Image of DRX
DRXDRX Token
$0.001555
-2.12%
1D

DRX Token Analysis

Investment Score
A quick view into DRX Token's investment prospects.
3.9

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

What is helping
  • MACD is confirming the current directional bias.
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: 95%
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 48.28, 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
$0.002300 - $0.002587
Active zone
$0.001571 - $0.001832
Support zone
$0.001294 - $0.001633
Chart Patterns
SMA50
SMA100
SMA200
RSI
Neutral
MACD
Bullish
ATR%
Volatile
Volume
High
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
$0.001294 - $0.001633
Resistance zone
$0.002300 - $0.002587
Active zone
$0.001571 - $0.001832
Levels Table
LevelZoneStrength
Support 1$0.001294 - $0.001633
Resistance 1$0.002300 - $0.002587
Resistance 2$0.002660 - $0.003301
Resistance 3$0.003302 - $0.003563
Resistance 4$0.003680 - $0.004111
Active 1$0.001571 - $0.001832
Scenario Analysis
Bullish scenario

DRX clears the resistance zone at $0.002300 - $0.002587 and holds above it. That would strengthen the breakout case and shift attention to $0.002660 - $0.003301.

Bearish scenario

DRX loses the support zone at $0.001294 - $0.001633. That would weaken the setup and open the way toward $0.001294 - $0.001633.

Neutral scenario

DRX continues trading between $0.001633 and $0.002300. 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
$0.001970
Bearish
DRX is trading below the 50-day average.
SMA200
$0.003741
Bearish
DRX remains below the long-term trend line.
EMA50
$0.001921
Bearish
DRX is trading below the 50-day exponential average, which weakens the recent trend.
EMA200
$0.003944
Bearish
DRX is below the 200-day exponential average, which keeps the longer-term structure under pressure.
RSI (14)
48.28
Neutral
RSI (14) is at 48.28, which keeps momentum in a balanced range.
Stoch RSI (14)
62.70
Neutral
Stoch RSI (14) is at 62.70, which suggests momentum is active but not yet extreme.
MACD
-0.0001116
Bullish
MACD is above its signal line.
ATR
15.97%
Volatile
Volatility is above its 180-day median.
VWMA
$0.001662
Bearish
Price is below the volume-weighted average.
Commodity Channel Index (20)
71.57
Neutral
CCI (20) is at 71.57, which keeps price relatively close to its recent average.
Awesome Oscillator (5, 34)
$-0.0001971
Bearish
Awesome Oscillator is below zero at $-0.0001971, which supports bearish momentum.
Williams Percent Range (14)
-57.00
Neutral
Williams Percent Range (14) is at -57.00, which keeps price in the middle of its recent range.
Bull Bear Power (13)
$0.0002753
Bullish
Bull Bear Power (13) is positive at $0.0002753, which suggests buyers are controlling price relative to the EMA baseline.
Ultimate Oscillator (7, 14, 28)
48.40
Neutral
Ultimate Oscillator is at 48.40, which suggests momentum is balanced across its short, medium, and long windows.
Hull Moving Average (9)
$0.001706
Bearish
DRX is trading below the Hull Moving Average (9), which weakens the near-term trend.
Ichimoku Cloud B/L (9, 26, 52, 26)
$0.001705
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 Monero (XMR), JUST (JST), Curve DAO Token (CRV), Morpho (MORPHO) and Raydium (RAY) and most negatively correlated with the price of World Liberty Financial (WLFI), Kaia (KAIA), XDC Network (XDC), Pyth Network (PYTH) and Flare (FLR).

Positively Correlated Currencies
NameCorrelation
Image of MoneroMonero0.572
Image of JUSTJUST0.542
Image of Curve DAO TokenCurve DAO Token0.527
Image of MorphoMorpho0.482
Image of RaydiumRaydium0.439
Negatively Correlated Currencies
NameCorrelation
Image of World Liberty FinancialWorld Liberty Financial-0.792
Image of KaiaKaia-0.595
Image of XDC NetworkXDC Network-0.555
Image of Pyth NetworkPyth Network-0.545
Image of FlareFlare-0.539

DRX Token price is negatively correlated with the top 10 coins by market cap with a price of -0.149, excluding Tether (USDT) and negatively correlated with the top 100 coins by market cap excluding all stablecoins with a price of -0.131. 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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