$DCR is outperforming most other coins with a solid uptrend over the last week. Decred is up 7.86% in 24 hours, up 25.26% on the week and up 7.13% on the month on a last price of 0.00722222 BTC or about $50.37.

Decred Market Report: Solid Weekly Uptrend for $DCR

Brief:


$DCR is outperforming most other coins with a solid uptrend over the last week. Decred is up 7.86% in 24 hours, up 25.26% on the week and up $7.13% on the month on a last price of 0.00722222 BTC or about $50.37. The Decred marketcap is $356,747,036 with a circulating supply of 7,082,530 $DCR. $DCR/BTC is trading between a 24hr high of 0.00737790 BTC ($51.45) and a 24hr low of 0.00660000 BTC ($46.03) on a 24hr Bittrex volume of $665,039. This trading volume is heavy. The weekly price trend is up.

Last price

0.00722222 $DCR/BTC

$USD

last price $ 50.37
one week ago $ 40.41

Price change

Price change is the $DCR percentage change within the period:

period change
day 7.86%
week 25.26%
month 7.13%

Volume

Volume

$DCR 24 hour volume
BTC $665,039
all $DCR currencies $1,229,980

The 24 hour volume for $DCR/BTC on Bittrex is $665,039. This volume weight is heavy when compared with Bittrex daily trading levels for $DCR over the last month.

The total 24 hour volume for all reporting $DCR markets is $1,229,980.

Market Share

The Bittrex currency pair $DCR/BTC is 54.07% of all $DCR traded in twenty-four hours. Upbit is the next closest competitor with 21.12% $DCR.

Top $DCR Pairs
Tap/click for detail:

Remarks

$DCR is outperforming most other coins with a solid uptrend over the last week. Decred is up 7.86% in 24 hours, up 25.26% on the week and up $7.13% on the month on a last price of 0.00722222 BTC or about $50.37. The Decred marketcap is $356,747,036 with a circulating supply of 7,082,530 $DCR. $DCR/BTC is trading between a 24hr high of 0.00737790 BTC ($51.45) and a 24hr low of 0.00660000 BTC ($46.03) on a 24hr Bittrex volume of $665,039. This trading volume is heavy. The weekly price trend is up.

This is one of the few coins you can say is in a one week uptrend. While most coins were up with the overnight increase in bitcoin, the anemic performance of bitcoin in a bearish $BTC market has meant that most coins are either mixed or bearish. Decred is one of the few exceptions.

Being able to buck the trend with an altcoin is a desirable attribute to have.

One Year $DCR Chart

$DCR One Day Candles

Browse Decred Collection

Learn about the unique characteristics of $DCR. Browse our collection of Decred Market Reports.

Saturday April 07 2018 Bitcoin Background

Altcoins such as Decred ($DCR) may show a relationship with Bitcoin ($BTC) which changes with the alt, bitcoin and market conditions:

24 Hours of Bitcoin
24 Hours of #Bitcoin
5.55% price $7,002.46
vol $3,998,260,000
mktcap $118,788,856,132
16.96M #XBT 20:12
http://kittybitcoin.com/bitcoin/24_hours_of_bitcoin.php

XBTLivePriceTM

Yesterday

Altcoin Market Reports
We publish topical Market Reports on many altcoins. Browse our extensive collection of Altcoin Market Reports.

Highlight Chart

Tap / click to enlarge:

$DCR is outperforming most other coins with a solid uptrend over the last week. Decred is up 7.86% in 24 hours, up 25.26% on the week and up 7.13% on the month on a last price of 0.00722222 BTC or about $50.37.
$DCR is outperforming most other coins with a solid uptrend over the last week. Decred is up 7.86% in 24 hours, up 25.26% on the week and up 7.13% on the month on a last price of 0.00722222 BTC or about $50.37.

Data sources

Main Data Source

Bittrex is the main data source for this report. The One Day Candles chart, highlight chart, and digital asset numeric trading data are from Bittrex.

Secondary

CoinMarketCap is the secondary data source for this report. The One Year Chart, cryptocurrency rank, token circulating supply, and daily market share are sourced from CoinMarketCap.com.

Tertiary

XBTLivePriceTM and 24 Hours of Bitcoin are fine data products from KittyBitcoin.com

Other sources are credited where used.

Market capitalization

Market capitalization is the total $US dollar value of the Decred market calculated using the formula:

market cap = ( circulating supply x last price )
Market cap $ 356,747,036
Circulating supply 7,082,530
Last price $ 50.37

Daily High Low

daily high 0.00737790 BTC
daily low 0.00660000 BTC

Trend

The weekly trend is up.

trend is UP

Trend is "up" when the weekly price movement is predominantly upwards.

Resistance

Resistance is the highest price within the period:

period resistance
day 0.00737790 BTC
week 0.00737790 BTC

Support

Support is the lowest price within the period:

period support
day 0.00660000 BTC
week 0.00573000 BTC

Market sentiment

Market sentiment is bullish.

sentiment bullish

Image courtesy Pixabay.com

Summary

$DCR is outperforming most other coins with a solid uptrend over the last week. Decred is up 7.86% in 24 hours, up 25.26% on the week and up 7.13% on the month on a last price of 0.00722222 BTC or about $50.37. The Decred marketcap is $356,747,036 with a circulating supply of 7,082,530 $DCR. $DCR/BTC saw weekly resistance at 0.00737790 BTC ($51.45) and weekly support at 0.00573000 BTC ($40.16). Market sentiment is bullish. The weekly price trend is up in daily heavy volume trading.

Analytic Strategy: Objective Analysis

Objective analysis begins free of subjectivity. Interpretation of technical analysis geometric patterns, for example perceived shapes on a trading chart, is inherently subjective. This report is free of technical subjectivity to the maximum extent reasonably possible.

Disclaimer

Past history is NOT an indicator of future results. Read the legal disclaimer:

http://kittybitcoin.com/docs/disclaimer.php

Printed

This report was printed on Saturday April 07 2018 19:03 hours UTC. Contact KittyBitcoin to request custom reports. Share your thoughts with @KittyBitcoin on Twitter.

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Tags

Decred, $DCR, BTC, Bittrex, Market, Report, $DCR/BTC, altcoins