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 $14.27 with $14.38 as upper border and $14.01 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
$14.185664176940918 Weight: 33.962 13 Dec 2018

Volume profile price channel in 24 hours range

Edge levels of the price channel based on volume profile report.
Price Description
14.38 Channel maximum price resist level based on 24 hours movements
14.01 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 $13.78 with $14.42 as upper border and $12.99 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
$15.883337020874023 Weight: 6.667 14 Mar 2020
$14.185664176940918 Weight: 33.962 13 Dec 2018
$12.454710960388184 Weight: 25.45 10 May 2019
$11.843994140625 Weight: 37.726 25 Oct 2019
$11.30911922454834 Weight: 9.615 02 Apr 2020

Volume profile price channel in 7 days range

Edge levels of the price channel based on volume profile report.
Price Description
14.42 Channel maximum price resist level based on 7 days movements
12.99 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 $13.259999 with $14.459999 as upper border and $11.699999 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
$47.42318344116211 Weight: 56.039 06 Feb 2018
$39.578453063964844 Weight: 61.089 08 Dec 2017
$35.160457611083984 Weight: 80.394 01 Apr 2018
$32.273887634277344 Weight: 81.612 14 Aug 2018
$26.404422760009766 Weight: 38.526 16 Nov 2017
$25.561710357666016 Weight: 28.287 14 Feb 2020
$19.131641387939453 Weight: 34.466 11 Feb 2020
$18.727109909057617 Weight: 34.209 17 Feb 2020
$14.185664176940918 Weight: 33.962 13 Dec 2018
$11.843994140625 Weight: 37.726 25 Oct 2019

Volume profile price channel in 30 days range

Edge levels of the price channel based on volume profile report.
Price Description
14.459999 Channel maximum price resist level based on 30 days movements
11.699999 Channel minimum price resist level based on 30 days movements
Highly correlated currencies
Coin Correlation Links
First tier
0.9329507 details, prediction
0.9264357 details, prediction
0.92042255 details, prediction
0.9182455 details, prediction
0.9149793 details, prediction
Second tier
0.9454561 details, prediction
0.9355296 details, prediction
0.9344013 details, prediction
0.9335059 details, prediction
0.93313015 details, prediction
Third tier
0.9481879 details, prediction
0.9449237 details, prediction
0.9425026 details, prediction
0.9413271 details, prediction
0.93489337 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
0.5323191 details, prediction
0.63208336 details, prediction
0.6437316 details, prediction
0.71475315 details, prediction
0.7898401 details, prediction
Second tier
-0.61670107 details, prediction
-0.27736837 details, prediction
-0.2375665 details, prediction
-0.2343125 details, prediction
-0.18581277 details, prediction
Third tier
-0.6216915 details, prediction
-0.59130126 details, prediction
-0.5426118 details, prediction
-0.53360933 details, prediction
-0.52831805 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)