Image of DRX
DRXDRX Token
$0.001902
0.68%
1D

DRX Token Analysis

Investment Score
A quick view into DRX Token's investment prospects.
3.7

The current setup is weak or too risky to treat as an attractive buy right now.

What is helping
  • 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: 87%
Why this state?
  • DRX is below SMA50
  • SMA50 is below SMA200
  • SMA50 slope is negative 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
DRX is trading below key moving averages and the medium-term trend is still weakening.
Momentum
Neutral
RSI is 34.91, which is neither overbought nor oversold.
Volatility
Volatile
DRX ATR volatility is above the 60th percentile of its trailing 180-day history.
Key Levels
Resistance zone
$0.002319 - $0.002572
Support zone
$0.001599 - $0.001890
Chart Patterns
SMA50
SMA100
SMA200
RSI
Neutral
MACD
Bearish
ATR%
Volatile
Volume
Low
Support & Resistance

DRX Token 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
$0.001599 - $0.001890
Resistance zone
$0.002319 - $0.002572
Active zone
--
Levels Table
LevelZoneStrength
Support 1$0.001599 - $0.001890
Resistance 1$0.002319 - $0.002572
Resistance 2$0.002679 - $0.003282
Resistance 3$0.003321 - $0.003544
Resistance 4$0.003699 - $0.004092
Scenario Analysis
Bullish scenario

DRX clears the resistance zone at $0.002319 - $0.002572 and holds above it. That would strengthen the breakout case and shift attention to $0.002679 - $0.003282.

Bearish scenario

DRX loses the support zone at $0.001599 - $0.001890. That would weaken the setup and open the way toward $0.001599 - $0.001890.

Neutral scenario

DRX continues trading between $0.001890 and $0.002319. 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
$0.002439
Bearish
DRX is trading below the 50-day average.
SMA200
$0.003928
Bearish
DRX remains below the long-term trend line.
EMA50
$0.002378
Bearish
DRX is trading below the 50-day exponential average, which weakens the recent trend.
EMA200
$0.004494
Bearish
DRX is below the 200-day exponential average, which keeps the longer-term structure under pressure.
RSI (14)
34.91
Neutral
RSI (14) is at 34.91, which keeps momentum in a balanced range.
Stoch RSI (14)
62.64
Neutral
Stoch RSI (14) is at 62.64, which suggests momentum is active but not yet extreme.
MACD
-0.0001653
Bearish
MACD is below its signal line.
ATR
11.81%
Volatile
Volatility is above its 180-day median.
VWMA
$0.002007
Bearish
Price is below the volume-weighted average.
Commodity Channel Index (20)
-76.42
Neutral
CCI (20) is at -76.42, which keeps price relatively close to its recent average.
Awesome Oscillator (5, 34)
$-0.0003771
Bearish
Awesome Oscillator is below zero at $-0.0003771, which supports bearish momentum.
Williams Percent Range (14)
-86.04
Oversold
Williams Percent Range (14) is near the bottom of its recent range at -86.04.
Bull Bear Power (13)
$-0.0001423
Bearish
Bull Bear Power (13) is negative at $-0.0001423, which suggests sellers are controlling price relative to the EMA baseline.
Ultimate Oscillator (7, 14, 28)
58.36
Neutral
Ultimate Oscillator is at 58.36, which suggests momentum is balanced across its short, medium, and long windows.
Hull Moving Average (9)
$0.001862
Bullish
DRX is trading above the Hull Moving Average (9), which supports the near-term trend.
Ichimoku Cloud B/L (9, 26, 52, 26)
$0.002232
Bearish
DRX is trading below the Ichimoku base line, which points to weaker structure.
Assets Similar to DRX Token

Over the past 7 days, DRX Token price was most positively correlated with the price of Bitcoin Cash (BCH), Pepe Coin (PEPE), TRON (TRX), Tezos (XTZ) and Bitcoin SV (BSV) and most negatively correlated with the price of Gnosis (GNO), Algorand (ALGO), Monad (MON), JUST (JST) and XDC Network (XDC).

Positively Correlated Currencies
NameCorrelation
Image of Bitcoin CashBitcoin Cash0.717
Image of Pepe CoinPepe Coin0.684
Image of TRONTRON0.669
Image of TezosTezos0.667
Image of Bitcoin SVBitcoin SV0.647
Negatively Correlated Currencies
NameCorrelation
Image of GnosisGnosis-0.791
Image of AlgorandAlgorand-0.764
Image of MonadMonad-0.744
Image of JUSTJUST-0.730
Image of XDC NetworkXDC Network-0.725

DRX Token price is negatively correlated with the top 10 coins by market cap with a price of -0.082, excluding Tether (USDT) and negatively correlated with the top 100 coins by market cap excluding all stablecoins with a price of -0.110. Currencies that are positively correlated with DRX Token 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 DRX Token, a move in one direction for DRX Token would translate into a move in the opposite direction for the negatively correlated coin.

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