This suggests that most of those who own Dentacoin are holding on to it, rather than trading on small market fluctuations. CoinCodex tracks 38,000+ cryptocurrencies on 200+ exchanges, offering live prices, price predictions, and financial tools for crypto, stocks, and forex traders. The DCN cryptocurrency is forecasted to hit a high point of $ 0.0₅1572 in January and reach a low of $ 0.0₅1334 in October. Overall, DCN is expected to trade at an average price of $ 0.0₅1399 in 2026. Tokens, just like stocks, raw materials or consumer goods, have their price fundamentally governed by supply dentacoin price prediction and demand.
Dentacoin (DCN) has not yet appeared on Binance and other top exchanges. So do not confuse it with Dent coin, which is available on both Binance and Bittrex. The usage of this website constitutes acceptance of the following legal information. Any contracts of financial instruments offered to conclude bear high risks and may result in the full loss of the deposited funds.
The 50-day SMA is calculated by adding together Bitcoin’s closing prices in the last 50 days, and dividing the total by 50. The current Dentacoin sentiment is bearish according to our technical analysis. Based on our Dentacoin prediction chart, the price of Dentacoin will increase by 0.00% and reach $ 0.0₅1487 by Dec 31, 2024.
The most bullish month for DCN could be March, when the currency is anticipated to trade 137.08% higher than today. This guide will help you pick out the best Dentacoin wallet to manage your DCN tokens, as well as giving some price predictions for Dentacoin given by experts from the major crypto sites. However, being invested in DCN or other cryptocurrencies isn’t the walk in the park.
Weekly Exponential Moving Average (EMA)
Most traders use candlestick charts, as they provide more information than a simple line chart. 1-hour, 4-hour and 1-day candlestick charts are among the most popular. 50-day, 100-day and 200-day moving averages are among the most commonly used indicators in the crypto market to identify important resistance and support levels. If the DCN price moves above any of these averages, it is generally seen as a bullish sign for Dentacoin. Conversely, a drop below an important moving average is usually a sign of weakness in the DCN market. The Dentacoin price prediction on CoinCodex is calculated using the historical Dentacoin price dataset, accounting for past volatility and market movements.
- This has historically played a pivotal role in cryptocurrency markets and is a major component of creating a realistic Dentacoin prediction.
- The DCN cryptocurrency is forecasted to hit a high point of $ 0.0₅1572 in January and reach a low of $ 0.0₅1334 in October.
- When trying to predict the Dentacoin price, traders also try to identify important support and resistance levels, which can give an indication of when a downtrend is likely to slow down and when an uptrend is likely to stall.
- Competing and building value in a market like that can be difficult for cryptocurrencies, which tend to be viewed with skepticism by government regulators.
- Based on multiple technical quantitative indicators, the current forecast for Dentacoin in 2024 is bearish.
Dentacoin (DCN) Price Prediction 2023: the Coin’s Future
Over the next five days, Dentacoin will reach the highest price of $ 0.0₅1487 tomorrow, which would represent 1.46% growth compared to the current price. 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. The website may include advertisements and other promotional content, and CryptoPredictions may receive compensation at no extra cost to you from these ads.
Dentacoin Price Prediction: How Much Will 1 DCN Cost in 2025?
In a more general sense, the dental industry is not an easy one to enter. According to recent market reports, many aspects of it are dominated by a small number of large corporations, and it is characterized by strong regulation and high costs. Competing and building value in a market like that can be difficult for cryptocurrencies, which tend to be viewed with skepticism by government regulators. Dentacoin (DCN) is a blockchain-based token, which offers blockchain solutions for the global dental industry.
Dentacoin Forecast, Short-Term DCN Price Prediction for next week
The Fear & Greed Index can be a useful measure of Dentacoin investors’ sentiment, and is based primarily on Bitcoin-related market data. Dentacoin is predicted to finish the year by changing hands in a trading channel between $ 0.0₅1487 and $ 0.0₅1487. This would entail that the price of DCN increased by 1.46% in comparison to today’s prices (assuming December’s average price of $ 0.0₅1487). In other words, investors would generate a potential profit of 1.46% if DCN follows the prediction. Some institutional investors even consider crypto as an efficient hedging instrument against the soaring inflation and the turmoils in the global economy. The highest price ever recorded for DCN was $0.00593, which we consider to be a key level for the price of Dentacoin to potentially return to in the next bull run.
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. The RSI (Relative Strength Index) is a very popular technical indicator used to analyze prices of a variety of assets, including Dentacoin.
Not to mention predicting something so perfect is completely impossible. No, Dentacoin price will not be downward based on our estimated prediction. The Relative Strength Index (RSI) momentum oscillator is a popular indicator that signals whether a cryptocurrency is oversold (below 30) or overbought (above 70). Currently, the RSI value is at 53.08, which indicates that the DCN market is in a neutral position. It’s never been an excessive amount of work to look for independent online reviews of any Dentacoin wallet you’re considering to use. It’s important to look out for a Dentacoin wallet that offers layers of security.
- Together, these two factors suggest that, in the short-to-medium term, Dentacoin price is likely to follow the movements of the cryptocurrency market as a whole.
- The website may include advertisements and other promotional content, and CryptoPredictions may receive compensation at no extra cost to you from these ads.
- If the platform shows its viability, then the next few years will be turning points for blockchain dentistry.
- The 50-day SMA is calculated by adding together Bitcoin’s closing prices in the last 50 days, and dividing the total by 50.
We present to you comprehensive short term as well as long term predictions for over crypto assets. 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. According to our current Dentacoin price prediction, the price of Dentacoin is predicted to drop by -5.11% and reach $ 0.0₅1411 by January 29, 2025. Per our technical indicators, the current sentiment is Bearish while the Fear & Greed Index is showing 73 (Greed). Dentacoin recorded 13/30 (43%) green days with 31.59% price volatility over the last 30 days. Based on the Dentacoin forecast, it’s now a bad time to buy Dentacoin.
The readings produced by the RSI indicator range from 0 to 100, with 30 and 70 being important levels. An RSI reading under 30 indicates that the asset is currently undervalued, while an RSI reading above 70 indicates that the asset is currently overvalued. Many cryptocurrency traders pay close attention to the markets when the current Dentacoin price crosses an important moving average like the 200-day SMA. 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.