DeFi Degen Land (DDL), Low Volatility but Falling Tuesday: Is it Time to Cash Out?

Tuesday, October 18, 2022 12:21 PM | InvestorsObserver Analysts

DeFi Degen Land (DDL) has been relatively less volatile when compared to other cryptocurrencies. So far Tuesday, the crypto has fallen 30.94% to $0.00000007373834891.

InvestorsObserver is giving DeFi Degen Land a 24 Volatility Rank. Find out what this means to you and get the rest of the rankings on DeFi Degen Land!

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Low Volatility

InvestorsObserver gives DeFi Degen Land a low volatility rank of 24, placing it in the bottom 24% of cryptos on the market.

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

DeFi Degen Land price is well positioned going forward. With support near $0.0000000574142670781283 and resistance near $0.0000000978025322548445. This leaves DeFi Degen Land with room to run before facing selling pressures.