Image of DEGEN
DEGENDegen
$0.001084
0.34%
1D

Degen Analysis

Investment Score
A quick view into Degen's investment prospects.
5.7

The chart is fairly balanced right now, so waiting for stronger confirmation still makes sense.

What is helping
  • MACD is confirming the current directional bias.
  • High Conviction Breakout: Price recently crossed above the 50-day average and VWMA is confirming, suggesting accumulation-backed momentum.
Main risks
  • Price is too close to resistance relative to nearby support.
  • Price is trading below the Hull Moving Average (9), which points to weakening short-term momentum.
Market State Summary
Current regime
Sideways Quiet
Confidence: 61%
Why this state?
  • DEGEN is above SMA50
  • SMA50 is below SMA200
  • SMA50 slope is negative 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
DEGEN is caught between bullish and bearish trend signals.
Momentum
Neutral
RSI is 52.09, which is neither overbought nor oversold.
Volatility
Quiet
DEGEN ATR volatility is below the 60th percentile of its trailing 180-day history.
Key Levels
Resistance zone
$0.001102 - $0.001185
Support zone
$0.0009303 - $0.0009956
Chart Patterns
SMA50
SMA100
SMA200
RSI
Neutral
MACD
Bullish
ATR%
Quiet
Volume
Average
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
$0.0009303 - $0.0009956
Resistance zone
$0.001102 - $0.001185
Active zone
--
Levels Table
LevelZoneStrength
Support 1$0.0009303 - $0.0009956
Support 2$0.0007029 - $0.0008602
Support 3$0.0005890 - $0.0006544
Resistance 1$0.001102 - $0.001185
Resistance 2$0.001307 - $0.001465
Resistance 3$0.001549 - $0.001616
Resistance 4$0.001713 - $0.001787
Scenario Analysis
Bullish scenario

DEGEN clears the resistance zone at $0.001102 - $0.001185 and holds above it. That would strengthen the breakout case and shift attention to $0.001307 - $0.001465.

Bearish scenario

DEGEN loses the support zone at $0.0009303 - $0.0009956. That would weaken the setup and open the way toward $0.0007029 - $0.0008602.

Neutral scenario

DEGEN continues trading between $0.0009956 and $0.001102. 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
$0.001053
Bullish
DEGEN is trading above the 50-day average.
SMA200
$0.001074
Bullish
DEGEN remains above the long-term trend line.
EMA50
$0.001095
Bearish
DEGEN is trading below the 50-day exponential average, which weakens the recent trend.
EMA200
$0.001213
Bearish
DEGEN is below the 200-day exponential average, which keeps the longer-term structure under pressure.
RSI (14)
52.09
Neutral
RSI (14) is at 52.09, which keeps momentum in a balanced range.
Stoch RSI (14)
60.27
Neutral
Stoch RSI (14) is at 60.27, which suggests momentum is active but not yet extreme.
MACD
0.0₅8655
Bullish
MACD is above its signal line.
ATR
4.62%
Quiet
Volatility is below its 180-day median.
VWMA
$0.001063
Bullish
Price is above the volume-weighted average.
Commodity Channel Index (20)
35.80
Neutral
CCI (20) is at 35.80, which keeps price relatively close to its recent average.
Awesome Oscillator (5, 34)
$0.00002921
Bullish
Awesome Oscillator is above zero at $0.00002921, which supports bullish momentum.
Williams Percent Range (14)
-32.23
Neutral
Williams Percent Range (14) is at -32.23, which keeps price in the middle of its recent range.
Bull Bear Power (13)
$-6.795e-7
Bearish
Bull Bear Power (13) is negative at $-6.795e-7, which suggests sellers are controlling price relative to the EMA baseline.
Ultimate Oscillator (7, 14, 28)
43.85
Neutral
Ultimate Oscillator is at 43.85, which suggests momentum is balanced across its short, medium, and long windows.
Hull Moving Average (9)
$0.001097
Bearish
DEGEN is trading below the Hull Moving Average (9), which weakens the near-term trend.
Ichimoku Cloud B/L (9, 26, 52, 26)
$0.001147
Bearish
DEGEN 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 GateToken (GT), Gram (prev. Toncoin) (GRAM), Worldcoin (WLD), Kaspa (KAS) and LEO Token (LEO) and most negatively correlated with the price of TRON (TRX), Sun Token (SUN), Beldex (BDX), Injective (INJ) and Morpho (MORPHO).

Positively Correlated Currencies
NameCorrelation
Image of GateTokenGateToken0.683
Image of Gram (prev. Toncoin)Gram (prev. Toncoin)0.592
Image of WorldcoinWorldcoin0.576
Image of KaspaKaspa0.561
Image of LEO TokenLEO Token0.550
Negatively Correlated Currencies
NameCorrelation
Image of TRONTRON-0.304
Image of Sun TokenSun Token-0.301
Image of BeldexBeldex-0.230
Image of InjectiveInjective-0.230
Image of MorphoMorpho-0.162

Degen price is positively correlated with the top 10 coins by market cap with a price of 0.217, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.227. 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.

The CoinCheckup Cryptocurrency Price Tracker
Track over 40,000 crypto prices in real-time with ease.
Google Play Store link
4.3 • 10,000+ Ratings
Image of mobile app