What do the Long-Term Technicals Predict for DeFi Degen Land (DDL) Saturday?
DeFi Degen Land receives an average long-term technical score of 45 from InvestorsObserver analysis. Our proprietary scoring system considers the trading patterns over the past several months to a year by analyzing the token’s consistency, volatility, and where it is relative to long-term averages to determine whether it’s a strong buy-and-hold investment opportunity.
Currently, DDL holds a superior long-term technical analysis score than 45% of crytpocurrencies. Long-term investors employing a buy-and-hold strategy will find the Long-Term Rank especially relevant when allocating their assets and may find additional value finding cyptos with a high short-term technical score to discover tokens that have bottomed out.
Trading Analysis
DeFi Degen Land’s price is $0.0000000 (6.79%) above its 100-day moving average price of $0.000000153 as its price at the moment sits at $0.000000163. Additionally, DDL is $0.0000001 (-15715008387.91%) higher than its 52-week low price of $0.000000070 while -$0.00002826 (-35180323.24%) under its 52-week high of $0.000028425. The current trading price in relation to its long-term average along with its 52-week high and low, gives DDL an average long-term technical score of 45. Long-term trading movement of DeFi Degen Land suggest that investors are bearish on the token at the moment.
DeFi Degen Land has a market capitalization of $24,461.36 and a relatively low average daily volume with $582.26 worth of the currency traded over the typical 24 hour period. Over the last 24 hours, DDL’s volume is below its seven day average with 82.55 exchanged.
Summary
Technical analysis of DeFi Degen Land over the past year results in the crypto receiving a an average long-term technical score of 45 as its price movement in that time has given traders reason to be bearish on the token in the long-term.