Decred Price Prediction Today: Daily (DCR) Value Forecast – June 21


  • The price of DCR is fluctuating between the levels of $24 and $30.
  • On the upside, if the bulls break the $30 price level, the crypto’s price will rise to retest the overhead resistance level.

DCR/USD Medium-term Trend: Ranging

  • Resistance Levels: $27.0, $30 ¸ $32.50
  • Support levels: $25 0, $22.5, $20.0

Yesterday, June 20, the price of DCR was in a sideways trend. On May 15, the price of DCR reached a high of $33. However, the bulls were resisted and the crypto’s market was on a downward correction to the support of the 26-day EMA. The 12-day EMA and the 26-day EMA are flattening indicating that price is in a sideways trend.

The price of DCR is fluctuating between the levels of $24 and $30. On the upside, if the bulls break the $30 price level, the crypto’s price will rise to retest the overhead resistance level. However, the market will continue its range bound move if the bulls fail to break the upper price level. Meanwhile, the price DCR is in the overbought region but above the 60% range. This indicates that price is in a bullish momentum and a buy signal.

DCR/USD Short-term Trend: Bullish

On the 1-hour chart, the DCR price is in a bullish trend. At the support of the $27 price level, the bulls made an upward move to the bullish trend zone. The bulls broke the 12-day EMA and the 26-day EMA to reach the $29.500 price level. Also, the price DCR is in the oversold region but above the 40% range. This indicates that price is in a bullish momentum and a buy signal.

Live Decred (DCR) Price:

1 DCR/USD =$140.6306 change ~ 4.08%

Coin Market Cap

$1.78 Billion

24 Hour Volume

$7.07 Million

24 Hour VWAP

$135

24 Hour Change

$5.74

 

The views and opinions expressed here do not reflect that of BitcoinExchangeGuide.com and do not constitute financial advice. Always do your own research.

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