Decred Closer to a Breakout

15 nov 2017

I think Decred is inching closer towards breaking out of the symmetrical triangle pattern that it's in. My guess is we break out before the end of 2017 and begin a rally towards a much higher price base.

23 nov 2017

Commento

Looks like we may have broken out of the triangle already...didn't expect it to happen this quickly. I expect DCR to move higher and break the USD all time high of $55 in the coming days/weeks. At that point, we will be approaching uncharted territory and there's no telling where the price will end up. Eventually, I expect DCR to challenge its old all time high priced in BTC terms (around 0.02), which would put the price target at $160+ using the current Bitcoin price of $8,200.