Analysis for DFL/USD

11 thg 12, 2021

Given that the game is still in beta testing it seems that the price has been moving down along with the general bearish market, however as it seems charts have formed a bearish flag and as the theory says when it breaks down it will go down (most of the time) at least the size of it's flagpole which means that DFL is going to reach 14.64 area marked by a horizontal line before bears start accumulating, however when the price reaches that price we will have to watch the price closely as it can continue further down, given that the Open beta of DefiLand is going out in 3 weeks it seems unlikely that this is going any further as more players will be joining to test the game.