Decred (DCR) price rises against the trend to $28, defying the market trend. Analysts emphasize its tightening supply. With over 72% of the supply locked, liquidity remains at about 27%, reducing selling pressure and supporting the price. Technical indicators show bullish dominance. If the upward momentum continues, short-term target prices could be $30 and $40.
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Decred (DCR) price rises against the trend to $28, defying the market trend. Analysts emphasize its tightening supply. With over 72% of the supply locked, liquidity remains at about 27%, reducing selling pressure and supporting the price. Technical indicators show bullish dominance. If the upward momentum continues, short-term target prices could be $30 and $40.