$DCR is Heating Up! Bullish Momentum Alert 📈
Decred (DCR) is showing some serious strength today! Looking at the 15m chart, we’ve seen a massive surge, climbing over +31% to hit the $24.75 mark.
Key Observations:
Strong Trend: The price is trading well above the MA(7), MA(25), and MA(99), signaling a clear short-term bullish trend.
Volume Spike: Buying volume is backing this move, which is always a good sign for sustainability.
RSI Check: The RSI(6) is currently around 85, indicating the asset is in the overbought zone. While the momentum is strong, keep an eye out for a healthy cooling-off period or a minor retest of support.
What’s Next?
If DCR can hold above the $24.00 psychological level, we might see a test of the recent high at $24.95. However, stay sharp—volatility is high!
DCR
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