DECRED Price Prediction Today: Daily (DCR) Value Forecast – June 24
- DCR market has been slightly appreciating against the market valuation of the US dollar.
- Both the Bollinger Middle Band and the 50-day SMA are expected to play an essential role in determining the bulls' stance in the DCR/USD trade.
DCR/USD Medium-term Trend: Bullish
- Resistance levels: $36, $38, $40
- Support levels: $26, $24, $22
There has been a notable relative increase in the market line of DCR/USD over time. The current medium-term chart also shows that there was a line of range price movements before the present slight appreciation in the crypto’s valuation as paired with its counter currency.
All the trading indicators still somewhat maintain a light posture to suggest the possibility of witnessing more ups than downs. The Stochastic Oscillators now move around overbought and range 80 in a consolidation mote.
As the DCR/USD market is in consolidation mode, the bulls are expected to sustain the energy around the Bollinger Middle Band trend-line A breakdown of that trend-line will allow the pair to find support around its 50-day SMA indicator trend-line underneath it.
DCRUSD Short-term Trend: Bullish
The short-term market valuation of DCR/USD has been witnessing a series of choppy price movements around $34, $33, and $32 horizontal lines. During the yesterday’s trading sessions, the pair made a low record of around $29.50 mark to have a high market’s value at $34 or thereabout. The trading indicators still point briefly towards the north-east. The Stochastic Oscillators have slowly bent downward to find a position around ranges 40 and 20.
The DCR/USD price may still continue to chop around $32and $31 market levels in the meantime. Therefore, if the bulls are able to hold stronger around those aforementioned points, there’ll be a continuation of the upward trend towards the immediate market’s line at $35.
Live Decred (DCR) Price:
1 DCR/USD =$152.3541 change ~ 6.22%
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