Lokesh Gupta
06-02-2024
DojoSwap is a decentralized exchange (DEX) platform launched in 2023, with its official launch in January 2024.
Since its launch, DojoSwap has witnessed notable price fluctuations.
Recently, DOJO experienced significant volatility, reaching an all-time high of $0.4088 on Feb 05, 2024.
After reaching a new high, the token faced resistance and retraced, declining approximately 8% from its peak.
Despite recent price surges indicating potential buying pressure, the sustainability of this movement remains uncertain.
As per Coingabbar's analysis, If DOJO Swap breaches the $0.4100 levels, the next resistance levels would be around $0.7500, followed by $1.5000.
KEY LEVELS :
RESISTANCE LEVEL : $0.7500-$1.5000
SUPPORT LEVEL : $0.3000-$0.1000
Disclaimer: Coingabbar's guidance and chart analysis on cryptocurrencies, NFTs, or any other decentralized investments is for informational purposes only. None of it is financial advice. Users are strongly advised to conduct their research, exercise judgement, and be aware of the inherent risks associated with any financial instruments. Coingabbar is not liable for any financial losses. Cryptocurrency and NFT markets could be highly volatile; users should consult financial professionals and assess their risk tolerance before investing.
Lokesh Gupta is a seasoned financial expert with 23 years of experience in Forex, Comex, NSE, MCX, NCDEX, and cryptocurrency markets. Investors have trusted his technical analysis skills so they may negotiate market swings and make wise investment selections. Lokesh merges his deep understanding of the market with his enthusiasm for teaching in his role as Content & Research Lead, producing informative pieces that give investors a leg up. In both conventional and cryptocurrency markets, he is a reliable adviser because of his strategic direction and ability to examine intricate market movements. Dedicated to study, market analysis, and investor education, Lokesh keeps abreast of the always-changing financial scene. His accurate and well-researched observations provide traders and investors with the tools they need to thrive in ever-changing market conditions.
Lokesh Gupta is a seasoned financial expert with 23 years of experience in Forex, Comex, NSE, MCX, NCDEX, and cryptocurrency markets. Investors have trusted his technical analysis skills so they may negotiate market swings and make wise investment selections. Lokesh merges his deep understanding of the market with his enthusiasm for teaching in his role as Content & Research Lead, producing informative pieces that give investors a leg up. In both conventional and cryptocurrency markets, he is a reliable adviser because of his strategic direction and ability to examine intricate market movements. Dedicated to study, market analysis, and investor education, Lokesh keeps abreast of the always-changing financial scene. His accurate and well-researched observations provide traders and investors with the tools they need to thrive in ever-changing market conditions.
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