DeFi Degen Land receives a strong long-term technical score of 80 from InvestorsObserver‘s research based on historical trading patterns. The proprietary scoring system weighs price movement from recent months to a year, analyzes the token’s support and resistance levels, and where it is relative to long-term averages to determine whether it’s a strong buy-and-hold investment opportunity.
DDL currently holds a superior long-term technical analysis score than 80% of cryptos in circulation. This ranking metric is most useful to buy-and-hold type investors looking for strong steady growth when allocating their assets. tokens with a high long and short-term technical score can help indicate assets that have bottomed out, providing investors a chance to ‘buy the dip’.
Trading Analysis
DeFi Degen Land’s price is $0.0000000 (10.48%) above its 100-day moving average price of $0.000000145 as its price at the moment sits at $0.000000160. Additionally, DDL is $0.0000001 (-15715008392.31%) higher than its 52-week low price of $0.000000070 while -$0.00006021 (-16563781.14%) under its 52-week high of $0.000060373. The current trading price in relation to its long-term average along with its 52-week high and low, gives DDL a strong long-term technical score of 80. Long-term trading movement of DeFi Degen Land suggest that investors are neutral on the token at the moment.
Currently, volume and market capitalization data is not available for DDL. The lack of available data is typically a sign of either a new coin or token brought to market or one with extremely low volume and value levels that it is not picked up by leading data providers. No recorded volume or market cap usually correlate with highly volatile coins that may not be the greatest investment choice for the majority of investors. However, those looking for newer cryptos may find tokens such as DeFi Degen Land extra intriguing.
Summary
DDL’s historical trading over the past year gives it a a strong long-term technical score of 80 as its price movement in that time has given investors reason to be neutral on the token in the long-term.
Click Here to get the full Report on DeFi Degen Land (DDL).
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