$DCR Decred (DCR)
$23.23
+$0.31 (1.35%)
💡 Current Approx Price: $23.2 USD (₨7,000–₨7,300 PKR per DCR) according to recent exchange data. �
CoinMarketCap +1
📊 Live Market Summary
Decred (DCR) key stats:
Market Cap: ~$405M USD. �
CoinMarketCap
24 h Price Range: roughly $22.8 – $24.0 USD. �
CoinGecko
Volume: moderate trading activity with daily variation. �
CoinMarketCap
Overall Trend (24h): slight up/down swings, showing volatility. �
CoinGecko
What this means: DCR is trading in a relatively tight channel with decent liquidity but strong volatility — typical of many altcoins.
📈 Technical Indicators (Short-Term to Medium-Term)
Daily Technical Summary (from recent TA):
Price above key moving averages (e.g., 50 & 200 EMA) → bullish bias. �
CoinLore
RSI around mid-levels (~60) → not overbought yet but positive momentum. �
CoinLore
Volatility is high → larger candle swings possible. �
CoinLore
Support around $23.7–$24.1 and resistance $24.9–$26+. �
Risk: High volatility means price may spike quickly both up or down.
📉 Simple Live Trading Strategy
Timeframe
Action
Notes
Scalping (minutes–hours)
Look for quick +1–3% moves
Buy near $23.7–$24.1
Target $25–$26+ then lock profits
Breakout play
Buy above $25 resistance
⚠️ Example risk control:
If entering at ~$24.0, stop loss ~ $23.2
First profit target ~ $25.0
Secondary target ~ $26+
📊 1-Day Candle-like Pattern Text Description
Since I cannot draw live candles here, here’s a text-based depiction of the last 24 h range:
Copy code
Upper resistance near: |—————$24.5————|
Current move |——$22.7________$23.8—|
Support —————————^
Where:
$24.5 area shows sellers in last 24h,
$22.7–$23.8 zone is recent trading range.
📌 Key Levels to Watch
Support: ~$23.7–$24.1
Resistance: ~$24.9–$26
Higher breakout trigger: above ~$26
Downside caution: if price closes below ~$22.7