Image of BTCDRAGON
BTCDRAGONBTC Dragon
$0.0₆2303
-0.95%
1D

BTC Dragon Analysis

Investment Score
A quick view into BTC Dragon's investment prospects.
2.8

The current setup is weak or too risky to treat as an attractive buy right now.

What is helping
  • Value Area Re-test: Price is trading below the lower Bollinger Band, historically a mean-reversion opportunity when broader trend support holds.
  • Price is trading above the Hull Moving Average (9), which keeps the near-term trend supportive.
Main risks
  • Price is too close to resistance relative to nearby support.
  • The higher-timeframe trend is still working against fresh longs.
Market State Summary
Current regime
Bear Quiet
Confidence: 91%
Why this state?
  • BTCDRAGON is below SMA50
  • SMA50 is below SMA200
  • SMA50 slope is negative over the last 10 days
  • 30-day return is negative
  • ATR volatility is below the 60th percentile of its trailing 180-day history
Suggested strategy

In the current Bear Quiet regime, the best-fit approach is Stay defensive and wait for confirmation. The market is weak without panic-level volatility, which usually argues for staying defensive, avoiding aggressive entries, and waiting for clearer evidence of a reversal.

Trend
Bearish
BTCDRAGON is trading below key moving averages and the medium-term trend is still weakening.
Momentum
Oversold
RSI is 28.56, which points to stretched downside momentum.
Volatility
Quiet
BTCDRAGON ATR volatility is below the 60th percentile of its trailing 180-day history.
Key Levels
Resistance zone
$0.0₆2628 - $0.0₆2795
Support zone
$0.0₇7126 - $0.0₆1192
Chart Patterns
SMA50
SMA100
SMA200
RSI
Oversold
MACD
Bearish
ATR%
Quiet
Volume
Low
Support & Resistance

BTC Dragon 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
$0.0₇7126 - $0.0₆1192
Resistance zone
$0.0₆2628 - $0.0₆2795
Active zone
--
Levels Table
LevelZoneStrength
Support 1$0.0₇7126 - $0.0₆1192
Resistance 1$0.0₆2628 - $0.0₆2795
Resistance 2$0.0₆3057 - $0.0₆3236
Resistance 3$0.0₆3277 - $0.0₆3444
Resistance 4$0.0₆3455 - $0.0₆3725
Scenario Analysis
Bullish scenario

BTCDRAGON clears the resistance zone at $0.0₆2628 - $0.0₆2795 and holds above it. That would strengthen the breakout case and shift attention to $0.0₆3057 - $0.0₆3236.

Bearish scenario

BTCDRAGON loses the support zone at $0.0₇7126 - $0.0₆1192. That would weaken the setup and open the way toward $0.0₇7126 - $0.0₆1192.

Neutral scenario

BTCDRAGON continues trading between $0.0₆1192 and $0.0₆2628. 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
$0.0₆2964
Bearish
BTCDRAGON is trading below the 50-day average.
SMA200
$0.0₆3482
Bearish
BTCDRAGON remains below the long-term trend line.
EMA50
$0.0₆2898
Bearish
BTCDRAGON is trading below the 50-day exponential average, which weakens the recent trend.
EMA200
$0.0₆3021
Bearish
BTCDRAGON is below the 200-day exponential average, which keeps the longer-term structure under pressure.
RSI (14)
28.56
Oversold
RSI (14) is depressed at 28.56, which suggests downside momentum may be getting exhausted.
Stoch RSI (14)
0.00
Oversold
Stoch RSI (14) is low at 0.00, which shows momentum is pressing near its recent lower extreme.
MACD
-1.387e-8
Bearish
MACD is below its signal line.
ATR
7.20%
Quiet
Volatility is below its 180-day median.
VWMA
$0.0₆2779
Bearish
Price is below the volume-weighted average.
Commodity Channel Index (20)
-207.55
Bearish
CCI (20) is weak at -207.55, which shows price is trading well below its recent average.
Awesome Oscillator (5, 34)
$-3.700e-8
Bearish
Awesome Oscillator is below zero at $-3.700e-8, which supports bearish momentum.
Williams Percent Range (14)
-96.30
Oversold
Williams Percent Range (14) is near the bottom of its recent range at -96.30.
Bull Bear Power (13)
$-3.111e-8
Bearish
Bull Bear Power (13) is negative at $-3.111e-8, which suggests sellers are controlling price relative to the EMA baseline.
Ultimate Oscillator (7, 14, 28)
26.95
Oversold
Ultimate Oscillator is weak at 26.95, which suggests multi-timeframe downside momentum may be stretched.
Hull Moving Average (9)
$0.0₆2278
Bullish
BTCDRAGON is trading above the Hull Moving Average (9), which supports the near-term trend.
Ichimoku Cloud B/L (9, 26, 52, 26)
$0.0₆2717
Bearish
BTCDRAGON is trading below the Ichimoku base line, which points to weaker structure.
Assets Similar to BTC Dragon

Over the past 7 days, BTC Dragon price was most positively correlated with the price of Decred (DCR), Quant (QNT), Aave (AAVE), Raydium (RAY) and Jupiter (JUP) and most negatively correlated with the price of Basic Attention Token (BAT), LEO Token (LEO), Beldex (BDX), Stacks (STX) and Injective (INJ).

Positively Correlated Currencies
NameCorrelation
Image of DecredDecred0.934
Image of QuantQuant0.906
Image of AaveAave0.858
Image of RaydiumRaydium0.851
Image of JupiterJupiter0.851
Negatively Correlated Currencies
NameCorrelation
Image of Basic Attention TokenBasic Attention Token-0.856
Image of LEO TokenLEO Token-0.756
Image of BeldexBeldex-0.727
Image of StacksStacks-0.695
Image of InjectiveInjective-0.611

BTC Dragon price is positively correlated with the top 10 coins by market cap with a price of 0.190, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.338. Currencies that are positively correlated with BTC Dragon 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 BTC Dragon, a move in one direction for BTC Dragon would translate into a move in the opposite direction for the negatively correlated coin.

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