DEGO 12h There are volumes, interest, and price growthDego Finance is an independent, open NFT ecosystem where anyone can issue NFTs, initiate mining, auctions, and trading. It offers a diverse mix of NFT and Decentralized Finance (DeFi) tools.
The project was founded by an anonymous team in 2020 at the beginning of the hype growth of DeFi projects.
Since then, the DEGO (utility token) used to manage the Dego Finance ecosystem has grown in value from $0.50 to almost $35 , a modest x70 growth.
The DEGOUSDT pair price correction began in March 2021 and only in May-June was synchronized with the BTC price movement.
In recent days, trading volumes began to enter the DEGOUSD trading pair (perhaps there is a fundamental news reason for this? Write about it in the comments)
Increased volumes mean increased interest, and increased interest can trigger continued growth.
As of now, there is a possibility of growth in the price of DEGO to the levels of $13.50 and even to $18.50
Local support where buyers will activate buying $9.00-9.50
More global support , where the DEGO price may fall in the future, is in the $6.50 region.
_____________________
Since 2016, we have been analyzing and trading the cryptocurrency market.
We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05% . If we help you to be calmer and richer - help us to be happier :)
DEGOUSDT
DEGO finance we broke down the bottom :(Same as all other Altcoins ! DeGO suffers the brutallity of the DUMP !
where would DEGO go from here ?
if bitcoins keeps on dumping DEGO might go even lower and lower below $1 and even below $0.50 !!
what should you do ? should i sell ? ==> No ! , hold and pray for bitcoin and the whole market recovery ! also if you think DEGO hit the bottom , try to buy more with more money so when it goes back up you can recover your losses faster and get out of that investment and try to invest in a more well known project like ADA or ONE or LINK etc...
new projects that are not well known might fade out in the shadows and may be revived after few years and may die !
Good luck and try to be realistic , no one can know the future , stop listening to youtube people saying DEGO will explode , DEGO will moon etc...
DEGOUSDT - Analysis Hi Traders,
Sharing my Technical Analysis with you. Solely meant to improve my learning curve. Hope you like it.
EngineeringRobo is Bearish for DEGOUSDT at the moment. If you consider BUYING wait for the daily close above the 15.00 area support line
Otherwise, just follow the signals.
Good luck & all the best.
DEGO finance taking a short break before mooning !Because the market is going bananas now , expect DEGO to take a break then it will resume its run toward $22 then higher...
the money flow is crazy in the market now , Whales are buying mid caps and macro caps altcoins and making $$$.
very soon there won't be anymore good mid cap alts to buy for them , they would invest in projects like DEGO , we could see DEGO going all the way up to $50 in a minute ! or could take the long boring way ...
just be patient either way...
Friendly advice : be careful do not buy the top of any other projects , it is really really dangerous time ! shit is pumping and dumping in a minute ! do not throw your money away ! use your brainzzz you are a trader / investor not a gambler !
Dego will pump hard during the next weeks Inverted head and shoulders pattern is clear in a daily timeframe, but before that, we have to do another retest to the first level of fibo, This gives the opportunity to enter in around 13 USD and after that, we are heading up
So be ready for a pullback before shooting upward
DEGO finance reversal divergence detected , to $16 short term !Short term DEGO might go down to $15~$16 area or even lower !
A smart play would be to sell and rebuy back later...
Not a financial advice ! anything can happen in crypto , if you like this content a like and a follow would be appreciated !
DEGO finance $20 soon ?DEGO FINANCE , the struggle toward $20 continues ...
The problem with this project is the lack of volume , if we check the order book we can see the sell orders are waiting to be executed where the buy orders volume isn't enough !
so the bears in this case are dominating , this surpresses the price and as we can see in the chart , we might go sideways for a long while , however i see the target top for now only $20 for a while ...
who knows maybe with some news and better marketing , maybe this project gets more interest !
DEGO finance taking a short break before mooning !DEGO FINANCE , finally we have secured the $14 support level ,
We might consolidate in this area for a while and moon all the way up beyond $30 !
Next Resistance/Support target is $20 !
With such news " BINANCE bringing in NFT marketplace " i can see DEGO exploding all the way to $100 soon keeping in mind DEGO and BINANCE have an ongoing cooperation and partnership !
Let's just hope BTC stays stable or keeps going up , if BTC crashes suddenly all this would be void !
Good Luck !
DEGO finance Reversal incoming ?? $30 today ?After finding the bottom and many users are hopping in DEGO project recently due to many events DEGO team coordinated we can see that the price started to rally back up !
Next support target would be $14 , then we would find a huge resistance @ $20 .
it depends on the hype , we might reach $30 within few days !
PS : DEGO team are donating 100 000 face masks worth = USDT to india to fight against the COVID problem !
i am not indian but a human , i bought more DEGO just to help another family , another kid , another elder in india , every little helps , thank you DEGO !