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Is DeFi Degen Land (DDL) Heading the Wrong Direction Saturday?

Saturday, January 01, 2022 02:55 PM | InvestorsObserver Analysts
Is DeFi Degen Land (DDL) Heading the Wrong Direction Saturday?

DeFi Degen Land receives a strong short-term technical score of 98 from InvestorsObserver analysis. Our proprietary scoring system considers the recent trading patterns of the token by looking at the price movement to determine if it is trending in the right direction. DDL holds a better recent technical analysis than 98% of tokens at its current price. Investors who are focused on short-term growth and looking for hot and trendy coins will find the Short-Term Rank especially relevant when allocating their assets.

Short-Term Technical - 98
InvestorsObserver is giving DeFi Degen Land a 98 Short-Term Technical Rank. Find out what this means to you and get the rest of the rankings on DeFi Degen Land!

Trading Analysis

DDL is currently $0.000037 (392.32%) above its 30-day low of $0.000009461 and -$0.000014 (-22.84%) below its 30-day high of $0.00006037. Additionally, DDL is above its average price of $0.000026872 over the past month of trading with its current price of $0.000046581. Overall, the recent trading history of DeFi Degen Land suggest that traders are currently bullish on the token. DDL has a average market cap compared to the majority of tokens with a total market value of $6,987,090.05. The market valuation for DeFi Degen Land is relatively average due to the largest 100 cryptos having a market cap above $1 billion and DDL sits underneath that mark but remains above $100 million in market capilization. DeFi Degen Land's average volume is average as $1,493,214.47 worth of the token is typically traded over a 24 hour period. The volume for DDL is relatively average as the most traded 100 cryptos have roughly $100 million worth of the crypto exchanged over a 24 hour period and a large portion of the market trades at least $5 million worth each day. Over the past 24 hours DDL's volume is below its average with $203,528.33 exchanged.


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

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