Image of DGN
DGNDragon Coin
$0.0004981
1.38%
1D

Dragon Coin Analysis

Investment Score
A quick view into Dragon Coin's investment prospects.
8.9

The setup looks very strong, with broad technical confirmation still supporting the current structure.

What is helping
  • MACD is confirming the current directional bias.
  • The current level still offers a favorable reward-to-risk profile.
Main risks
  • ATR percentile is elevated, which signals a noisier market and a higher chance of sharp swings.
  • Trend Exhaustion Risk: Price is more than 5% extended above EMA50, increasing the risk of a pullback or mean-reversion dip.
Market State Summary
Current regime
Bull Volatile
Confidence: 91%
Why this state?
  • DGN is above SMA50
  • SMA50 is above SMA200
  • SMA50 slope is positive over the last 10 days
  • 30-day return is positive
  • ATR volatility is above the 60th percentile of its trailing 180-day history
Suggested strategy

In the current Bull Volatile regime, the best-fit approach is Follow the trend, but tighten risk control. The broader trend is still bullish, but price swings are wider and less forgiving, so the upside bias remains intact while execution and risk control need to be tighter.

Trend
Bullish
DGN is trading above key moving averages and the medium-term trend is still rising.
Momentum
Neutral
RSI is 58.52, 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
$0.0005388 - $0.0005853
Support zone
$0.0004329 - $0.0004779
Chart Patterns
SMA50
SMA100
SMA200
RSI
Neutral
MACD
Bullish
ATR%
Volatile
Volume
Low
Support & Resistance

Dragon Coin 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
$0.0004329 - $0.0004779
Resistance zone
$0.0005388 - $0.0005853
Active zone
--
Levels Table
LevelZoneStrength
Support 1$0.0004329 - $0.0004779
Support 2$0.0003442 - $0.0003967
Support 3$0.0001719 - $0.0003380
Resistance 1$0.0005388 - $0.0005853
Resistance 2$0.0008159 - $0.0008604
Resistance 3$0.0009272 - $0.001009
Scenario Analysis
Bullish scenario

DGN clears the resistance zone at $0.0005388 - $0.0005853 and holds above it. That would strengthen the breakout case and shift attention to $0.0008159 - $0.0008604.

Bearish scenario

DGN loses the support zone at $0.0004329 - $0.0004779. That would weaken the setup and open the way toward $0.0003442 - $0.0003967.

Neutral scenario

DGN continues trading between $0.0004779 and $0.0005388. 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
$0.0004378
Bullish
DGN is trading above the 50-day average.
SMA200
$0.0002906
Bullish
DGN remains above the long-term trend line.
EMA50
$0.0004222
Bullish
DGN is holding above the 50-day exponential average, which supports the recent trend.
EMA200
$0.0004066
Bullish
DGN is above the 200-day exponential average, which keeps the longer-term structure constructive.
RSI (14)
58.52
Neutral
RSI (14) is at 58.52, which keeps momentum in a balanced range.
Stoch RSI (14)
78.81
Neutral
Stoch RSI (14) is at 78.81, which suggests momentum is active but not yet extreme.
MACD
0.00002156
Bullish
MACD is above its signal line.
ATR
9.01%
Volatile
Volatility is above its 180-day median.
VWMA
$0.0004290
Bullish
Price is above the volume-weighted average.
Commodity Channel Index (20)
103.64
Bullish
CCI (20) is strong at 103.64, which shows price is trading well above its recent average.
Awesome Oscillator (5, 34)
$0.00006010
Bullish
Awesome Oscillator is above zero at $0.00006010, which supports bullish momentum.
Williams Percent Range (14)
-17.64
Overbought
Williams Percent Range (14) is near the top of its recent range at -17.64.
Bull Bear Power (13)
$0.00003420
Bullish
Bull Bear Power (13) is positive at $0.00003420, which suggests buyers are controlling price relative to the EMA baseline.
Ultimate Oscillator (7, 14, 28)
49.41
Neutral
Ultimate Oscillator is at 49.41, which suggests momentum is balanced across its short, medium, and long windows.
Hull Moving Average (9)
$0.0004927
Bullish
DGN is trading above the Hull Moving Average (9), which supports the near-term trend.
Ichimoku Cloud B/L (9, 26, 52, 26)
$0.0004195
Bullish
DGN is trading above the Ichimoku base line, which supports bullish structure.
Assets Similar to Dragon Coin

Over the past 7 days, Dragon Coin price was most positively correlated with the price of Filecoin (FIL), Internet Computer (ICP), Celestia (TIA), Quant (QNT) and Polkadot (DOT) and most negatively correlated with the price of Flare (FLR), SPX6900 (SPX), Beldex (BDX), Canton (CC) and APENFT (NFT).

Positively Correlated Currencies
NameCorrelation
Image of FilecoinFilecoin0.647
Image of Internet ComputerInternet Computer0.554
Image of CelestiaCelestia0.516
Image of QuantQuant0.495
Image of PolkadotPolkadot0.488
Negatively Correlated Currencies
NameCorrelation
Image of FlareFlare-0.456
Image of SPX6900SPX6900-0.412
Image of BeldexBeldex-0.406
Image of CantonCanton-0.398
Image of APENFTAPENFT-0.363

Dragon Coin price is positively correlated with the top 10 coins by market cap with a price of 0.321, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.195. Currencies that are positively correlated with Dragon Coin 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 Dragon Coin, a move in one direction for Dragon Coin would translate into a move in the opposite direction for the negatively correlated coin.

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