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Possible bearish downtrend on Dragonchain Downside
Dragonchain's price has performed poorly over the past weeks. Buying DRGN at this time may lead to loss of capital.
| DRGN Price | $0.0062 USD |
| Price Change 24hours | $-0.0003 USD (-4.02%) |
| 24h Low / 24h High | $0.0060 / $0.0614 USD |
| Trading Volume 24hours | $1,208,035 USD |
| Market Cap | $2,692,001 USD |
Dragonchain Analysis
1. Dragonchain simplifies the integration of real business applications onto a blockchain and provides features such as easy integration, protection of business data and operations, currency agnosticism, and multi-currency support.The Dragonchain Foundation, a Non-Profit Corporation was created in January of 2017 to maintain ownership and responsibility of the open source code.
2. The timing of the Dragonchain platform launch is highly strategic to benefit from explosive growth of cloud computing over the last few years and the emerging wave of Blockchain solutions entering proof of concept stage across enterprises.
3. The Dragonchain team is now in the process of launching a commercial entity to build a serverless architecture blockchain platform, and an incubator.
4. Dragonchain was originally developed at Disney’s Seattle office in 2015 and 2016 as the Disney Private Blockchain Platform.
5. The platform was later released as open 2 source software under the Apache 2 license in October of 2016.
6. Over 20 use cases and applications were explored and documented 1 publicly via the W3C Blockchain Community Group .
7. The combination of serverless and blockchain technologies is unique and tremendously valuable.
8. Want to invest in Dragonchain? you may also like other coins like Cryptonex; Santiment; P2P Solutions Foundation; Aventus; Everex; yearn.finance; Polymath Network; Infinity Economics; Cobinhood; BitCOEN;
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Future price prediction
| Date | Price | Possible movement |
|---|---|---|
| Apr 18, 2024 | $0.0614 | Neutral |
| May, 2024 | $ 0.0063 USD | Downside |
| June, 2024 | $ 0.0115 USD | Downside |
| July, 2024 | $ 0.0145 USD | Downside |
| October, 2024 | $ 0.0116 USD | Downside |
| April, 2025 | $ 0.0200 USD | Downside |
DRGN Crypto Price Forecast: Frequently Asked Questions
| Question | Answer |
|---|---|
| What will be the highest price of Dragonchain (DRGN) in future? | Our analysis shows Dragonchain is already past it's immediate all time high, indicating a bearish signal! |
| Will Dragonchain (DRGN) price increase in future? | No. Our algorithms indicate that Dragonchain (DRGN) will experience a significant decline in future. As low as $0.0200/DRGN |
| Will an Investment in Dragonchain (DRGN) be profitable or make a loss? | Probably Loss making. |
| What will be the lowest price of Dragonchain (DRGN) in future? | $0.0200 USD |
| Will the price of Dragonchain (DRGN) move downward in future? | Down only |
| At the end of the year, what will be the price of 1 Dragonchain? | Our analysis shows an end of year prognosis of 1DRGN = $0.0200 USD. |
| Where do I buy Dragonchain? | We have curated some great options. Buy DRGN coin here → |
Historical Price Data (USD)
Poor volume like DRGN could be an indication of short term bearishness.
| Date | Price | Volume |
|---|---|---|
| April 21, 2023 | $0.006218 | $3,199 |
| April 20, 2023 | $0.006255 | $3,421 |
| April 19, 2023 | $0.00646 | $3,803 |
| April 18, 2023 | $0.006622 | $5,331 |
| April 17, 2023 | $0.007145 | $4,532 |
| April 16, 2023 | $0.006152 | $4,055 |
| April 15, 2023 | $0.006074 | $3,378 |
| April 14, 2023 | $0.006162 | $3,609 |
| April 13, 2023 | $0.007004 | $3,107 |
| April 12, 2023 | $0.006715 | $3,452 |
| April 11, 2023 | $0.007224 | $3,350 |
| April 10, 2023 | $0.006174 | $3,758 |
| April 9, 2023 | $0.00592 | $3,351 |
| April 8, 2023 | $0.006023 | $3,200 |
| April 7, 2023 | $0.006331 | $3,548 |
| April 6, 2023 | $0.00634 | $877 |
| April 5, 2023 | $0.006457 | $2,465 |
| April 4, 2023 | $0.006737 | $3,203 |
| April 3, 2023 | $0.007039 | $4,317 |
| April 2, 2023 | $0.007432 | $3,242 |
| April 1, 2023 | $0.007198 | $4,508 |
| March 31, 2023 | $0.00714 | $3,263 |
| March 30, 2023 | $0.006959 | $3,267 |
| March 29, 2023 | $0.007644 | $3,553 |
| March 28, 2023 | $0.008993 | $38,345 |
| March 27, 2023 | $0.01184 | $28,895 |
| March 26, 2023 | $0.01219 | $5,355 |
| March 25, 2023 | $0.01207 | $5,588 |
| March 24, 2023 | $0.01139 | $11,370 |
| March 23, 2023 | $0.01167 | $6,085 |
Steps to buy Dragonchain (DRGN) in 2024
- Buy DRGN with USD: Purchase DRGN with USD on the following exchanges: Bitfinex, .
Alternatively, - Buy Bitcoin directly on Coinbase, Binance or Paypal
- Send the BTC to an Exchange that supports DRGN/BTC pair. You can buy DRGN with Bitcoin at Gateio, Kucoin, BitTrex, HitBTC, Kucoin, fatbtc, .
- Now, Buy Dragonchain with BTC: Below is a detailed breakdown of exchanges that support Dragonchain and their trading.
Exchanges that support DRGN/USD Pair
| Exchange | Trade Pair | Rating |
|---|---|---|
| Bitfinex | DRGN/USD | A |
Exchanges that trade DRGN/BTC Pairs
| Exchange | Trade Pair | Rating |
|---|---|---|
| BitTrex | DRGN/BTC | A |
| HitBTC | DRGN/BTC | B |
| Kucoin | DRGN/BTC | B |
| fatbtc | DRGN/BTC | D |
Exchanges that allow DRGN/BTC trading
| Exchange | Trade Pair | Exchange Grade |
|---|---|---|
| Gateio | DRGN/ETH | B |
| Kucoin | DRGN/ETH | B |
