Image of DGN
DGNDegen
$0.0002821
-3.20%
1D

Degen Analysis

Investment Score
A quick view into Degen's investment prospects.
4.0

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

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
  • The higher-timeframe trend is still working against fresh longs.
  • Price is trading below the volume-weighted average, which suggests the move is losing volume-backed support.
Market State Summary
Current regime
Bear Quiet
Confidence: 95%
Why this state?
  • DGN is below SMA50
  • SMA50 is below SMA200
  • SMA50 slope is negative over the last 10 days
  • 30-day return is negative
  • ATR volatility is below the 60th percentile of its trailing 180-day history
Suggested strategy

In the current Bear Quiet regime, the best-fit approach is Stay defensive and wait for confirmation. The market is weak without panic-level volatility, which usually argues for staying defensive, avoiding aggressive entries, and waiting for clearer evidence of a reversal.

Trend
Bearish
DGN is trading below key moving averages and the medium-term trend is still weakening.
Momentum
Neutral
RSI is 39.84, 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
$0.0003133 - $0.0003460
Active zone
$0.0002785 - $0.0003019
Support zone
$0.0002605 - $0.0002754
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
$0.0002605 - $0.0002754
Resistance zone
$0.0003133 - $0.0003460
Active zone
$0.0002785 - $0.0003019
Levels Table
LevelZoneStrength
Support 1$0.0002605 - $0.0002754
Support 2$0.0002353 - $0.0002590
Resistance 1$0.0003133 - $0.0003460
Resistance 2$0.0003548 - $0.0003697
Resistance 3$0.0003916 - $0.0004510
Resistance 4$0.0004745 - $0.0004954
Active 1$0.0002785 - $0.0003019
Scenario Analysis
Bullish scenario

DGN clears the resistance zone at $0.0003133 - $0.0003460 and holds above it. That would strengthen the breakout case and shift attention to $0.0003548 - $0.0003697.

Bearish scenario

DGN loses the support zone at $0.0002605 - $0.0002754. That would weaken the setup and open the way toward $0.0002353 - $0.0002590.

Neutral scenario

DGN continues trading between $0.0002754 and $0.0003133. 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
$0.0003219
Bearish
DGN is trading below the 50-day average.
SMA200
$0.0005253
Bearish
DGN remains below the long-term trend line.
EMA50
$0.0003240
Bearish
DGN is trading below the 50-day exponential average, which weakens the recent trend.
EMA200
$0.0004560
Bearish
DGN is below the 200-day exponential average, which keeps the longer-term structure under pressure.
RSI (14)
39.84
Neutral
RSI (14) is at 39.84, which keeps momentum in a balanced range.
Stoch RSI (14)
59.60
Neutral
Stoch RSI (14) is at 59.60, which suggests momentum is active but not yet extreme.
MACD
-0.00001214
Bearish
MACD is below its signal line.
ATR
5.11%
Quiet
Volatility is below its 180-day median.
VWMA
$0.0003067
Bearish
Price is below the volume-weighted average.
Commodity Channel Index (20)
-86.60
Neutral
CCI (20) is at -86.60, which keeps price relatively close to its recent average.
Awesome Oscillator (5, 34)
$-0.00003576
Bearish
Awesome Oscillator is below zero at $-0.00003576, which supports bearish momentum.
Williams Percent Range (14)
-72.99
Neutral
Williams Percent Range (14) is at -72.99, which keeps price in the middle of its recent range.
Bull Bear Power (13)
$-0.000005428
Bearish
Bull Bear Power (13) is negative at $-0.000005428, which suggests sellers are controlling price relative to the EMA baseline.
Ultimate Oscillator (7, 14, 28)
44.98
Neutral
Ultimate Oscillator is at 44.98, which suggests momentum is balanced across its short, medium, and long windows.
Hull Moving Average (9)
$0.0002906
Bullish
DGN is trading above the Hull Moving Average (9), which supports the near-term trend.
Ichimoku Cloud B/L (9, 26, 52, 26)
$0.0003412
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 XDC Network (XDC), Zcash (ZEC), Aster (ASTER), Quant (QNT) and Midnight (NIGHT) and most negatively correlated with the price of Sky (SKY), LayerZero (ZRO), Optimism (OP), TRON (TRX) and Hyperliquid (HYPE).

Positively Correlated Currencies
NameCorrelation
Image of XDC NetworkXDC Network0.538
Image of ZcashZcash0.474
Image of AsterAster0.439
Image of QuantQuant0.432
Image of MidnightMidnight0.389
Negatively Correlated Currencies
NameCorrelation
Image of SkySky-0.322
Image of LayerZeroLayerZero-0.151
Image of OptimismOptimism-0.097
Image of TRONTRON-0.088
Image of HyperliquidHyperliquid-0.082

Degen price is positively correlated with the top 10 coins by market cap with a price of 0.170, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.158. 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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