$DCR

DCR

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Decred ($DCR) has been experiencing a period of consolidation after a recent price surge. It is currently hovering around the $20 mark, finding immediate support there, while encountering resistance near $22.50. The DCR/BTC trading pair also shows similar patterns, indicating its movement is somewhat independent of broader market trends. On-chain metrics suggest continued participation in staking and governance, which provides a strong fundamental backing. A push above $22.50 could initiate another leg up, whereas a fall below $20 might lead to a retest of lower support levels closer to $18.

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