DeFi Degen Land (DDL) Down 0.45% Tuesday: What's Next?

Tuesday, April 04, 2023 08:29 AM | InvestorsObserver Analysts

DeFi Degen Land (DDL) has been relatively more volatile than the crypto market according to a recent analysis of the market. So far Tuesday, the crypto has lost 44.69% to $0.00000009001688409.

InvestorsObserver is giving DeFi Degen Land a 86 Volatility Rank. Find out what this means to you and get the rest of the rankings on DeFi Degen Land!

Highly Volatile

InvestorsObserver gives DeFi Degen Land a high volatility rank of 86, placing it in the top 14% of cryptos on the market.

The Volatility Gauge follows which means that one day won't define its volatility rank - a trend will. DDL's high volatility reading is coupled with a low reading on the Risk/Reward Gauge, meaning that the token has relatively wide price swings and is well protected from price manipulation.

DeFi Degen Land price is well positioned going forward. With support near $0.0000000467757736975314 and resistance set at $0.000000120874403152042. This leaves DeFi Degen Land with room to run before facing selling pressures.

What is a Token?

Tokens are digital assets that exist on another cryptocurrency's blockchain.

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