Latest DeepNode (DN) Price Analysis

By CMC AI
03 February 2026 06:06PM (UTC+0)

Why is DN’s price down today? (03/02/2026)

TLDR

DeepNode (DN) fell 2.25% over the past 24h, extending its 13.3% weekly decline amid weak market sentiment. Key drivers include:

  1. Broader Market Drag – Crypto market cap dropped 4.47%, amplifying DN’s losses

  2. Low Volume Liquidity – Trading volume fell 17.5%, worsening price slippage

  3. Oversold Technicals – RSI7 at 17.8 signaled exhaustion but failed to trigger rebound

Deep Dive

1. Market Downturn (Bearish Impact)

Overview: Global crypto market cap fell 4.47% amid "Extreme Fear" sentiment (index: 17), pressuring altcoins like DN. Bitcoin dominance rose to 58.95%, signaling capital rotation away from riskier assets (CoinMarketCap).
What this means: DN’s correlation with macro trends intensified during market stress, with altcoins typically underperforming Bitcoin in fear-driven environments. The token’s 2.25% drop was milder than the sector average (-4.47%), suggesting partial resilience.

2. Weak Volume Profile (Bearish Impact)

Overview: DN’s 24h volume dropped 17.5% to $2.81M, while its turnover ratio (volume/market cap) sits at 0.84 – below the 1.0 liquidity threshold.
What this means: Thin order books magnified sell orders, creating disproportionate price impacts. Low turnover indicates fragile market depth, where even moderate trades can trigger outsized moves.

3. Oversold Technicals (Mixed Impact)

Overview: DN’s RSI7 hit 17.8 and RSI14 at 9.9 – extreme oversold levels not seen since January 2026’s exchange listings.
What this means: While typically signaling rebound potential, the lack of recovery suggests persistent selling pressure overpowered technical signals. The 7-day SMA resistance at $0.159 remains key overhead.
What to look out for: Sustained closes above $0.155 to confirm buyer conviction.

Conclusion

DN’s decline reflects crypto-wide risk aversion compounded by thin liquidity, despite oversold technicals signaling potential exhaustion. Key watch: Can DN stabilize if market sentiment improves from "Extreme Fear"?

Why is DN’s price up today? (02/02/2026)

TLDR

DeepNode (DN) rose 5.85% over the last 24h, outperforming the broader crypto market (+2.02%). This follows a 30-day decline of 88.91%. Key drivers include:

  1. Exchange Momentum – New listings expanded trading access.

  2. Technical Rebound – Oversold conditions triggered buying.

  3. Ecosystem Growth – Validators and staking went live.

Deep Dive

1. Exchange Listings (Bullish Impact)

Overview: Toobit listed DN for spot trading on February 1, 2026 (Toobit-for-spot-trading)), following earlier listings on Gate, Bitget, MEXC, and KuCoin in January. This expanded DN's accessibility to new trader pools.
What this means: New exchange listings typically increase liquidity and visibility, allowing capital inflows that can lift prices. DN's 24h volume rose 3.39% to $3.44M, confirming heightened interest.

2. Oversold Technical Bounce (Bullish Impact)

Overview: DN's 7-day RSI hit 16.25 before the rally – deep oversold territory (<30). This often precedes short-term rebounds as traders cover positions.
What this means: Technical indicators signaled exhaustion in selling pressure. The bounce aligns with historical patterns where assets rebound after extreme RSI lows, though sustainability depends on follow-through volume.

3. Network Milestones (Bullish Impact)

Overview: On January 12, 2026, DeepNode activated its first validators (WildSage and Rizzo) and launched staking on DIVE (AzuraETH). These steps progressed its decentralized AI infrastructure.
What this means: Functional progress (like staking and validation) can renew investor confidence in utility-driven tokens. DN's liquid staking mechanism (stDN) also incentivizes holding, reducing sell pressure.

Conclusion

The 24h rebound reflects a confluence of technical recovery, expanded market access, and tangible ecosystem progress. However, DN remains 88.91% below its 30-day high, emphasizing cautious optimism.

Key watch: Can DN sustain volume above $3M and hold the $0.15 support level to confirm this reversal?

CMC AI can make mistakes. Not financial advice.