$DCR
DCR
22.54
-3.09%
Decred ($DCR$) is currently in a strong bullish breakout, surging 23% this week to reach approximately $25.00 (7,068 PKR). The candle chart shows a decisive move above the 200-day EMA, supported by an 11% rise in mining hashrate and 61% of the supply being staked, which severely limits selling pressure. For the upcoming week, expect a brief consolidation period near $24.50 before a likely push toward the next major resistance at $30.50. Technical indicators like the MACD have flashed a fresh buy signal, while the RSI (at 68) suggests the rally has room to run before hitting overbought territory. This decoupling from the broader market's volatility highlights DCR’s current role as a "defensive alpha" asset.