Image of DGN
DGNDegen
$0.0002969
0.86%
1D

Degen Analysis

Investment Score
A quick view into Degen's investment prospects.
4.4

The setup lacks strong confirmation and carries enough risk to justify caution at current levels.

What is helping
  • Price is holding above the volume-weighted average, which suggests the move still has volume-backed support.
  • Price is trading above the Hull Moving Average (9), which keeps the near-term trend supportive.
Main risks
  • ATR percentile is elevated, which signals a noisier market and a higher chance of sharp swings.
  • The higher-timeframe trend is still working against fresh longs.
Market State Summary
Current regime
Bear Volatile
Confidence: 73%
Why this state?
  • DGN is below SMA50
  • SMA50 is below SMA200
  • SMA50 slope is positive over the last 10 days
  • 30-day return is negative
  • ATR volatility is above the 60th percentile of its trailing 180-day history
Suggested strategy

In the current Bear Volatile regime, the best-fit approach is Capital preservation / avoid chasing reversals. Downtrend pressure is being reinforced by unstable price action, which makes capital preservation and patience more important than trying to catch sharp countertrend moves.

Trend
Bearish
DGN is trading below key moving averages and the medium-term trend is still weakening.
Momentum
Neutral
RSI is 44.10, which is neither overbought nor oversold.
Volatility
Volatile
DGN ATR volatility is above the 60th percentile of its trailing 180-day history.
Key Levels
Resistance zone
$0.0003036 - $0.0003819
Support zone
$0.0002062 - $0.0002919
Chart Patterns
SMA50
SMA100
SMA200
RSI
Neutral
MACD
Bearish
ATR%
Volatile
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
$0.0002062 - $0.0002919
Resistance zone
$0.0003036 - $0.0003819
Active zone
--
Levels Table
LevelZoneStrength
Support 1$0.0002062 - $0.0002919
Resistance 1$0.0003036 - $0.0003819
Resistance 2$0.0003833 - $0.0005075
Resistance 3$0.0005530 - $0.0006622
Resistance 4$0.0009948 - $0.001056
Scenario Analysis
Bullish scenario

DGN clears the resistance zone at $0.0003036 - $0.0003819 and holds above it. That would strengthen the breakout case and shift attention to $0.0003833 - $0.0005075.

Bearish scenario

DGN loses the support zone at $0.0002062 - $0.0002919. That would weaken the setup and open the way toward $0.0002062 - $0.0002919.

Neutral scenario

DGN continues trading between $0.0002919 and $0.0003036. 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
$0.0003491
Bearish
DGN is trading below the 50-day average.
SMA200
$0.0006003
Bearish
DGN remains below the long-term trend line.
EMA50
$0.0003446
Bearish
DGN is trading below the 50-day exponential average, which weakens the recent trend.
EMA200
$0.0005230
Bearish
DGN is below the 200-day exponential average, which keeps the longer-term structure under pressure.
RSI (14)
44.10
Neutral
RSI (14) is at 44.10, which keeps momentum in a balanced range.
Stoch RSI (14)
98.36
Overbought
Stoch RSI (14) is high at 98.36, which shows momentum is pressing near its recent upper extreme.
MACD
-0.00002910
Bearish
MACD is below its signal line.
ATR
13.23%
Volatile
Volatility is above its 180-day median.
VWMA
$0.0002872
Bullish
Price is above the volume-weighted average.
Commodity Channel Index (20)
-34.82
Neutral
CCI (20) is at -34.82, which keeps price relatively close to its recent average.
Awesome Oscillator (5, 34)
$-0.00009932
Bearish
Awesome Oscillator is below zero at $-0.00009932, which supports bearish momentum.
Williams Percent Range (14)
-61.88
Neutral
Williams Percent Range (14) is at -61.88, which keeps price in the middle of its recent range.
Bull Bear Power (13)
$0.0₅1884
Bullish
Bull Bear Power (13) is positive at $0.0₅1884, which suggests buyers are controlling price relative to the EMA baseline.
Ultimate Oscillator (7, 14, 28)
39.94
Neutral
Ultimate Oscillator is at 39.94, which suggests momentum is balanced across its short, medium, and long windows.
Hull Moving Average (9)
$0.0002800
Bullish
DGN is trading above the Hull Moving Average (9), which supports the near-term trend.
Ichimoku Cloud B/L (9, 26, 52, 26)
$0.0003523
Bearish
DGN is trading below the Ichimoku base line, which points to weaker structure.
Assets Similar to Degen

Over the past 7 days, Degen price was most positively correlated with the price of Monero (XMR), Kaspa (KAS), Gnosis (GNO), Conflux (CFX) and Raydium (RAY) and most negatively correlated with the price of JUST (JST), Stellar (XLM), Pi Network (PI), APENFT (NFT) and PancakeSwap (CAKE).

Positively Correlated Currencies
NameCorrelation
Image of MoneroMonero0.685
Image of KaspaKaspa0.647
Image of GnosisGnosis0.613
Image of ConfluxConflux0.601
Image of RaydiumRaydium0.599
Negatively Correlated Currencies
NameCorrelation
Image of JUSTJUST-0.204
Image of StellarStellar0.001
Image of Pi NetworkPi Network0.001
Image of APENFTAPENFT0.042
Image of PancakeSwapPancakeSwap0.043

Degen price is positively correlated with the top 10 coins by market cap with a price of 0.443, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.412. 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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