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

Read more detailed info about this tool

Decred price levels prediction for next 24 hours

Next 24 hours brief prediction

Price of DCR will be traded in CHANNEL near to $13.150001 with $13.280001 as upper border and $12.820001 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: 13.424 13 Dec 2018
$13.950359344482422 Weight: 29.315 03 Aug 2022
$12.454710960388184 Weight: 12.133 10 May 2019
$11.843994140625 Weight: 17.77 25 Oct 2019
$11.629826545715332 Weight: 99.119 03 Nov 2020

Volume profile price channel in 24 hours range

Edge levels of the price channel based on volume profile report.
Price Description
13.280001 Channel maximum price resist level based on 24 hours movements
12.820001 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 $12.978999 with $14.013999 as upper border and $11.718999 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: 71.01 17 Dec 2021
$14.185664176940918 Weight: 13.424 13 Dec 2018
$13.950359344482422 Weight: 29.315 03 Aug 2022
$12.454710960388184 Weight: 12.133 10 May 2019
$11.843994140625 Weight: 17.77 25 Oct 2019
$11.629826545715332 Weight: 99.119 03 Nov 2020
$8.781326293945312 Weight: 18.759 13 Mar 2020

Volume profile price channel in 7 days range

Edge levels of the price channel based on volume profile report.
Price Description
14.013999 Channel maximum price resist level based on 7 days movements
11.718999 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 $12.84 with $15.02 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: 36.692 06 Mar 2022
$19.937807083129883 Weight: 14.475 16 Feb 2020
$19.92024040222168 Weight: 15.246 14 Jan 2021
$19.131641387939453 Weight: 15.861 11 Feb 2020
$18.352787017822266 Weight: 100 13 Jan 2021
$15.101521492004395 Weight: 71.01 17 Dec 2021
$13.950359344482422 Weight: 29.315 03 Aug 2022
$11.843994140625 Weight: 17.77 25 Oct 2019
$11.629826545715332 Weight: 99.119 03 Nov 2020
$8.781326293945312 Weight: 18.759 13 Mar 2020

Volume profile price channel in 30 days range

Edge levels of the price channel based on volume profile report.
Price Description
15.02 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
0.94695514 details, prediction
0.940629 details, prediction
0.93373346 details, prediction
0.92959696 details, prediction
0.8984707 details, prediction
Second tier
0.9568951 details, prediction
0.9248174 details, prediction
0.9216699 details, prediction
0.917553 details, prediction
0.9061646 details, prediction
Third tier
0.9176758 details, prediction
0.89559513 details, prediction
0.8833839 details, prediction
0.8741441 details, prediction
0.869019 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
-0.6197983 details, prediction
0.13567463 details, prediction
0.183329 details, prediction
0.6514014 details, prediction
0.7612119 details, prediction
Second tier
-0.86175966 details, prediction
-0.8263878 details, prediction
-0.45286945 details, prediction
-0.03263831 details, prediction
0.109029345 details, prediction
Third tier
-0.18957491 details, prediction
-0.03461822 details, prediction
0.06868079 details, prediction
0.30148497 details, prediction
0.31391278 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)