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 $14.59 with $16.01 as upper border and $11.4 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
$15.101521492004395 Weight: 70.922 17 Dec 2021
$14.185664176940918 Weight: 13.427 13 Dec 2018
$13.950359344482422 Weight: 29.234 03 Aug 2022
$12.454710960388184 Weight: 12.136 10 May 2019
$11.843994140625 Weight: 17.774 25 Oct 2019
$11.629826545715332 Weight: 99.143 03 Nov 2020

Volume profile price channel in 24 hours range

Edge levels of the price channel based on volume profile report.
Price Description
16.01 Channel maximum price resist level based on 24 hours movements
11.4 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 $12.86 with $15.44 as upper border and $7.9199996 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: 70.922 17 Dec 2021
$14.185664176940918 Weight: 13.427 13 Dec 2018
$13.950359344482422 Weight: 29.234 03 Aug 2022
$12.454710960388184 Weight: 12.136 10 May 2019
$11.843994140625 Weight: 17.774 25 Oct 2019
$11.629826545715332 Weight: 99.143 03 Nov 2020
$8.781326293945312 Weight: 18.763 13 Mar 2020

Volume profile price channel in 7 days range

Edge levels of the price channel based on volume profile report.
Price Description
15.44 Channel maximum price resist level based on 7 days movements
7.9199996 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 is now on EDGE at $14.1. So the next scenario is able. If price will go up, it will RAISE with support level $14.1 If price will go down it will spend next in CHANNEL near to $11.5 with $14.1 as upper border and $7.88 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: 36.637 06 Mar 2022
$19.937807083129883 Weight: 14.479 16 Feb 2020
$19.92024040222168 Weight: 15.25 14 Jan 2021
$19.131641387939453 Weight: 15.865 11 Feb 2020
$18.352787017822266 Weight: 100 13 Jan 2021
$15.101521492004395 Weight: 70.922 17 Dec 2021
$13.950359344482422 Weight: 29.234 03 Aug 2022
$11.843994140625 Weight: 17.774 25 Oct 2019
$11.629826545715332 Weight: 99.143 03 Nov 2020
$8.781326293945312 Weight: 18.763 13 Mar 2020

Volume profile price channel in 30 days range

Edge levels of the price channel based on volume profile report.
Price Description
14.1 Edge price dividing trends based on 30 days movements
7.88 Minimum price support level in case of RAISE trend based on 30 days movements
14.1 Channel maximum price resist level based in case of FALL trend on 30 days movements
7.88 Channel minimum price resist level based in case of FALL trend on 30 days movements
Highly correlated currencies
Coin Correlation Links
First tier
0.9629633 details, prediction
0.94001466 details, prediction
0.93115723 details, prediction
0.92412 details, prediction
0.91949654 details, prediction
Second tier
0.96335334 details, prediction
0.96314603 details, prediction
0.9584821 details, prediction
0.95558053 details, prediction
0.94754165 details, prediction
Third tier
0.9729803 details, prediction
0.97085345 details, prediction
0.96390444 details, prediction
0.96224946 details, prediction
0.95578647 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
-0.6648136 details, prediction
-0.24209043 details, prediction
-0.078106895 details, prediction
0.4751605 details, prediction
0.526927 details, prediction
Second tier
-0.7531237 details, prediction
-0.6576438 details, prediction
-0.57251894 details, prediction
-0.32966855 details, prediction
-0.14256872 details, prediction
Third tier
-0.4439467 details, prediction
-0.3462135 details, prediction
-0.20896395 details, prediction
-0.16034676 details, prediction
-0.14375024 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)