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 $12.81 with $12.89 as upper border and $12.68 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 |
|---|---|---|
| $12.454710960388184 | Weight: 12.133 | 10 May 2019 |
Volume profile price channel in 24 hours range
Edge levels of the price channel based on volume profile report.
| Price | Description |
|---|---|
| 12.89 | Channel maximum price resist level based on 24 hours movements |
| 12.68 | 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 will be traded in CHANNEL near to $12.85 with $13.29 as upper border and $12.66 as bottom.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 |
|---|---|---|
| $15.101521492004395 | Weight: 71.02 | 17 Dec 2021 |
| $14.185664176940918 | Weight: 13.424 | 13 Dec 2018 |
| $13.950359344482422 | Weight: 29.318 | 03 Aug 2022 |
| $12.454710960388184 | Weight: 12.133 | 10 May 2019 |
| $11.843994140625 | Weight: 17.769 | 25 Oct 2019 |
| $11.629826545715332 | Weight: 99.115 | 03 Nov 2020 |
Volume profile price channel in 7 days range
Edge levels of the price channel based on volume profile report.
| Price | Description |
|---|---|
| 13.29 | Channel maximum price resist level based on 7 days movements |
| 12.66 | Channel minimum price resist level based on 7 days movements |
Decred price levels prediction for next 30 days
Next 30 days brief prediction
Price of DCR will be traded in CHANNEL near to $12.8 with $13.92 as upper border and $11.58 as bottom.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 |
|---|---|---|
| $19.131641387939453 | Weight: 15.861 | 11 Feb 2020 |
| $18.9514102935791 | Weight: 8.279 | 02 Dec 2019 |
| $18.352787017822266 | Weight: 100 | 13 Jan 2021 |
| $15.101521492004395 | Weight: 71.02 | 17 Dec 2021 |
| $14.185664176940918 | Weight: 13.424 | 13 Dec 2018 |
| $13.950359344482422 | Weight: 29.318 | 03 Aug 2022 |
| $12.454710960388184 | Weight: 12.133 | 10 May 2019 |
| $11.843994140625 | Weight: 17.769 | 25 Oct 2019 |
| $11.629826545715332 | Weight: 99.115 | 03 Nov 2020 |
| $8.781326293945312 | Weight: 18.758 | 13 Mar 2020 |
Volume profile price channel in 30 days range
Edge levels of the price channel based on volume profile report.
| Price | Description |
|---|---|
| 13.92 | Channel maximum price resist level based on 30 days movements |
| 11.58 | Channel minimum price resist level based on 30 days movements |
Highly correlated currencies
| Coin | Correlation | Links |
|---|---|---|
| First tier | ||
Ethereum
ETH
|
0.93329805 | details, prediction |
Litecoin
LTC
|
0.9120185 | details, prediction |
Bitcoin
BTC
|
0.90728337 | details, prediction |
Bitcoin Cash
BCH
|
0.8962137 | details, prediction |
ChainLink
LINK
|
0.8925686 | details, prediction |
| Second tier | ||
Bitcoin Gold
BTG
|
0.89912 | details, prediction |
HoloToken
HOT
|
0.8907944 | details, prediction |
Vechain
VET
|
0.88795567 | details, prediction |
Decentraland
MANA
|
0.8787875 | details, prediction |
Horizen
ZEN
|
0.8563232 | details, prediction |
| Third tier | ||
Hydro Protocol
HOT
|
0.89554316 | details, prediction |
Bancor
BNT
|
0.85812026 | details, prediction |
SysCoin
SYS
|
0.8516424 | details, prediction |
Gas
GAS
|
0.8278491 | details, prediction |
Dero
DERO
|
0.8157115 | 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 | ||
Stellar
XLM
|
-0.60082346 | details, prediction |
TRON
TRX
|
0.30928004 | details, prediction |
ZCash
ZEC
|
0.48647466 | details, prediction |
KuCoin Shares
KCS
|
0.5641976 | details, prediction |
Binance Coin
BNB
|
0.6463172 | details, prediction |
| Second tier | ||
Dai
DAI
|
-0.839468 | details, prediction |
USD//Coin
USDC
|
-0.80011296 | details, prediction |
True USD
TUSD
|
-0.39672756 | details, prediction |
Telcoin
TEL
|
0.063272476 | details, prediction |
OriginTrail
TRAC
|
0.26960933 | details, prediction |
| Third tier | ||
BABB
BAX
|
-0.1397677 | details, prediction |
Propy
PRO
|
-0.045041636 | details, prediction |
Matrix AI Network
MAN
|
-0.028002184 | details, prediction |
OPEN Platform
OPEN
|
0.031764247 | details, prediction |
Phantasma
SOUL
|
0.16400541 | 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)