AInvest Newsletter
Daily stocks & crypto headlines, free to your inbox
Summary
• Price declined sharply from $15.43 to $14.42, forming multiple bearish engulfing patterns.
• Momentum turned bearish as RSI fell below 30, signaling potential oversold conditions.
• Volatility expanded with a 6.8% price range, exceeding 20-period Bollinger Band width.
• Volume spiked at key support levels, confirming bearish sentiment during the drop.
Decred/Tether (DCRUSDT) opened at $15.20 on 2025-12-22 12:00 ET, reached a high of $15.43, and closed at $14.42 as of 2025-12-23 12:00 ET, with a low of $14.42. Total volume for the 24-hour window was 30,696.51 DCR, and turnover reached $451,152.

DCRUSDT appears to have entered a bearish phase, with key support now at $14.30. A bounce from this level could lead to a test of the 61.8% Fibonacci retracement at $14.66. However, if the downward trend continues, further support lies at $14.00. Investors should remain cautious, as increased volatility and momentum indicators suggest the risk of further downside in the short term.
Decoding market patterns and unlocking profitable trading strategies in the crypto space

Dec.23 2025

Dec.23 2025

Dec.23 2025

Dec.23 2025

Dec.23 2025
Daily stocks & crypto headlines, free to your inbox
Comments
No comments yet