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Is DeFi Degen Land (DDL) Trending Lower or Higher Saturday?
Saturday, January 15, 2022 06:29 PM | InvestorsObserver Analysts
DeFi Degen Land receives a strong short-term technical ranking of 86 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 86% 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.
InvestorsObserver is giving DeFi Degen Land a 86 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 $0.000029 (288.71%) above its 30-day low of $0.000009875 and -$0.000008 (-18.01%) below its 30-day high of $0.00004681. Additionally, DDL is above its average price of $0.000026138 over the past month of trading with its current price of $0.000038383. Overall, the recent trading history of DeFi Degen Land suggest that traders are currently bullish on the token.
DDL has a relatively average market cap for a token with a total market value of $5,757,500.90. 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 meanwhile is average with $7,866,141.95 worth of the token traded over a typical 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. As of the past 24 hours, DDL's volume is below its average with $1,160,353.59 exchanged.
Summary
DeFi Degen Land's trading over the past 30 days leads to its a strong short-term technical score due to recent price movement suggesting more bullish signals for traders on the token in the near future.
Click Here to get the full Report on DeFi Degen Land (DDL).
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