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 $10.95 with $11.629999 as upper border and $10.12 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
$12.968338012695312 Weight: 26.655 11 Feb 2019
$12.454710960388184 Weight: 23.863 10 May 2019
$12.287320137023926 Weight: 5.182 01 Aug 2020
$11.843994140625 Weight: 22.251 25 Oct 2019
$11.420031547546387 Weight: 10.524 13 Aug 2020
$11.30911922454834 Weight: 9.635 02 Apr 2020
$10.986915588378906 Weight: 9.801 02 Apr 2020
$10.587823867797852 Weight: 10.958 29 Apr 2020
$9.683133125305176 Weight: 5.536 16 Mar 2020

Volume profile price channel in 24 hours range

Edge levels of the price channel based on volume profile report.
Price Description
11.629999 Channel maximum price resist level based on 24 hours movements
10.12 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 $12.400001 with $13.630001 as upper border and $10.43 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
$16.791908264160156 Weight: 36.287 30 Jan 2020
$15.635319709777832 Weight: 24.921 28 Jan 2019
$15.492616653442383 Weight: 24.802 28 Jan 2019
$14.185664176940918 Weight: 84.972 13 Dec 2018
$12.968338012695312 Weight: 26.655 11 Feb 2019
$12.454710960388184 Weight: 23.863 10 May 2019
$11.843994140625 Weight: 22.251 25 Oct 2019
$11.420031547546387 Weight: 10.524 13 Aug 2020
$10.986915588378906 Weight: 9.801 02 Apr 2020
$10.587823867797852 Weight: 10.958 29 Apr 2020

Volume profile price channel in 7 days range

Edge levels of the price channel based on volume profile report.
Price Description
13.630001 Channel maximum price resist level based on 7 days movements
10.43 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 $11.349999. So the next scenario is able. If price will go up it will spend next in CHANNEL near to $14.9 with $16.789999 as upper border and $11.349999 as bottom. If price will go down, it will FALL with support level $11.349999

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
$21.022661209106445 Weight: 32.57 13 Feb 2020
$19.937807083129883 Weight: 31.532 16 Feb 2020
$16.791908264160156 Weight: 36.287 30 Jan 2020
$15.635319709777832 Weight: 24.921 28 Jan 2019
$15.492616653442383 Weight: 24.802 28 Jan 2019
$14.185664176940918 Weight: 84.972 13 Dec 2018
$12.968338012695312 Weight: 26.655 11 Feb 2019
$12.454710960388184 Weight: 23.863 10 May 2019
$11.843994140625 Weight: 22.251 25 Oct 2019
$8.781326293945312 Weight: 39.947 13 Mar 2020

Volume profile price channel in 30 days range

Edge levels of the price channel based on volume profile report.
Price Description
11.349999 Edge price dividing trends based on 30 days movements
16.789999 Channel maximum price resist level based in case of RAISE trend on 30 days movements
11.349999 Channel minimum price resist level based in case of RAISE trend on 30 days movements
11.349999 Minimum price support level in case of FALL trend based on 30 days movements
Highly correlated currencies
Coin Correlation Links
First tier
0.8282768 details, prediction
0.80107856 details, prediction
0.79645014 details, prediction
0.78885823 details, prediction
0.7605876 details, prediction
Second tier
0.88650984 details, prediction
0.86292917 details, prediction
0.84959954 details, prediction
0.8441126 details, prediction
0.8413993 details, prediction
Third tier
0.9117488 details, prediction
0.90824574 details, prediction
0.9066486 details, prediction
0.89467955 details, prediction
0.89378095 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
-0.23612788 details, prediction
0.034099735 details, prediction
0.06346597 details, prediction
0.28229344 details, prediction
0.3362374 details, prediction
Second tier
-0.21042039 details, prediction
-0.17990206 details, prediction
-0.08746722 details, prediction
-0.018162962 details, prediction
0.038639255 details, prediction
Third tier
-0.7683871 details, prediction
-0.7483518 details, prediction
-0.6735017 details, prediction
-0.6594848 details, prediction
-0.6277703 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)