Since it first started trading in 2016, the price of DCR, the native cryptocurrency of the Decred network, increased by 2,183.48%.
In this article, we are going to examine Decred price predictions for 2023, 2024, 2025, and 2030 and try to determine whether Decred can reach $ 1,000.00.
Decred price prediction key takeaways
Decred price prediction 2023
According to our Decred price prediction for 2023, DCR is expected to trade between $ 17.76 and $ 19.23, with an average price of $ 18.69. At the end of the year, DCR is expected to trade at $ 19.07.
Decred price prediction 2024
Decred is forecasted to reach a high of $ 69.90 next year, with an average DCR price of $ 44.05. On the low end, Decred is expected to bottom out at $ 17.56 in 2024. By the end of the year, we could see Decred change hands at $ 47.52.
Decred price prediction 2025
In 2025, Decred could see a peak price of $ 49.59 and a low of $ 17.55. The average Decred price prediction for 2025 is $ 30.51. By year’s end, DCR is expected to trade at $ 17.55.
Decred price prediction 2030
On a longer time scale, our Decred price forecast for 2030 projects DCR to reach a maximum price of $ 29.00. Conversely, DCR could trade as low as $ 11.58 during the year, whereas the average Decred price is predicted to move around $ 15.34. By the end of 2030, Decred is predicted to trade at $ 13.71.
Decred (DCR) overview
| Cryptocurrency | Decred |
|---|---|
| Ticker | DCR |
| Market Cap | $ 352.80M |
| 24H Trading Volume | $ 35.05M |
| Circulating Supply | 15.74M |
| Total Supply | 21.00M |
| 7-Day Price Change | 53.61% |
| 1-Month Price Change | 58.65% |
| 1-Year Change | 15.85% |
| Decred ROI | 2,183.48% |
| All-Time High | $ 248.38 |
| All-Time Low | $ 0.394796 |
With a circulating supply of 15.74M DCR, the Decred cryptocurrency project commands a market cap of $ 352.80M, good for the 163rd spot in the crypto market.
In the last 24 hours, $ 35.05M worth of DCR changed hands across 14 crypto exchanges, with Binance accounting for the largest share of DCR trading volume.
Decred price history
The price of Decred has been trending in the positive direction in the past 24 hours, increasing by 39.63% to $ 22.42. In the past week, Decred’s price gained 53.61%.
In addition, Decred gained 58.65% in the past month, having traded in the green zone in 20 of the last 30 days.
On a longer time horizon, Cardano saw positive price activity in the last 3 months, underscored by the 58.65% move to the top. Meanwhile, the price of DCR increased by 15.85% in the past year. Overall, Decred is trading up 2,183.48% since it first started trading in 2016.
Decred technical analysis
Based on technical indicators tracked by InvestMage, investor sentiment regarding Decred is currently bullish, with medium volatility score of 4.88% (volatility is a measure of an asset’s price fluctuations).
Decred is changing hands below the 200-day simple moving average (SMA), a common bullish signal. Also, the price of DCR is currently below the 50-day SMA, which is widely regarded as a bullish indicator.
The Fear & Greed Index, a popular measure of market sentiment, is 73 (Greed). Meanwhile, RSI (Relative Strength Index), a popular market momentum indicator, is at 66.61, indicating that DCR is changing hands in undervalued zone. Overall, there are 24 technical analysis indicators that indicate bullish market activity, and 6 that forecast bearish activity for Decred.
Decred price predictions 2023-2030
| Year | Minimum Price | Average Price | Maximum Price |
|---|---|---|---|
| 2023 | $ 17.76 | $ 18.69 | $ 19.23 |
| 2024 | $ 17.56 | $ 44.05 | $ 69.90 |
| 2025 | $ 17.55 | $ 30.51 | $ 49.59 |
| 2026 | $ 16.08 | $ 17.57 | $ 22.97 |
| 2027 | $ 14.47 | $ 15.35 | $ 19.55 |
| 2028 | $ 15.82 | $ 82.85 | $ 147.56 |
| 2029 | $ 14.48 | $ 47.71 | $ 92.80 |
| 2030 | $ 11.58 | $ 15.34 | $ 29.00 |
According to our long-term Decred prediction, the cryptocurrency is expected to reach a high point of $ 147.56 at some point in June 2028. On the other end of the spectrum, Decred could bottom out at $ 11.58 in December 2030. Per the prediction, Decred will have the highest average price of $ 82.85 in 2028.
With a brief overview of Decred price predictions for 2023 to 2030 in the rearview mirror, let’s dive deeper into separate yearly price predictions for DCR.
