Let’s use a 1-hour candlestick chart as an example of how this type of price chart gives us information about opening and closing prices. The chart is divided into “candles” that give us information about Dentacoin’s price action in 1-hour chunks. Each candlestick will display DCN’s opening price, closing price, as well as the highest and lowest prices that Dentacoin reached within the 1-hour period. The current Dentacoin sentiment is bearish according to our technical analysis. The Dentacoin price prediction for next week is between $ 0.0₅1784 on the lower end and $ 0.0₅1760 on the high end.
Stay ahead of crypto, with us
The fluctuating value of cryptocurrencies will probably impact Dentacoin’s price. MAs (Moving averages) is one of the strongest tools for predicting a Dentacoin forecast. A moving average is used to split the average price of Dentacoin across a timeframe into many segments that are each of identical length. In addition to the simple moving average (SMA), traders also use another type of moving average called the exponential moving average (EMA). The EMA gives more weight to more recent prices, and therefore reacts more quickly to recent price action.
Related Predictions
It’s also important to pay attention to the color of the candle – a green candle means that the closing price was higher than the opening price, while a red candle tells us the opposite. Some charts will use hollow and filled candlestick bodies instead of colors to represent the same thing. There is no specified amount you should invest in Dentacoin, our best investment advice is to only invest what you can afford to lose. Because Dentacoin has strong fundamentals and a lot of people are invested in this cryptocurrency, we predict that the future for DCN looks promising. Investors should conduct their own research and analysis before making any investment decisions.
Is Dentacoin a good investment?
- Dentacoin’s maximum supply is used by moving averages to calculate predicted pricing.
- The information contained on this Website is provided for general informational purposes only.
- The current trading volume for Dentacoin has decreased by -11.04% over the past 30 days.
- You are about to read the comprehensive Dentacoin price prediction, which describes the current occurrences on the DCN market and offers an exclusive forecast that covers the period from 1 to 5 years.
- The editorial staff of the website does not bear any responsibility whatsoever for the content of the comments or reviews made by the site users about cryptocurrencies.
The Simple Moving Averages (SMA) are also discussed during the technical analysis. This shows that every data collection interval is significant and dispersed. At the beginning of the assessment, the most current data element is placed at the beginning. If you would like to know where to buy Dentacoin at the current rate, the top cryptocurrency exchanges for trading in Dentacoin stock are currently LATOKEN, HitBTC, Mercatox, and 1inch Liquidity Protocol.
Dentacoin Fundamental Analysis
The 50-day SMA indicates the average price of Dentacoin over a 50-day period. The 50-day SMA is commonly used to gauge the price trend of an asset over an intermediate period of time. A rising 50-day SMA indicates a positive DCN price trend in the medium term, while a dropping SMA indicates the opposite. According to our Dentacoin price prediction, DCN is forecasted to trade within a price range of $ 0.0₅1705 and $ 0.0₅9227 next year. Dentacoin will increase by 536.43% and reach $ 0.0₅9227 if it reaches the higher value target for 2025.
When the price of an asset moves above the upper band, it may indicate that the asset is overbought and a sell signal. When the price falls below the lower band, it may indicate that the asset is oversold and a buy signal. Historically the price of DCN last day of May was above the open price four times out of 7, and 3 out of 7 the price was lower than the price at the start of the month. The best month for Dentacoin has been December for the last eight years, six times the price of DCN at the end of December was higher than the price at the start of the month. The worst month is September, six times out of 8, the price at the end of September was lower than starting price. The 14-day relative strength index (RSI) is currently at 41.26, indicating Natural conditions in the market without being oversold or overbought.
However, it’s important to consider both technical factors (price history) and fundamental factors (on-chain activity and development) before making the decision to buy Dentacoin or not. Dentacoin price is correlated with the top 10 coins by market cap with a price of , excluding Tether (USDT) and correlated with the top 100 coins by market cap excluding all stablecoins with a price of . The trading volume of Dentacoin (DCN) is $422.10 in the last 24 hours, representing a -44.70% decrease from one day ago and signalling a recent fall in market activity. Bollinger Bands are often used by traders to identify potential entry and exit points for a trade.
Adding Dentacoin (DCN) to MetaMask allows you to view your token holdings, trade on decentralized exchanges, and more. You can copy DCN’s contract address (0x08d32b0da63e2c3bcf8019c9c5d849d7a9d791e6) and import it manually, or if you’ve installed MetaMask’s chrome extension, add DCN to MetaMask with one click on CoinGecko. This graph contains dummy data, create an account to view the real predictions.
The amount of sophistication that traders wish to observe in these candlesticks, which depict the fluctuation of the https://turbo-tax.org/, is up to them. The trading sector has been investing highly in digital coins since their creation. Most investors choose to gain from owning the largest supply possible to get the best prices on crypto trading.
