Decred price prediction

Our price prediction is based on hi-resolution deal analysis from cryptocurrency exchanges. We are collecting and gather statistics to obtain price support levels that show most important zones witch traders want to buy or sell stocks. These buy/sell histograms showed in report combined with current trend analysis can be used to build high probability forecasting of future price trends. It also can be useful to set a price on calculated levels to be sure maximum profit was received.

Disclaimer
Cryptocurrency trading involves substantial risk of loss and is not suitable for every investor. All trading strategies are used at your own risk. This page performs statistical analysis of past data and can be used for assumptions about the future only taking into account the statistical probability

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Decred price levels prediction for next 24 hours

Next 24 hours brief prediction

Price of DCR will be traded in CHANNEL near to $21.22 with $21.939999 as upper border and $18.82 as bottom.

Historic price levels for next 24 hours

These levels are based on local historic minimums and maximums. Weight shows the power of broken trends.
Price Weight(level power) Date of formation
$21.619099 Weight: 11.018 06 Dec 2020
$21.256739 Weight: 12.887 14 Jan 2021
$21.055756 Weight: 36.807 06 Mar 2022
$20.725985 Weight: 6.229 16 Feb 2020
$20.712734 Weight: 6.989 15 Feb 2020
$19.937807 Weight: 14.478 16 Feb 2020
$19.92024 Weight: 15.249 14 Jan 2021
$19.131641 Weight: 15.864 11 Feb 2020
$19.009315 Weight: 6.471 17 Feb 2020
$18.95141 Weight: 8.28 02 Dec 2019

Volume profile price channel in 24 hours range

Edge levels of the price channel based on volume profile report.
Price Description
21.939999 Channel maximum price resist level based on 24 hours movements
18.82 Channel minimum price resist level based on 24 hours movements

Decred price levels prediction for next 7 days

Next 7 days brief prediction

Price of DCR has broken last trend and will FALL from the support level $25.74

Historic price levels for next 7 days

These levels are based on local historic minimums and maximums. Weight shows the power of broken trends.
Price Weight(level power) Date of formation
$25.101374 Weight: 13.348 14 Feb 2020
$22.658077 Weight: 6.974 15 Feb 2020
$21.619099 Weight: 11.018 06 Dec 2020
$21.256739 Weight: 12.887 14 Jan 2021
$21.055756 Weight: 36.807 06 Mar 2022
$20.712734 Weight: 6.989 15 Feb 2020
$19.937807 Weight: 14.478 16 Feb 2020
$19.92024 Weight: 15.249 14 Jan 2021
$19.131641 Weight: 15.864 11 Feb 2020
$18.95141 Weight: 8.28 02 Dec 2019

Volume profile price channel in 7 days range

Edge levels of the price channel based on volume profile report.
Price Description
25.74 Maximum price support level based on 7 days movements

Decred price levels prediction for next 30 days

Next 30 days brief prediction

Price of DCR has broken last trend and will RAISE from the support level $18.48

Historic price levels for next 30 days

These levels are based on local historic minimums and maximums. Weight shows the power of broken trends.
Price Weight(level power) Date of formation
$25.10137367248535 Weight: 13.348 14 Feb 2020
$21.619098663330078 Weight: 11.018 06 Dec 2020
$21.256738662719727 Weight: 12.887 14 Jan 2021
$21.055755615234375 Weight: 36.808 06 Mar 2022
$19.937807083129883 Weight: 14.478 16 Feb 2020
$19.92024040222168 Weight: 15.249 14 Jan 2021
$19.131641387939453 Weight: 15.864 11 Feb 2020
$18.9514102935791 Weight: 8.28 02 Dec 2019
$18.352787017822266 Weight: 100 13 Jan 2021
$17.500608444213867 Weight: 7.353 05 Feb 2020

Volume profile price channel in 30 days range

Edge levels of the price channel based on volume profile report.
Price Description
18.48 Minimal price support level based on 30 days movements
Highly correlated currencies
Coin Correlation Links
First tier
0.1594275 details, prediction
0.056231994 details, prediction
-0.031892855 details, prediction
-0.038943354 details, prediction
-0.054293778 details, prediction
Second tier
0.23305242 details, prediction
0.19703786 details, prediction
0.1944431 details, prediction
0.074137315 details, prediction
0.051993582 details, prediction
Third tier
0.8232572 details, prediction
0.74883074 details, prediction
0.39393717 details, prediction
0.3775388 details, prediction
0.2533127 details, prediction


This report should be leaned to get most info about heading trends. It means that Decred price can be leaded by other, more mighty cryptocurrency, or maybe some market trend have affect on it.

It can be confidently asserted that any crypto currency has a significant dependence on the market as a whole and, in particular, the top 3 currencies - Bitcoin, Ethereum and Ripple, so the prediction of their prices will affect the price of Decred
Low correlated currencies
Coin Correlation Links
First tier
-0.73109955 details, prediction
-0.56070215 details, prediction
-0.328342 details, prediction
-0.2976012 details, prediction
-0.25914136 details, prediction
Second tier
-0.5979827 details, prediction
-0.5018544 details, prediction
-0.4527865 details, prediction
-0.358697 details, prediction
-0.3506496 details, prediction
Third tier
-0.56866723 details, prediction
-0.53579324 details, prediction
-0.46078956 details, prediction
-0.45954892 details, prediction
-0.45521337 details, prediction


This report should be leaned to build highly diversified portfolio.
It makes sense to mention that a low correlation in this case includes not only coins whose movements are not statistically related but, on the contrary, move in opposite directions (in the case of a negative value of the parameter)