Image of ETHDYDX
ETHDYDXdYdX (ethDYDX)
$0.1320
0.44%
1D

dYdX (ethDYDX) Analysis

Investment Score
A quick view into dYdX (ethDYDX)'s investment prospects.
7.1

The asset looks technically constructive, but the current entry quality is not perfect.

What is helping
  • Squeeze Breakout Setup: Bollinger Bands are historically compressed and price is above EMA50, suggesting an expansion move may be underway.
  • Institutional Support Reclaimed: A recent candle wick broke below SMA200 but closed above it while VWMA held, indicating strong buying interest at that level.
Main risks
  • Price is trading below the volume-weighted average, which suggests the move is losing volume-backed support.
  • Price is trading below the Ichimoku base line, which suggests the broader structure is weakening.
Market State Summary
Current regime
Bull Quiet
Confidence: 68%
Why this state?
  • ETHDYDX 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
ETHDYDX is trading above key moving averages and the medium-term trend is still rising.
Momentum
Neutral
RSI is 50.29, which is neither overbought nor oversold.
Volatility
Quiet
ETHDYDX ATR volatility is below the 60th percentile of its trailing 180-day history.
Key Levels
Resistance zone
$0.1498 - $0.1631
Active zone
$0.1229 - $0.1466
Support zone
$0.07205 - $0.1218
Chart Patterns
SMA50
SMA100
SMA200
RSI
Neutral
MACD
Bearish
ATR%
Quiet
Volume
Average
Support & Resistance

dYdX (ethDYDX) 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
$0.07205 - $0.1218
Resistance zone
$0.1498 - $0.1631
Active zone
$0.1229 - $0.1466
Levels Table
LevelZoneStrength
Support 1$0.07205 - $0.1218
Resistance 1$0.1498 - $0.1631
Resistance 2$0.1686 - $0.1820
Resistance 3$0.1904 - $0.2131
Resistance 4$0.5455 - $0.5721
Active 1$0.1229 - $0.1466
Scenario Analysis
Bullish scenario

ETHDYDX clears the resistance zone at $0.1498 - $0.1631 and holds above it. That would strengthen the breakout case and shift attention to $0.1686 - $0.1820.

Bearish scenario

ETHDYDX loses the support zone at $0.07205 - $0.1218. That would weaken the setup and open the way toward $0.07205 - $0.1218.

Neutral scenario

ETHDYDX continues trading between $0.1218 and $0.1498. 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
$0.1268
Bullish
ETHDYDX is trading above the 50-day average.
SMA200
$0.1301
Bullish
ETHDYDX remains above the long-term trend line.
EMA50
$0.1309
Bullish
ETHDYDX is holding above the 50-day exponential average, which supports the recent trend.
EMA200
$0.1454
Bearish
ETHDYDX is below the 200-day exponential average, which keeps the longer-term structure under pressure.
RSI (14)
50.29
Neutral
RSI (14) is at 50.29, which keeps momentum in a balanced range.
Stoch RSI (14)
19.62
Oversold
Stoch RSI (14) is low at 19.62, which shows momentum is pressing near its recent lower extreme.
MACD
0.002393
Bearish
MACD is below its signal line.
ATR
7.55%
Quiet
Volatility is below its 180-day median.
VWMA
$0.1421
Bearish
Price is below the volume-weighted average.
Commodity Channel Index (20)
-85.96
Neutral
CCI (20) is at -85.96, which keeps price relatively close to its recent average.
Awesome Oscillator (5, 34)
$0.004815
Bullish
Awesome Oscillator is above zero at $0.004815, which supports bullish momentum.
Williams Percent Range (14)
-68.62
Neutral
Williams Percent Range (14) is at -68.62, which keeps price in the middle of its recent range.
Bull Bear Power (13)
$-0.005561
Bearish
Bull Bear Power (13) is negative at $-0.005561, which suggests sellers are controlling price relative to the EMA baseline.
Ultimate Oscillator (7, 14, 28)
48.15
Neutral
Ultimate Oscillator is at 48.15, which suggests momentum is balanced across its short, medium, and long windows.
Hull Moving Average (9)
$0.1351
Bullish
ETHDYDX is trading above the Hull Moving Average (9), which supports the near-term trend.
Ichimoku Cloud B/L (9, 26, 52, 26)
$0.1362
Bearish
ETHDYDX is trading below the Ichimoku base line, which points to weaker structure.
Assets Similar to dYdX (ethDYDX)

Over the past 7 days, dYdX (ethDYDX) price was most positively correlated with the price of Polkadot (DOT), Kaspa (KAS), Immutable X (IMX), Ondo Finance (ONDO) and Worldcoin (WLD) and most negatively correlated with the price of Monero (XMR), LEO Token (LEO), TRON (TRX), Gnosis (GNO) and Decred (DCR).

Positively Correlated Currencies
NameCorrelation
Image of PolkadotPolkadot0.837
Image of KaspaKaspa0.831
Image of Immutable XImmutable X0.794
Image of Ondo FinanceOndo Finance0.767
Image of WorldcoinWorldcoin0.757
Negatively Correlated Currencies
NameCorrelation
Image of MoneroMonero-0.355
Image of LEO TokenLEO Token-0.331
Image of TRONTRON-0.202
Image of GnosisGnosis-0.142
Image of DecredDecred-0.130

dYdX (ethDYDX) price is positively correlated with the top 10 coins by market cap with a price of 0.494, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.378. Currencies that are positively correlated with dYdX (ethDYDX) 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 (ethDYDX), a move in one direction for dYdX (ethDYDX) would translate into a move in the opposite direction for the negatively correlated coin.

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