Dentacoin DCN Mining Calculator & Profitability Calculator

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.

  1. Maximum supply and demand will determine Dentacoin’s price in the future based on underlying factors like hard folks, changes to new procedures, and half-block rewards.
  2. Over the past 7 days, Dentacoin price was most positively correlated with the price of and most negatively correlated with the price of .
  3. To provide valuable insight, our team of technical analysts have conducted a thoroughanalysis of the historical price data and market trends of Dentacoin tomake Dentacoin price predictions for 2024.
  4. As the leading provider of price predictions for the cryptocurrency market, we employadvanced machine learning algorithms to generate our price predictions and marketforecasts.

What is the daily trading volume of Dentacoin (DCN)?

The website may include advertisements and other promotional content, and CryptoPredictions may receive compensation at no extra cost to you from these ads. As a technical trader, it is important to have a clear understanding of the potentialprice movements and market trends of a specific cryptocurrency. If you are currentlyholding or considering investing in Dentacoin (DCN) for the upcomingyear of 2024, you may be wondering about the potential price trajectoryand whether or not it is a viable investment opportunity.

Dentacoin Support and resistance levels

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.

How much will Dentacoin be worth in the future?

According to our current Dentacoin price prediction, the price of Dentacoin is predicted to rise by 2.05% and reach $ 0.0₅1779 by June 15, 2024. Per our technical indicators, the current sentiment is Bearish while the Fear & Greed Index is showing 70 (Greed). Dentacoin recorded 15/30 (50%) green days with 9.11% price volatility over the last 30 days. This forecast would even be of some service to day traders whose trading approach is built around trend following. But the chart below and the prediction itself would be of great use for swing and positional traders who intend to hold the coin like DCN for days if not months. We present to you comprehensive short term as well as long term predictions for over crypto assets.

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.

CryptoPredictions.com is a trusted brand providing cryptocurrency price predictions to anyone who takes an interest in knowing where the price of their favourite coins might go next. We aspire to operate on a global scale and offer our predictions in 8 languages and 33 currencies between which you can easily swap at any time. At CryptoPredictions we provide daily, monthly and yearly predictions for Dentacoin and other cryptocurrencies. While we provide one of the most accurate predictions for DCN on the market, they should never be taken as financial advice.

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.

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…

Dentacoin is the world’s first blockchain project for the dentistry industry. It uses an ERC20 token and its aim is to make dental care affordable globally. Editor-in-Chief of the BitcoinWisdom site, I’m responsible for ensuring all the content on our website is accurate, relevant, and helpful. I am a cryptocurrency advocate and I have been following the crypto space since early 2012.

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 dentacoin price prediction 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.

According to our Dentacoin forecast, the price of Dentacoin will increase by 2.86% over the next week and reach $ 0.0₅1793 by May 21, 2024. Dentacoin is predicted to lose 0.00% and reach a price of $ 0.0₅1743 tomorrow. The Dentacoin price forecast for the next 30 days is a projection based on the positive/negative trends in the past 30 days. Based on these Dentacoin projections, DCN will be changing hands at $ 0.0₅1778 on May 23, 2024, gaining 2.04% in the process.

Some candlestick formations are seen as likely to forecast bullish price action, while others are seen as bearish. Just like with any other asset, the price action of Dentacoin is driven by supply and demand. These dynamics can be influenced by fundamental events such as block reward halvings, hard forks or new protocol updates. Regulations, adoption https://turbo-tax.org/ by companies and governments, cryptocurrency exchange hacks, and other real-world events can also affect the price of DCN. The market capitalization of Dentacoin can change significantly in a short period of time. Dentacoin traders use a variety of tools to try and determine the direction in which the DCN market is likely to head next.

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.

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.

Comparing Dentacoin to other technological advances and price movements is one way to determine the long-term and short-term directions of the price prediction forecast. As of now, Dentacoin’s circulating supply is 588.11B, contributing to a market capitalization of $837.25K. When trying to make a Dentacoin forecast, many traders also try to monitor the activity of DCN “whales”, which are entities and individuals that control large amounts of DCN. Since the Dentacoin market is relatively small compared to traditional markets, “whales” can single-handedly have a big influence on Dentacoin’s price movements.

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.

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.

I have written extensively about Bitcoin and my work has appeared in some of the most respected publications. Dentacoin proved to be one of the most talked about coins in the crypto space this past year. With this in mind, it is wise to say that DCN is a good choice of investment. Traders also like to use the RSI and Fibonacci retracement level indicators to try and ascertain the future direction of the DCN price. Currently, the Dentacoin Fear & Greed Index stands at 70, which means that investors’ sentiment is in the so-called Greed zone.

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.

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