Image of HDX
HDXHydraDX
$0.008138
2.63%
1D

HydraDX Analysis

Investment Score
A quick view into HydraDX's investment prospects.
7.1

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

What is helping
  • The current level still offers a favorable reward-to-risk profile.
  • Price is trading above the Ichimoku base line, which keeps the broader structure supportive.
Main risks
  • ATR percentile is elevated, which signals a noisier market and a higher chance of sharp swings.
  • Price is trading below the volume-weighted average, which suggests the move is losing volume-backed support.
Market State Summary
Current regime
Bull Volatile
Confidence: 75%
Why this state?
  • HDX is below SMA50
  • SMA50 is above SMA200
  • SMA50 slope is positive over the last 10 days
  • 30-day return is positive
  • ATR volatility is above the 60th percentile of its trailing 180-day history
Suggested strategy

In the current Bull Volatile regime, the best-fit approach is Follow the trend, but tighten risk control. The broader trend is still bullish, but price swings are wider and less forgiving, so the upside bias remains intact while execution and risk control need to be tighter.

Trend
Bullish
HDX is trading above key moving averages and the medium-term trend is still rising.
Momentum
Neutral
RSI is 44.83, which is neither overbought nor oversold.
Volatility
Volatile
HDX ATR volatility is above the 60th percentile of its trailing 180-day history.
Key Levels
Resistance zone
$0.009101 - $0.01211
Active zone
$0.007515 - $0.009044
Support zone
$0.001350 - $0.007431
Chart Patterns
SMA50
SMA100
SMA200
RSI
Neutral
MACD
Bearish
ATR%
Volatile
Volume
Low
Support & Resistance

HydraDX 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
$0.001350 - $0.007431
Resistance zone
$0.009101 - $0.01211
Active zone
$0.007515 - $0.009044
Levels Table
LevelZoneStrength
Support 1$0.001350 - $0.007431
Resistance 1$0.009101 - $0.01211
Resistance 2$0.01220 - $0.01373
Resistance 3$0.01383 - $0.01892
Active 1$0.007515 - $0.009044
Scenario Analysis
Bullish scenario

HDX clears the resistance zone at $0.009101 - $0.01211 and holds above it. That would strengthen the breakout case and shift attention to $0.01220 - $0.01373.

Bearish scenario

HDX loses the support zone at $0.001350 - $0.007431. That would weaken the setup and open the way toward $0.001350 - $0.007431.

Neutral scenario

HDX continues trading between $0.007431 and $0.009101. 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
$0.008195
Bearish
HDX is trading below the 50-day average.
SMA200
$0.004617
Bullish
HDX remains above the long-term trend line.
EMA50
$0.007981
Bullish
HDX is holding above the 50-day exponential average, which supports the recent trend.
EMA200
$0.005855
Bullish
HDX is above the 200-day exponential average, which keeps the longer-term structure constructive.
RSI (14)
44.83
Neutral
RSI (14) is at 44.83, which keeps momentum in a balanced range.
Stoch RSI (14)
25.00
Neutral
Stoch RSI (14) is at 25.00, which suggests momentum is active but not yet extreme.
MACD
-0.0001591
Bearish
MACD is below its signal line.
ATR
14.70%
Volatile
Volatility is above its 180-day median.
VWMA
$0.008366
Bearish
Price is below the volume-weighted average.
Commodity Channel Index (20)
-56.27
Neutral
CCI (20) is at -56.27, which keeps price relatively close to its recent average.
Awesome Oscillator (5, 34)
$-0.0006558
Bearish
Awesome Oscillator is below zero at $-0.0006558, which supports bearish momentum.
Williams Percent Range (14)
-33.60
Neutral
Williams Percent Range (14) is at -33.60, which keeps price in the middle of its recent range.
Bull Bear Power (13)
$-0.0004266
Bearish
Bull Bear Power (13) is negative at $-0.0004266, which suggests sellers are controlling price relative to the EMA baseline.
Ultimate Oscillator (7, 14, 28)
51.54
Neutral
Ultimate Oscillator is at 51.54, which suggests momentum is balanced across its short, medium, and long windows.
Hull Moving Average (9)
$0.008044
Bearish
HDX is trading below the Hull Moving Average (9), which weakens the near-term trend.
Ichimoku Cloud B/L (9, 26, 52, 26)
$0.006730
Bullish
HDX is trading above the Ichimoku base line, which supports bullish structure.
Assets Similar to HydraDX

Over the past 7 days, HydraDX price was most positively correlated with the price of World Liberty Financial (WLFI), Official Trump (TRUMP), Gnosis (GNO), Bitcoin (BTC) and XRP (XRP) and most negatively correlated with the price of Filecoin (FIL), Pyth Network (PYTH), APENFT (NFT), Curve DAO Token (CRV) and Sky (SKY).

Positively Correlated Currencies
NameCorrelation
Image of World Liberty FinancialWorld Liberty Financial0.632
Image of Official TrumpOfficial Trump0.583
Image of GnosisGnosis0.583
Image of BitcoinBitcoin0.576
Image of XRPXRP0.574
Negatively Correlated Currencies
NameCorrelation
Image of FilecoinFilecoin-0.366
Image of Pyth NetworkPyth Network-0.366
Image of APENFTAPENFT-0.332
Image of Curve DAO TokenCurve DAO Token-0.304
Image of SkySky-0.226

HydraDX price is positively correlated with the top 10 coins by market cap with a price of 0.066, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.129. Currencies that are positively correlated with HydraDX 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 HydraDX, a move in one direction for HydraDX 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