Image of DGN
DGNDegen
$0.0003287
-0.34%
1D

Degen Analysis

Investment Score
A quick view into Degen's investment prospects.
5.3

The chart is mixed right now, so patience is justified unless a better entry appears.

What is helping
  • Bollinger Squeeze: Bollinger Bands are at historically narrow levels, signaling a high-energy move is coiling. Watch for a directional break.
  • Price is trading above the Hull Moving Average (9), which keeps the near-term trend supportive.
Main risks
  • Price is too close to resistance relative to nearby support.
  • Price is trading below the volume-weighted average, which suggests the move is losing volume-backed support.
Market State Summary
Current regime
Sideways Quiet
Confidence: 52%
Why this state?
  • DGN is below SMA50
  • SMA50 is below SMA200
  • SMA50 slope is positive over the last 10 days
  • 30-day return is positive
  • ATR volatility is below the 60th percentile of its trailing 180-day history
Suggested strategy

In the current Sideways Quiet regime, the best-fit approach is Range trading / mean reversion. The market is balanced and relatively calm, which tends to reward mean-reversion behavior and range trading more than breakout chasing.

Trend
Sideways
DGN is caught between bullish and bearish trend signals.
Momentum
Neutral
RSI is 44.74, which is neither overbought nor oversold.
Volatility
Quiet
DGN ATR volatility is below the 60th percentile of its trailing 180-day history.
Key Levels
Resistance zone
$0.0003491 - $0.0003754
Active zone
$0.0003088 - $0.0003491
Support zone
$0.0002382 - $0.0002950
Chart Patterns
SMA50
SMA100
SMA200
RSI
Neutral
MACD
Bearish
ATR%
Quiet
Volume
Low
Support & Resistance

Degen support and resistance levels highlight key price zones where buyers and sellers are most active. This section helps identify likely breakout areas, pullback support, overhead resistance, and the current trading range so you can evaluate trend continuation, reversal risk, and near-term crypto price direction.

Support zone
$0.0002382 - $0.0002950
Resistance zone
$0.0003491 - $0.0003754
Active zone
$0.0003088 - $0.0003491
Levels Table
LevelZoneStrength
Support 1$0.0002382 - $0.0002950
Resistance 1$0.0003491 - $0.0003754
Resistance 2$0.0003859 - $0.0004567
Resistance 3$0.0004737 - $0.0005011
Resistance 4$0.0005594 - $0.0005857
Active 1$0.0003088 - $0.0003491
Scenario Analysis
Bullish scenario

DGN clears the resistance zone at $0.0003491 - $0.0003754 and holds above it. That would strengthen the breakout case and shift attention to $0.0003859 - $0.0004567.

Bearish scenario

DGN loses the support zone at $0.0002382 - $0.0002950. That would weaken the setup and open the way toward $0.0002382 - $0.0002950.

Neutral scenario

DGN continues trading between $0.0002950 and $0.0003491. In that case, range-trading conditions remain active.

Technical Indicators

Technical indicators help summarize trend, momentum, volatility, and key price levels. They should not be used in isolation, but they can help identify whether a coin is trending, ranging, overextended, or approaching an important support or resistance level.

IndicatorValueSignalInterpretation
SMA50
$0.0003617
Bearish
DGN is trading below the 50-day average.
SMA200
$0.0005836
Bearish
DGN remains below the long-term trend line.
EMA50
$0.0003513
Bearish
DGN is trading below the 50-day exponential average, which weakens the recent trend.
EMA200
$0.0004912
Bearish
DGN is below the 200-day exponential average, which keeps the longer-term structure under pressure.
RSI (14)
44.74
Neutral
RSI (14) is at 44.74, which keeps momentum in a balanced range.
Stoch RSI (14)
0.00
Oversold
Stoch RSI (14) is low at 0.00, which shows momentum is pressing near its recent lower extreme.
MACD
0.0₅3402
Bearish
MACD is below its signal line.
ATR
7.87%
Quiet
Volatility is below its 180-day median.
VWMA
$0.0003568
Bearish
Price is below the volume-weighted average.
Commodity Channel Index (20)
-88.48
Neutral
CCI (20) is at -88.48, which keeps price relatively close to its recent average.
Awesome Oscillator (5, 34)
$0.00002155
Bullish
Awesome Oscillator is above zero at $0.00002155, which supports bullish momentum.
Williams Percent Range (14)
-90.92
Oversold
Williams Percent Range (14) is near the bottom of its recent range at -90.92.
Bull Bear Power (13)
$-0.00002012
Bearish
Bull Bear Power (13) is negative at $-0.00002012, which suggests sellers are controlling price relative to the EMA baseline.
Ultimate Oscillator (7, 14, 28)
45.79
Neutral
Ultimate Oscillator is at 45.79, which suggests momentum is balanced across its short, medium, and long windows.
Hull Moving Average (9)
$0.0003257
Bullish
DGN is trading above the Hull Moving Average (9), which supports the near-term trend.
Ichimoku Cloud B/L (9, 26, 52, 26)
$0.0003258
Bullish
DGN is trading above the Ichimoku base line, which supports bullish structure.
Assets Similar to Degen

Over the past 7 days, Degen price was most positively correlated with the price of Monad (MON), Dash (DASH), SPX6900 (SPX), Mantle (MNT) and Cronos (CRO) and most negatively correlated with the price of Beldex (BDX), Raydium (RAY), Kaia (KAIA), XDC Network (XDC) and Cosmos (ATOM).

Positively Correlated Currencies
NameCorrelation
Image of MonadMonad0.912
Image of DashDash0.911
Image of SPX6900SPX69000.897
Image of MantleMantle0.893
Image of CronosCronos0.883
Negatively Correlated Currencies
NameCorrelation
Image of BeldexBeldex-0.716
Image of RaydiumRaydium-0.665
Image of KaiaKaia-0.565
Image of XDC NetworkXDC Network-0.502
Image of CosmosCosmos-0.501

Degen price is positively correlated with the top 10 coins by market cap with a price of 0.426, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.518. Currencies that are positively correlated with Degen indicate that the movement of one has a statistically significant weight to lead the other in the same direction. For currencies that are negatively correlated with Degen, a move in one direction for Degen would translate into a move in the opposite direction for the negatively correlated coin.

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