On Monday, Andrew Tate's cryptocurrency Daddy Tate (DADDY) hit a record low of around $0.048, but it still made a remarkable recovery, rising over 70% in just two days.
Despite this recovery, the DADDY cryptocurrency meme remains just under 70% below its June peak.
DADDY is currently attempting to hold its value above the $0.073 retracement level, trading for $0.0878 at the time of writing. This key level is derived from the high of $0.288 to the recent low.
The coin is now showing signs of starting a steady uptrend. Nevertheless, it faces a significant hurdle at the $0.095 level.
If it fails to overcome this hurdle, the price could fluctuate between $0.095 and $0.073. If it falls below $0.073, the emerging recovery could quickly stall.
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