Basic Attention Token {BAT}, Decred {DCR} price analysis and delightful prospects

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Basic Attention Token is ranked at #31 in the market. The price soared at a rate of 3.58% in the course of the past 24-hours. The trading volume recorded stands at $26.480 million, whereas the supply has 1,338,750,672 BAT tokens included in circulation. The total market cap of Basic Attention Token is $260.431 million, and BAT is priced at $0.194533.

According to the BAT/USDT candlestick chart on tradingview, buyers are trying to push BAT beyond $0.20, though their pace has slowed down. The daily RSI [for 14 periods] is at 58.79 for now, after it had shot up above 60 on the 19th. The last two peaks tied to the Awesome Oscillator have been erected above the zero line [and possess the green color].

Since 13th September, the MACD line has been gliding atop the signal line, and the difference between the two is gradually increasing. All of this points to bulls dominating the performance of this currency pegged to the BRAVE browser which safeguards consumer privacy.

Decred is ranked at #32 on coinmarketcap. The price ascended at a rate of 2.11% in a matter of hours. This brought DCR all the way up to $22.76 where it currently holds. The trading volume recorded is $8.933 million, and the supply has 10,412,238 DCR coins in play. As of this moment, the total market cap of Decred is $237.012 million.

Based on the data obtained from the DCR/USDT chart [centered on information from Huobi] one can assume that this privacy-centric currency is trying to rebound in spite of sellers being active. The daily RSI is at 42.53, which indicates that DCR lingers in the neutral zone. The final Awesome Oscillator peak [for today] bears the green shade, and the three prior to this were brown. This points to a trend reversal transpiring in the near future.

Resistance can be found at $26.857, and support lies near $21.544. The MACD line is about to intersect and cross the signal line, which will result in the histogram changing color [from red to green] in a day or two.

About Post Author

Aditya Chatterjee

A specialist in comics and cryptocurrencies with an inclination towards DASH and Cardano. I have an innate desire to be a seasoned trader in the near future. Analyzing candlestick charts is a personal hobby.

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