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 $10.224001 with $11.6640005 as upper border and $9.6640005 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
$11.843994140625 Weight: 17.777 25 Oct 2019
$11.629826545715332 Weight: 99.161 03 Nov 2020
$8.781326293945312 Weight: 18.767 13 Mar 2020

Volume profile price channel in 24 hours range

Edge levels of the price channel based on volume profile report.
Price Description
11.6640005 Channel maximum price resist level based on 24 hours movements
9.6640005 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 $9.84 with $11.93 as upper border and $8.58 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
$13.950359344482422 Weight: 29.183 03 Aug 2022
$12.454710960388184 Weight: 12.138 10 May 2019
$11.843994140625 Weight: 17.777 25 Oct 2019
$11.629826545715332 Weight: 99.161 03 Nov 2020
$8.781326293945312 Weight: 18.767 13 Mar 2020

Volume profile price channel in 7 days range

Edge levels of the price channel based on volume profile report.
Price Description
11.93 Channel maximum price resist level based on 7 days movements
8.58 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 $12.83 with $16.67 as upper border and $8.57 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
$21.055755615234375 Weight: 36.602 06 Mar 2022
$19.937807083129883 Weight: 14.482 16 Feb 2020
$19.92024040222168 Weight: 15.253 14 Jan 2021
$19.131641387939453 Weight: 15.868 11 Feb 2020
$18.352787017822266 Weight: 100 13 Jan 2021
$15.101521492004395 Weight: 70.859 17 Dec 2021
$13.950359344482422 Weight: 29.183 03 Aug 2022
$11.843994140625 Weight: 17.777 25 Oct 2019
$11.629826545715332 Weight: 99.161 03 Nov 2020
$8.781326293945312 Weight: 18.767 13 Mar 2020

Volume profile price channel in 30 days range

Edge levels of the price channel based on volume profile report.
Price Description
16.67 Channel maximum price resist level based on 30 days movements
8.57 Channel minimum price resist level based on 30 days movements
Highly correlated currencies
Coin Correlation Links
First tier
0.9597666 details, prediction
0.8622478 details, prediction
0.8528589 details, prediction
0.8148763 details, prediction
0.8037677 details, prediction
Second tier
0.9381407 details, prediction
0.9281032 details, prediction
0.91984296 details, prediction
0.9105295 details, prediction
0.89830923 details, prediction
Third tier
0.95073456 details, prediction
0.9232739 details, prediction
0.92275417 details, prediction
0.9211619 details, prediction
0.90565574 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
-0.99763775 details, prediction
-0.5490912 details, prediction
-0.5482616 details, prediction
-0.5419249 details, prediction
0.08863471 details, prediction
Second tier
-0.6241386 details, prediction
-0.6155661 details, prediction
-0.5547649 details, prediction
-0.44797826 details, prediction
-0.2352308 details, prediction
Third tier
-0.5282956 details, prediction
-0.32461098 details, prediction
-0.07729607 details, prediction
-0.05497251 details, prediction
0.2661978 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)