Decred should be done relaxing on the yellow beach strip between $35.04 and $6.98 – or rather on the support at $19.87. As the altcoin has already finished wave (2) in yellow, we expect it to get up and hop above the resistance at $84.82. Once there, Decred should gain enough upwards momentum to make it above the next mark at $191.48 as well. However, there is a 45% chance that the altcoin could drop below the support at $19.87 instead and develop a new low in the course of wave alt.(2) in yellow.

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.