Decred price prediction 2024
| Month | Minimum Price | Average Price | Maximum Price |
|---|---|---|---|
| January | $ 17.56 | $ 18.88 | $ 20.75 |
| January | $ 20.56 | $ 23.83 | $ 27.14 |
| March | $ 23.99 | $ 27.81 | $ 36.09 |
| March | $ 35.71 | $ 44.75 | $ 51.58 |
| April | $ 48.00 | $ 52.16 | $ 56.21 |
| May | $ 53.90 | $ 60.66 | $ 69.90 |
| June | $ 57.01 | $ 62.72 | $ 67.99 |
| August | $ 38.89 | $ 49.30 | $ 62.04 |
| September | $ 37.62 | $ 43.13 | $ 47.81 |
| October | $ 35.83 | $ 42.98 | $ 48.56 |
| October | $ 42.51 | $ 48.36 | $ 55.34 |
| December | $ 48.80 | $ 53.96 | $ 58.43 |
In 2024, Decred is forecasted to trade in a price channel between $ 17.56 and $ 69.90. On average, DCR is expected to change hands at $ 44.05 during the year. The most bullish month per DCR could be June, when the currency could trade 211.84% higher than today.
Decred price prediction 2025
| Month | Minimum Price | Average Price | Maximum Price |
|---|---|---|---|
| January | $ 36.74 | $ 42.84 | $ 49.59 |
| February | $ 39.53 | $ 42.50 | $ 47.63 |
| March | $ 36.52 | $ 39.37 | $ 42.15 |
| May | $ 29.20 | $ 35.83 | $ 39.61 |
| May | $ 27.28 | $ 29.44 | $ 31.41 |
| June | $ 25.09 | $ 26.76 | $ 29.31 |
| August | $ 25.17 | $ 27.67 | $ 28.90 |
| August | $ 24.26 | $ 25.19 | $ 26.92 |
| September | $ 24.80 | $ 26.68 | $ 28.00 |
| October | $ 25.19 | $ 26.50 | $ 28.34 |
| November | $ 19.52 | $ 21.83 | $ 25.79 |
| December | $ 17.55 | $ 19.81 | $ 21.34 |
Generally speaking, Decred price prediction for 2025 is bullish. The DCR cryptocurrency is forecasted to hit a high point of $ 49.59 in December and reach a low of $ 17.55 in December. Overall, Decred is expected to trade at an average price of $ 30.51 in 2025.
Decred price prediction 2030
| Month | Minimum Price | Average Price | Maximum Price |
|---|---|---|---|
| December | $ 13.79 | $ 14.69 | $ 16.41 |
| January | $ 13.88 | $ 15.97 | $ 18.88 |
| April | $ 17.79 | $ 21.02 | $ 29.00 |
| May | $ 15.47 | $ 17.90 | $ 19.32 |
| May | $ 15.28 | $ 16.11 | $ 16.81 |
| June | $ 16.02 | $ 17.04 | $ 17.91 |
| July | $ 11.96 | $ 13.06 | $ 17.33 |
| August | $ 12.06 | $ 13.05 | $ 13.75 |
| September | $ 11.69 | $ 12.24 | $ 13.74 |
| October | $ 13.34 | $ 14.60 | $ 15.35 |
| December | $ 14.18 | $ 15.30 | $ 16.61 |
| December | $ 11.58 | $ 12.85 | $ 14.05 |
In the long term, Decred could reach a price of $ 29.00 in March. That’s a rather optimistic scenario, as DCR could trade as low as $ 11.58 in December. Overall, DCR’s price is projected to hover at around $ 15.34 in 2030, about -31.55% below the current price of $ 22.42.
Decred price prediction FAQs
According to InvestMage’s prediction, Decred could gain as much as 558.3% by 2028, making it a potentially good investment. Keep in mind that the prediction is not set in stone and we could easily see Decred either surpass or not reach the price targets outlined in this article.
Decred would need to gain 4,461.18% to reach $ 1,000.00.
In 2023, Decred is predicted to trade in a price range between $ 19.23 and $ 17.76, with the average price being $ 18.69. The average price is about -16.64% lower than Decred’s current price.
Decred is projected to trade in a price range between $ 69.90 and $ 17.56, with the average price of $ 44.05 throughout the year. The price of Decred is expected to increase by 96.5% in 2024 (compared to Decred’s current price).
Decred is forecasted to change hands in a price channel bound by $ 49.59 on the high end and $ 17.55 on the low end. Decred is expected to have an average price of $ 44.05 in 2025, which is about 36.12% higher than Decred’s current price of $ 22.42.
The Decred price algorithm predicts that DCR will move between $ 29.00 and $ 11.58 in 2030, with the average price being $ 15.34, about -31.55% lower compared to DCR’s current price.
According to the InvestMage predictions, Decred is expected to go up in value by 96.5% by next year. In 2024, the DCR cryptocurrency could trade up 36.12% compared to today. By 2030, Decred’s price is expected to decrease by -31.55%, and reach $ 15.34.
The price of Decred is algorithmically predicted using historical market price data for DCR and a combination of technical indicators, including RSI, Stoch RSI, SMA50, SMA200, EMA, and several others.
About the Author: Dave N. Clarke
