InvestorsObserver
×
News Home

DeFi Degen Land (DDL) What Does the Chart Say Saturday?

Saturday, February 19, 2022 06:06 PM | InvestorsObserver Analysts
DeFi Degen Land (DDL) What Does the Chart Say Saturday?

DeFi Degen Land receives a weak short-term technical ranking of 1 from InvestorsObserver data analysis. The proprietary ranking system focuses on the recent trading patters over the past month to determine the strength of its short-term technicals. DDL has a superior recent technical analysis than 1% of tokens based on these trading metrics. Investors primarily focused on shorter term investment strategies will find this technical analysis most relevant to their goals when determining whether to invest in a particular crypto.

Short-Term Technical - 1
InvestorsObserver is giving DeFi Degen Land a 1 Short-Term Technical Rank. Find out what this means to you and get the rest of the rankings on DeFi Degen Land!

Trading Analysis

DeFi Degen Land is $0.000000 (0.00%) higher than its 30-day low price of $0.000002222 while also -$0.000042 (-95.02%) lower than its high of $0.00004464 from the past month of trading. Meanwhile, DDL's current price of $0.000002222 is under its average price of $0.000023902 set over the past month of trading, leading to a weak short-term technical score. In summation, the recent trading history of DeFi Degen Land suggest that traders are currently bearish on the token.
DDL has a low market cap compared to the majority of tokens with a total market value of $333,269.76. DeFi Degen Land's relatively low market value comes as it sits under $100 million while the top 100 cryptos remain above $1 billion in market cap and the top 500 sit above $100 million. DeFi Degen Land's average volume is low as $3,109,898.68 worth of the token is typically traded over a 24 hour period. DDL's volume is relatively low as the most traded 100 cryptos typically have $100 million exchanged each day and smaller cryptos tend to sit under $5 million traded over 24 hours. Over the past 24 hours DDL's volume is below its average with $483,989.58 exchanged.

Summary

DeFi Degen Land's price movement over the past month has led to a a weak short-term technical score due to recent trading giving more bearish signals for traders on the token's short-term movement. Click Here to get the full Report on DeFi Degen Land (DDL).

You May Also Like

Get the InvestorsObserver App

InvestorsObserver App
iOS App Android App