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Andrew Tate’s DADDY Has Started to Recover After Reaching a Historic Low

07.08.2024 12:50 1 min. read Alexander Stefanov
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Andrew Tate’s DADDY Has Started to Recover After Reaching a Historic Low

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.

READ MORE:

Analyst Identifies Key Triggers for Crypto Market Recovery

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.

Alexander Stefanov
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With over 8 years of experience in the cryptocurrency and blockchain industry, Alexander is a seasoned content creator and market analyst dedicated to making digital assets more accessible and understandable. He specializes in breaking down complex crypto trends, analyzing market movements, and producing insightful content aimed at educating both newcomers and seasoned investors. Alexander has built a reputation for delivering timely and accurate analysis, while keeping a close eye on regulatory developments, emerging technologies, and macroeconomic trends that shape the future of digital finance. His work is rooted in a passion for innovation and a firm belief that widespread education is key to accelerating global crypto adoption.

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