DERO is extremely undervalued.DERO a homomorphic encrypted blockchain with secure and private smart contracts is truly one of it's kind.
With a fast 18 second block time, being a layer 1 private decentralized application platform with instant syncing and fast transactions DERO is extremely undervalued.
The blockchain is relatively new and is in it's alpha stage which means there will be lots of future development coming.
Recently TELA is launched, TELA enables the secure and decentralized storage of application files on DERO's blockchain using smart contracts.
This makes the DERO protocol capable of hosting true WEB3.0 decentralized webApps.
Welcome to the future!
DEROUSDT
DERO RisingDero is a privacy-focused cryptocurrency that aims to provide fast, secure and anonymous transactions utilizing innovative blockchain technologies. The focus is on enhanced Privacy and Smart Contracts while maintaining the transparency and security of the blockchain. DERO is the first crypto project to combine a Proof of Work blockchain with a DAG block structure and fully anonymous transactions based on Homomorphic Encryption.
DERO will be the first Homomorphic Encryption based blockchain to have smart contracts on its native chain without any extra layers or secondary blockchains. At present DERO has Smart Contracts on old CryptoNote protocol testnet. For a closer look at the salient features of the DERO project: github.com
Price Action: DERO hit a recent low of $3.75 on 10 March and surged 154% in the following weeks to hit a 2023 high of $9.54. It has now retraced 26% since then and has found support around the 50 day Simple Moving Average (SMA) ie. $7.11
This could be an interesting time to accumulate DERO for the next bull-run.
$DERO / USD - 1W Lock It Up$DERO Targeting 19.10 by June 2023. Probably in the top 10 privacy tokens of it's class.
DERO/USD +70% Long potential+70% possibility is just in short term if BTC allows it.
DERO/BTC is very strong too
This project is unique and will be big.
If we close daily over 4$ I´m gonna buy even more..
TP levels in chart, entry now!
I`m not professional trader, I am not responsible if you trade this and lose your money!
DERO Could Pump From Here Greetings everyone!
This is my first idea to publish. Correct me if I am wrong but it seems to me Dero is looking at a nice move up. But first it will retrace as it shows on my chart.
It had a heavy pump last year, plus the project is amazing in my opinion.
Not financial advise trade at your own risk.
DEROlet's see how these levels play out of the following years. I am macro bullish on this coin and think it can really be big for defi and smart contract platforms due to its built in mandatory privacy.
DEROUSDT 1d 12hr 4hr 2hrDero has made an amazing run recently and is now starting to look overbought. Starting off with the daily, we see the stochastic RSI already topped out at 100. we may linger there for awhile, but it is not sustainable. It needs to cool off and we see the MACD and RSI agreeing - both are starting to flatten out or turn down. We are also at the top of the Bollinger band.
Turning to the 12hr, same thing, but the trend has already started to shift down. It is faster so it is more sensitive, but we can see that the bull run is over for now.
On the 4hr, we see that the final wick above the Bollinger band started the down trend into the middle Bollinger band. MACD has crossed into death cross territory with this candle and RSI is coming down from overbought territory.
On the 2hr, we see a Bollinger band squeeze starting with price now below the middle band. MACD and RSI are trending down, it could start the trend explosion to the downside.
DEROUSDTAs indicated i tend to see a repetition in price behavior.
DERO is a general purpose, private, and scalable decentralized application platform that allows developers to deploy powerful and unstoppable applications, while users retain total control over their assets with complete privacy.
Dero 150% up against Monero since july 2019Dero 150% up against Monero since july 2019
- Monero 😍
- Haven 😍
- Dero 😍
- Pirate chain 😍
Just good things in life.
DEROUSDT `` PUMPIt should be sweet
Money management important.
If pump doesn't happen before BTC reach 52.3k.
Re-evaluate trade set-up.
Dero (DERO)Hi everyone,
This is my description:
Purple Lines: Support & Resistance (for a week) “VERY IMPORTANT”
Blue Lines: Support & Resistance (for a day) “IMPORTANT”
Orange Lines: Support & Resistance (for a 4H)
Thanks for your attention.
**IF YOU WANT ME TO ANALLYSIS ANY OTHER CRYPTOS, PLEASE COMMENT THE NAME OF IT FOR ME**
DERO - currently in my top10 list.... We entered this back in 2020, rock bottom prices, but the last entry i shared on trading view was insane... as we caught a potential pump and dump (labelled by public) for me was a breakout run, then a long retracment due to lack of volume . The crypto vigilante subscription shilled it up weeks before they released this 'report release' - then when they released it everyone fomo'd in... I shared the trade set up a day or two before this happened due to the spike in price mark up, in fact we were well early!
So moving forwards we can see a move away form the 78.6% retracment level from that exact move, and we are back at a peak, so is maybe about removing risk, or awaiting the breakout to trade this beast.
DERO - Keep your eyes peeled...DERO: The Private smart contract platform... Looking good to accumulate here now we have pushed higher...Will be following the Green channel upwards and upon the break of the red channel, we go large!