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 $15.99 with $16.39 as upper border and $15.55 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 |
|---|
Volume profile price channel in 24 hours range
Edge levels of the price channel based on volume profile report.
| Price | Description |
|---|---|
| 16.39 | Channel maximum price resist level based on 24 hours movements |
| 15.55 | 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 is now on EDGE at $15.629999. So the next scenario is able. If price will go up it will spend next in CHANNEL near to $16.429998 with $16.67 as upper border and $15.629999 as bottom. If price will go down, it will FALL with support level $15.629999Historic 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 |
|---|---|---|
| $21.055755615234375 | Weight: 36.675 | 06 Mar 2022 |
| $20.71273422241211 | Weight: 6.99 | 15 Feb 2020 |
| $19.937807083129883 | Weight: 14.48 | 16 Feb 2020 |
| $19.92024040222168 | Weight: 15.251 | 14 Jan 2021 |
| $19.131641387939453 | Weight: 15.866 | 11 Feb 2020 |
| $19.009315490722656 | Weight: 6.472 | 17 Feb 2020 |
| $18.9514102935791 | Weight: 8.282 | 02 Dec 2019 |
| $18.352787017822266 | Weight: 100 | 13 Jan 2021 |
| $17.500608444213867 | Weight: 7.354 | 05 Feb 2020 |
| $15.101521492004395 | Weight: 70.921 | 17 Dec 2021 |
Volume profile price channel in 7 days range
Edge levels of the price channel based on volume profile report.
| Price | Description |
|---|---|
| 15.629999 | Edge price dividing trends based on 7 days movements |
| 16.67 | Channel maximum price resist level based in case of RAISE trend on 7 days movements |
| 15.629999 | Channel minimum price resist level based in case of RAISE trend on 7 days movements |
| 15.629999 | Minimum price support level in case of FALL trend 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 $15.969999. So the next scenario is able. If price will go up it will spend next in CHANNEL near to $17.99 with $19.93 as upper border and $15.969999 as bottom. If price will go down, it will FALL with support level $15.969999Historic 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 |
|---|---|---|
| $25.10137367248535 | Weight: 13.35 | 14 Feb 2020 |
| $21.256738662719727 | Weight: 12.889 | 14 Jan 2021 |
| $21.055755615234375 | Weight: 36.675 | 06 Mar 2022 |
| $19.937807083129883 | Weight: 14.48 | 16 Feb 2020 |
| $19.92024040222168 | Weight: 15.251 | 14 Jan 2021 |
| $19.131641387939453 | Weight: 15.866 | 11 Feb 2020 |
| $18.352787017822266 | Weight: 100 | 13 Jan 2021 |
| $15.101521492004395 | Weight: 70.921 | 17 Dec 2021 |
| $14.185664176940918 | Weight: 13.428 | 13 Dec 2018 |
| $13.950359344482422 | Weight: 29.305 | 03 Aug 2022 |
Volume profile price channel in 30 days range
Edge levels of the price channel based on volume profile report.
| Price | Description |
|---|---|
| 15.969999 | Edge price dividing trends based on 30 days movements |
| 19.93 | Channel maximum price resist level based in case of RAISE trend on 30 days movements |
| 15.969999 | Channel minimum price resist level based in case of RAISE trend on 30 days movements |
| 15.969999 | Minimum price support level in case of FALL trend based on 30 days movements |
Highly correlated currencies
| Coin | Correlation | Links |
|---|---|---|
| First tier | ||
Crypto.com Chain
CRO
|
0.9342887 | details, prediction |
Stellar
XLM
|
0.37581882 | details, prediction |
Cardano
ADA
|
0.36502525 | details, prediction |
XRP
XRP
|
0.34053856 | details, prediction |
Litecoin
LTC
|
0.16857792 | details, prediction |
| Second tier | ||
DigiByte
DGB
|
0.77875525 | details, prediction |
Verge
XVG
|
0.6310194 | details, prediction |
Bitcoin Gold
BTG
|
0.4820022 | details, prediction |
Ardor
ARDR
|
0.41856202 | details, prediction |
Tezos
XTZ
|
0.40654638 | details, prediction |
| Third tier | ||
BABB
BAX
|
0.8319575 | details, prediction |
Matrix AI Network
MAN
|
0.78661525 | details, prediction |
Dent
DENT
|
0.70485634 | details, prediction |
Propy
PRO
|
0.6622389 | details, prediction |
Steem
STEEM
|
0.6568291 | 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 | ||
TRON
TRX
|
-0.55788404 | details, prediction |
ZCash
ZEC
|
-0.5211153 | details, prediction |
Dogecoin
DOGE
|
-0.42724314 | details, prediction |
UNUS SED LEO
LEO
|
-0.38185158 | details, prediction |
Monero
XMR
|
-0.29341915 | details, prediction |
| Second tier | ||
True USD
TUSD
|
-0.79227686 | details, prediction |
Chiliz
CHZ
|
-0.6231368 | details, prediction |
FTX Token
FTT
|
-0.5099197 | details, prediction |
Algorand
ALGO
|
-0.49199826 | details, prediction |
iEx.ec
RLC
|
-0.4375711 | details, prediction |
| Third tier | ||
HEROcoin
PLAY
|
-0.6788397 | details, prediction |
OPEN Platform
OPEN
|
-0.60601234 | details, prediction |
Metal
MTL
|
-0.5601502 | details, prediction |
Electroneum
ETN
|
-0.43018135 | details, prediction |
Enjin Coin
ENJ
|
-0.40279675 | 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)