The current prices, historical prices and other market data that help us make our predictions to what they are today are provided by the world’s largest independent source of reliable cryptocurrency data, CoinGecko. Furthermore, our predictions take into account potential market events and news that mayimpact the price of Dentacoin, such as the implementation of new technologies orpartnerships within the Dentacoin ecosystem. With this comprehensive analysis,investors can make a more informed decision on whether to hold, buy, orsell Dentacoin in 2024. Additionally, our predictions can assistinvestorsin determining if the price of DCN will surpass its all-time high andprovide a better idea of what Dentacoin will be worth in 2024.
The Dentacoin price prediction on CoinCodex is calculated using the historical Dentacoin price dataset, accounting for past volatility and market movements. In addition, the algorithm uses the cyclical nature of Bitcoin halvings, which introduce extra supply-side pressure on BTC every 4 years. This has historically played a pivotal role in cryptocurrency markets and is a major component of creating a realistic Dentacoin prediction. Many cryptocurrency traders pay close attention to the markets when the current Dentacoin price crosses an important moving average like the 200-day SMA. Dentacoin’s 50-day SMA (simple moving average) is currently $ 0.0₅1665.
Reprint of the materials is available only with the permission of the editorial staff. Risk assets in traditional markets came under pressure as the accumulated overheating in equities (especially in techs) accompanied a trigger… When shown, it also makes it possible for average expected values and a Dentacoin price increase to exist. A trustworthy metric for quantifying price prediction is created by analyzing the effect of a dependent variable on currency movements. The 200-day SMA is calculated by taking Dentacoin’s closing prices in the last 200 days, adding them together, and dividing the total by 200. The 50-day SMA is calculated by adding together Bitcoin’s closing prices in the last 50 days, and dividing the total by 50.
Utilize our cutting-edge technology togain a competitive edge in your trading strategies. The cryptocurrency market uses moving averages to predict Dentacoin prices. The crypto market uses these measures to tell investors whether cryptocurrencies are a profitable investment. They also provide the strongest statistics on Dentacoin’s highest price. Dentacoin’s maximum supply is used by moving averages to calculate predicted pricing.
Based on today’s classical pivot point (P1) with the value of $ 0.0₅1389, Dentacoin has support levels of $ 0.0₅1263, $ 0.0₅1009, and the strongest at $ 0.0₆8826. Similarly, Dentacoin resistance levels are at $ 0.0₅1643, $ 0.0₅1769, and $ 0.0₅2023. Based on the historical price movements of Dentacoin and the BTC halving cycles, the yearly low dentacoin price prediction for 2025 is estimated at $ 0.0₅1705.
Considering the existing supply, the technical analysis also forecasts that Dentacoin’s value will hit its peak. The following technical indicators can provide information about the potential price range for Dentacoin. Moving averages are among the most popular Dentacoin price prediction tools. As the name suggests, a moving average provides the average closing price for DCN over a selected time frame, which is divided into a number of periods of the same length. For example, a 12-day simple moving average for DCN is a sum of DCN’s closing prices over the last 12 days which is then divided by 12.
To get a better idea of what could happen to the Dentacoin price in the future, it’s helpful to also explore Dentacoin’s price history. Over the past 7 days, Dentacoin price was most positively correlated with the price of and most negatively correlated with the price of . Keep me updated by email with the latest crypto news, signals, research, events, coin listings and more from Coinranking. It’s important to note that the content on the Bitnation website shouldn’t be considered investment advice. Regulations governing cryptocurrencies vary by jurisdiction and may change over time, which could impact the legality and use of cryptocurrencies. If you are planning to trade crypto, please consult a financial adviser.
The Fear & Greed Index combines several market and investment indicators, including 30- and 90-day volatility, trading volume, social media activity, and Google Trends data. The Fear & Greed Index can be a useful measure of Dentacoin investors’ sentiment, and is based primarily on Bitcoin-related market data. The information contained on this Website is provided for general informational purposes only. All predictions on the website represent a possible price development of cryptocurrencies, but they are just predictions, not trading signals or any recommendations.
Meanwhile, the price of Dentacoin is predicted to reach as high as $ 0.0₅9227 next year. Using the same basis, here is the Dentacoin price prediction for each year up until 2030. The most popular exchange to buy and trade Dentacoin is HitBTC, where the most active trading pair DCN/ETH has a trading volume of $37.87 in the last 24 hours.
You should also be aware of the potential for loss, and only invest what you can afford to lose. NordFX Copy Trading stands out as a streamlined yet potent avenue for individuals eager to augment their financial capacity. This platform serves as a conduit for veteran traders to gain supplementary profits by marketing their trade signals…