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 is now on EDGE at $17.22. So the next scenario is able. If price will go up, it will RAISE with support level $17.22 If price will go down it will spend next in CHANNEL near to $16.49 with $17.22 as upper border and $15.74 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
$17.500608444213867 Weight: 7.348 05 Feb 2020
$15.101521492004395 Weight: 71.183 17 Dec 2021

Volume profile price channel in 24 hours range

Edge levels of the price channel based on volume profile report.
Price Description
17.22 Edge price dividing trends based on 24 hours movements
15.74 Minimum price support level in case of RAISE trend based on 24 hours movements
17.22 Channel maximum price resist level based in case of FALL trend on 24 hours movements
15.74 Channel minimum price resist level based in case of FALL trend 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 $16.95. So the next scenario is able. If price will go up, it will RAISE with support level $16.95 If price will go down it will spend next in CHANNEL near to $15.87 with $16.95 as upper border and $13.88 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
$19.009315490722656 Weight: 6.467 17 Feb 2020
$18.9514102935791 Weight: 8.275 02 Dec 2019
$18.352787017822266 Weight: 100 13 Jan 2021
$17.500608444213867 Weight: 7.348 05 Feb 2020
$15.101521492004395 Weight: 71.183 17 Dec 2021
$14.185664176940918 Weight: 13.418 13 Dec 2018
$12.454710960388184 Weight: 12.127 10 May 2019
$12.340315818786621 Weight: 29.525 07 Sep 2022

Volume profile price channel in 7 days range

Edge levels of the price channel based on volume profile report.
Price Description
16.95 Edge price dividing trends based on 7 days movements
13.88 Minimum price support level in case of RAISE trend based on 7 days movements
16.95 Channel maximum price resist level based in case of FALL trend on 7 days movements
13.88 Channel minimum price resist level based in case of FALL trend on 7 days movements

Decred price levels prediction for next 30 days

Next 30 days brief prediction

Price of DCR has broken last trend and will RAISE from the support level $16.56

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
$19.131641387939453 Weight: 15.853 11 Feb 2020
$18.9514102935791 Weight: 8.275 02 Dec 2019
$18.352787017822266 Weight: 100 13 Jan 2021
$15.101521492004395 Weight: 71.183 17 Dec 2021
$14.185664176940918 Weight: 13.418 13 Dec 2018
$12.454710960388184 Weight: 12.127 10 May 2019
$12.340315818786621 Weight: 29.525 07 Sep 2022
$11.843994140625 Weight: 17.761 25 Oct 2019
$11.629826545715332 Weight: 99.07 03 Nov 2020
$8.781326293945312 Weight: 18.749 13 Mar 2020

Volume profile price channel in 30 days range

Edge levels of the price channel based on volume profile report.
Price Description
16.56 Minimal price support level based on 30 days movements
Highly correlated currencies
Coin Correlation Links
First tier
0.8019492 details, prediction
0.787452 details, prediction
0.7611582 details, prediction
0.7534365 details, prediction
0.7494683 details, prediction
Second tier
0.8109994 details, prediction
0.68588763 details, prediction
0.6749432 details, prediction
0.6550121 details, prediction
0.6477359 details, prediction
Third tier
0.7012597 details, prediction
0.68894935 details, prediction
0.6314381 details, prediction
0.62917006 details, prediction
0.60446984 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
-0.38916284 details, prediction
-0.101489715 details, prediction
0.11032061 details, prediction
0.20640944 details, prediction
0.3158543 details, prediction
Second tier
-0.6806759 details, prediction
-0.6613851 details, prediction
-0.6451334 details, prediction
-0.6308791 details, prediction
-0.60874146 details, prediction
Third tier
-0.772988 details, prediction
-0.71883124 details, prediction
-0.6442265 details, prediction
-0.62828267 details, prediction
-0.6245883 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)