Image of DRGX
DRGXDragonX
$0.06350
-1.98%
1D

DragonX Analysis

Investment Score
A quick view into DragonX's investment prospects.
7.7

The asset still looks technically supportive, with multiple signals continuing to back the setup.

What is helping
  • MACD is confirming the current directional bias.
  • Solid Trend Structure: EMAs are stacked bullishly and price is holding above VWMA, confirming a healthy trend environment.
Main risks
  • Momentum is extended, which raises the risk of chasing.
  • Price is too close to resistance relative to nearby support.
Market State Summary
Current regime
Bull Quiet
Confidence: 95%
Why this state?
  • DRGX is above SMA50
  • SMA50 is above 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 Bull Quiet regime, the best-fit approach is Trend following / buy dips. Trend conditions are constructive and volatility is contained, which usually favors following the move higher and looking for pullbacks instead of fading strength.

Trend
Bullish
DRGX is trading above key moving averages and the medium-term trend is still rising.
Momentum
Overbought
RSI is 71.46, which points to stretched upside momentum.
Volatility
Quiet
DRGX ATR volatility is below the 60th percentile of its trailing 180-day history.
Key Levels
Resistance zone
$0.06757 - $0.07893
Support zone
$0.03904 - $0.06736
Chart Patterns
SMA50
SMA100
SMA200
RSI
Overbought
MACD
Bullish
ATR%
Quiet
Volume
High
Support & Resistance

DragonX 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
$0.03904 - $0.06736
Resistance zone
$0.06757 - $0.07893
Active zone
--
Levels Table
LevelZoneStrength
Support 1$0.03904 - $0.06736
Support 2$0.001300 - $0.03569
Resistance 1$0.06757 - $0.07893
Scenario Analysis
Bullish scenario

DRGX clears the resistance zone at $0.06757 - $0.07893 and holds above it. That would strengthen the breakout case and shift attention to $0.06757 - $0.07893.

Bearish scenario

DRGX loses the support zone at $0.03904 - $0.06736. That would weaken the setup and open the way toward $0.001300 - $0.03569.

Neutral scenario

DRGX continues trading between $0.06736 and $0.06757. 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
$0.04403
Bullish
DRGX is trading above the 50-day average.
SMA200
$0.02448
Bullish
DRGX remains above the long-term trend line.
EMA50
$0.04523
Bullish
DRGX is holding above the 50-day exponential average, which supports the recent trend.
EMA200
$0.02986
Bullish
DRGX is above the 200-day exponential average, which keeps the longer-term structure constructive.
RSI (14)
71.46
Overbought
RSI (14) is elevated at 71.46, which suggests upside momentum may be getting stretched.
Stoch RSI (14)
87.38
Overbought
Stoch RSI (14) is high at 87.38, which shows momentum is pressing near its recent upper extreme.
MACD
0.007214
Bullish
MACD is above its signal line.
ATR
12.94%
Quiet
Volatility is below its 180-day median.
VWMA
$0.05434
Bullish
Price is above the volume-weighted average.
Commodity Channel Index (20)
100.85
Bullish
CCI (20) is strong at 100.85, which shows price is trading well above its recent average.
Awesome Oscillator (5, 34)
$0.01841
Bullish
Awesome Oscillator is above zero at $0.01841, which supports bullish momentum.
Williams Percent Range (14)
-15.12
Overbought
Williams Percent Range (14) is near the top of its recent range at -15.12.
Bull Bear Power (13)
$0.005113
Bullish
Bull Bear Power (13) is positive at $0.005113, which suggests buyers are controlling price relative to the EMA baseline.
Ultimate Oscillator (7, 14, 28)
57.47
Neutral
Ultimate Oscillator is at 57.47, which suggests momentum is balanced across its short, medium, and long windows.
Hull Moving Average (9)
$0.06951
Bearish
DRGX is trading below the Hull Moving Average (9), which weakens the near-term trend.
Ichimoku Cloud B/L (9, 26, 52, 26)
$0.05291
Bullish
DRGX is trading above the Ichimoku base line, which supports bullish structure.
Assets Similar to DragonX

Over the past 7 days, DragonX price was most positively correlated with the price of Monad (MON), Midnight (NIGHT), JUST (JST), IOTA (IOTA) and Stacks (STX) and most negatively correlated with the price of Ethereum Classic (ETC), Dash (DASH), Polygon Ecosystem Token (POL), Beldex (BDX) and Zcash (ZEC).

Positively Correlated Currencies
NameCorrelation
Image of MonadMonad0.714
Image of MidnightMidnight0.662
Image of JUSTJUST0.633
Image of IOTAIOTA0.593
Image of StacksStacks0.577
Negatively Correlated Currencies
NameCorrelation
Image of Ethereum ClassicEthereum Classic-0.808
Image of DashDash-0.802
Image of Polygon Ecosystem TokenPolygon Ecosystem Token-0.781
Image of BeldexBeldex-0.779
Image of ZcashZcash-0.777

DragonX price is negatively correlated with the top 10 coins by market cap with a price of -0.233, excluding Tether (USDT) and negatively correlated with the top 100 coins by market cap excluding all stablecoins with a price of -0.234. Currencies that are positively correlated with DragonX 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 DragonX, a move in one direction for DragonX would translate into a move in the opposite direction for the negatively correlated coin.

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