Image of SHOGGOTH
SHOGGOTHShoggoth
$0.001026
-10.05%
1D

Shoggoth Analysis

Investment Score
A quick view into Shoggoth's investment prospects.
8.1

The asset still looks technically supportive, with multiple signals continuing to back the setup.

What is helping
  • MACD is confirming the current directional bias.
  • Price is holding above the volume-weighted average, which suggests the move still has volume-backed support.
Main risks
  • Stoch RSI is near the upper end of its range, which suggests short-term momentum may be overheated.
  • 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: 95%
Why this state?
  • SHOGGOTH is above SMA50
  • SMA50 is above 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
SHOGGOTH is trading above key moving averages and the medium-term trend is still rising.
Momentum
Neutral
RSI is 58.88, which is neither overbought nor oversold.
Volatility
Quiet
SHOGGOTH ATR volatility is below the 60th percentile of its trailing 180-day history.
Key Levels
Resistance zone
$0.001246 - $0.001475
Support zone
$0.0008433 - $0.001042
Chart Patterns
SMA50
SMA100
SMA200
RSI
Neutral
MACD
Bullish
ATR%
Quiet
Volume
Low
Support & Resistance

Shoggoth 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
$0.0008433 - $0.001042
Resistance zone
$0.001246 - $0.001475
Active zone
--
Levels Table
LevelZoneStrength
Support 1$0.0008433 - $0.001042
Support 2$0.0005679 - $0.0008428
Resistance 1$0.001246 - $0.001475
Resistance 2$0.001530 - $0.001810
Resistance 3$0.002313 - $0.002477
Scenario Analysis
Bullish scenario

SHOGGOTH clears the resistance zone at $0.001246 - $0.001475 and holds above it. That would strengthen the breakout case and shift attention to $0.001530 - $0.001810.

Bearish scenario

SHOGGOTH loses the support zone at $0.0008433 - $0.001042. That would weaken the setup and open the way toward $0.0005679 - $0.0008428.

Neutral scenario

SHOGGOTH continues trading between $0.001042 and $0.001246. 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
$0.0009012
Bullish
SHOGGOTH is trading above the 50-day average.
SMA200
$0.0008267
Bullish
SHOGGOTH remains above the long-term trend line.
EMA50
$0.0009392
Bullish
SHOGGOTH is holding above the 50-day exponential average, which supports the recent trend.
EMA200
$0.001098
Bullish
SHOGGOTH is above the 200-day exponential average, which keeps the longer-term structure constructive.
RSI (14)
58.88
Neutral
RSI (14) is at 58.88, which keeps momentum in a balanced range.
Stoch RSI (14)
96.33
Overbought
Stoch RSI (14) is high at 96.33, which shows momentum is pressing near its recent upper extreme.
MACD
0.00004298
Bullish
MACD is above its signal line.
ATR
7.29%
Quiet
Volatility is below its 180-day median.
VWMA
$0.001105
Bullish
Price is above the volume-weighted average.
Commodity Channel Index (20)
58.24
Neutral
CCI (20) is at 58.24, which keeps price relatively close to its recent average.
Awesome Oscillator (5, 34)
$0.00005541
Bullish
Awesome Oscillator is above zero at $0.00005541, which supports bullish momentum.
Williams Percent Range (14)
-13.07
Overbought
Williams Percent Range (14) is near the top of its recent range at -13.07.
Bull Bear Power (13)
$0.00009589
Bullish
Bull Bear Power (13) is positive at $0.00009589, which suggests buyers are controlling price relative to the EMA baseline.
Ultimate Oscillator (7, 14, 28)
57.65
Neutral
Ultimate Oscillator is at 57.65, which suggests momentum is balanced across its short, medium, and long windows.
Hull Moving Average (9)
$0.001139
Bullish
SHOGGOTH is trading above the Hull Moving Average (9), which supports the near-term trend.
Ichimoku Cloud B/L (9, 26, 52, 26)
$0.001095
Bullish
SHOGGOTH is trading above the Ichimoku base line, which supports bullish structure.
Assets Similar to Shoggoth

Over the past 7 days, Shoggoth price was most positively correlated with the price of Curve DAO Token (CRV), Venice Token (VVV), Pepe Coin (PEPE), Binance Coin (BNB) and JUST (JST) and most negatively correlated with the price of World Liberty Financial (WLFI), TRON (TRX), Beldex (BDX), Kaia (KAIA) and Sun Token (SUN).

Positively Correlated Currencies
NameCorrelation
Image of Curve DAO TokenCurve DAO Token0.819
Image of Venice TokenVenice Token0.814
Image of Pepe CoinPepe Coin0.809
Image of Binance CoinBinance Coin0.802
Image of JUSTJUST0.784
Negatively Correlated Currencies
NameCorrelation
Image of World Liberty FinancialWorld Liberty Financial-0.672
Image of TRONTRON-0.614
Image of BeldexBeldex-0.580
Image of KaiaKaia-0.509
Image of Sun TokenSun Token-0.422

Shoggoth price is positively correlated with the top 10 coins by market cap with a price of 0.164, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.232. Currencies that are positively correlated with Shoggoth 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 Shoggoth, a move in one direction for Shoggoth would translate into a move in the opposite direction for the negatively correlated coin.

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