DeFi Degen Land (DDL) Falls 0.3%, Underperforms the Crypto Market Thursday

Thursday, June 16, 2022 09:00 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 Thursday, the crypto has lost 29.97% to $0.0000004397297934.

InvestorsObserver is giving DeFi Degen Land a 89 Volatility Rank. Find out what this means to you and get the rest of the rankings on DeFi Degen Land!

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Highly Volatile

InvestorsObserver gives DeFi Degen Land a high volatility rank of 89, placing it in the top 11% of cryptos on the market.

The Volatility Gauge tracks which means that one day won't define its volatility rank - a trend will. DDL's high volatility reading is paired 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 at $0.000000276951968512922 and resistance at $0.00000055679163639562. This leaves DeFi Degen Land with room to run before facing selling pressures.