Downloading...
Download

Dero

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!
Long
by LisboaGrande
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.
DLong
by rzinho
DERO outlookHere we can see an ascending wedge and a head and shoulders pattern. At this moment we can also see that the price action is currently retesting the parallel channel and wedge. All options in this charts are still valid while it still can go both ways. If the parallel channel gets broken, close above and an impulsive move up, off course retrace lvls. are invalidated. If we will see a move down to the retrace lvls, the projection, expansion and extension lvls. for exiting probably will need some slight adjusting. Either way... no decisive moves as of yet. A little explanation on the projection lvls. downwards. A textbook head and shoulders downwards projection would be from head to neckline, now I have seen numerous variations on them, for example the same distance from head to neckline taken from the top right shoulder downwards. In some instances the length would be cut in half due to choppy price action and wicks. 1 to 3 are the more realistic buy-ins and 4 to 7 are the more highly likely lvls.! However this will pan out, we have several options to tackle this one, so choose one or two and be covered either way ;) Happy trading.
DLong
by rarekind
DERO ThesisMy previous post " dero will melt faces " was a little too hasty and I missed this pattern in the charts. We are approaching what I comically call a "gigapump." Dero is a privacy Layer 1 Smart chain that is going to absolutely take over the Dex/Swap industry. It has legal and illegal use-cases that are infinite. The current outlook is super bullish with the only possible roadblock being delays in the mainnet launch. Dero has a "build it and they will come" strategy. You will not see any marketing until the mainnet launches and by then it is too late. This is a 2-6 year play. Good luck! www.dero.io
DLong
by UltimateKnowledge
4
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.
DLong
by E9XBT