Image of DYDX
DYDXdYdX
$0.1467
-1.49%
1D

dYdX Analysis

Investment Score
A quick view into dYdX's investment prospects.
8.6

Trend and momentum are aligned, and the current chart still offers a constructive buy setup.

What is helping
  • MACD is confirming the current directional bias.
  • The current level still offers a favorable reward-to-risk profile.
Main risks
  • Price is trading below the Hull Moving Average (9), which points to weakening short-term momentum.
  • 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 Quiet
Confidence: 67%
Why this state?
  • DYDX is above SMA50
  • SMA50 is below 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
DYDX is trading above key moving averages and the medium-term trend is still rising.
Momentum
Neutral
RSI is 62.94, which is neither overbought nor oversold.
Volatility
Quiet
DYDX ATR volatility is below the 60th percentile of its trailing 180-day history.
Key Levels
Resistance zone
$0.1704 - $0.1853
Active zone
$0.1476 - $0.1625
Support zone
$0.1231 - $0.1471
Chart Patterns
SMA50
SMA100
SMA200
RSI
Neutral
MACD
Bullish
ATR%
Quiet
Volume
High
Support & Resistance

dYdX 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
$0.1231 - $0.1471
Resistance zone
$0.1704 - $0.1853
Active zone
$0.1476 - $0.1625
Levels Table
LevelZoneStrength
Support 1$0.1231 - $0.1471
Support 2$0.07126 - $0.1208
Resistance 1$0.1704 - $0.1853
Resistance 2$0.1897 - $0.2333
Resistance 3$0.4881 - $0.5269
Resistance 4$0.5455 - $0.5727
Active 1$0.1476 - $0.1625
Scenario Analysis
Bullish scenario

DYDX clears the resistance zone at $0.1704 - $0.1853 and holds above it. That would strengthen the breakout case and shift attention to $0.1897 - $0.2333.

Bearish scenario

DYDX loses the support zone at $0.1231 - $0.1471. That would weaken the setup and open the way toward $0.07126 - $0.1208.

Neutral scenario

DYDX continues trading between $0.1471 and $0.1704. 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
$0.1213
Bullish
DYDX is trading above the 50-day average.
SMA200
$0.1275
Bullish
DYDX remains above the long-term trend line.
EMA50
$0.1270
Bullish
DYDX is holding above the 50-day exponential average, which supports the recent trend.
EMA200
$0.1461
Bullish
DYDX is above the 200-day exponential average, which keeps the longer-term structure constructive.
RSI (14)
62.94
Neutral
RSI (14) is at 62.94, which keeps momentum in a balanced range.
Stoch RSI (14)
58.90
Neutral
Stoch RSI (14) is at 58.90, which suggests momentum is active but not yet extreme.
MACD
0.008060
Bullish
MACD is above its signal line.
ATR
7.74%
Quiet
Volatility is below its 180-day median.
VWMA
$0.1362
Bullish
Price is above the volume-weighted average.
Commodity Channel Index (20)
117.85
Bullish
CCI (20) is strong at 117.85, which shows price is trading well above its recent average.
Awesome Oscillator (5, 34)
$0.02022
Bullish
Awesome Oscillator is above zero at $0.02022, which supports bullish momentum.
Williams Percent Range (14)
-28.79
Neutral
Williams Percent Range (14) is at -28.79, which keeps price in the middle of its recent range.
Bull Bear Power (13)
$0.01168
Bullish
Bull Bear Power (13) is positive at $0.01168, which suggests buyers are controlling price relative to the EMA baseline.
Ultimate Oscillator (7, 14, 28)
54.46
Neutral
Ultimate Oscillator is at 54.46, which suggests momentum is balanced across its short, medium, and long windows.
Hull Moving Average (9)
$0.1514
Bearish
DYDX is trading below the Hull Moving Average (9), which weakens the near-term trend.
Ichimoku Cloud B/L (9, 26, 52, 26)
$0.1298
Bullish
DYDX is trading above the Ichimoku base line, which supports bullish structure.
Assets Similar to dYdX

Over the past 7 days, dYdX price was most positively correlated with the price of Aave (AAVE), Midnight (NIGHT), Stacks (STX), Bitcoin (BTC) and LayerZero (ZRO) and most negatively correlated with the price of Sei (SEI), Canton (CC), Beldex (BDX), Polygon Ecosystem Token (POL) and Zcash (ZEC).

Positively Correlated Currencies
NameCorrelation
Image of AaveAave0.842
Image of MidnightMidnight0.832
Image of StacksStacks0.812
Image of BitcoinBitcoin0.804
Image of LayerZeroLayerZero0.781
Negatively Correlated Currencies
NameCorrelation
Image of SeiSei-0.719
Image of CantonCanton-0.709
Image of BeldexBeldex-0.696
Image of Polygon Ecosystem TokenPolygon Ecosystem Token-0.646
Image of ZcashZcash-0.641

dYdX price is positively correlated with the top 10 coins by market cap with a price of 0.088, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.068. Currencies that are positively correlated with dYdX 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 dYdX, a move in one direction for dYdX 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