The 50-day SMA is commonly used to gauge the price trend of an asset over an intermediate period of time. A rising 50-day SMA indicates a positive DCN price trend in the medium term, while a dropping SMA indicates the opposite. Moving averages (MA) are a popular indicator in all financial markets, designed to smooth price action over a certain amount of time. They are a lagging indicator which means they are influenced by historical price activity. In the table below you can find two types of moving averages, simple moving average (SMA) and exponential moving average (EMA). The outlook for Dentacoin in 2027 indicates a possible downtrend, with an expected price of $ 0.0₅1342.
What will the price of Dentacoin be next week?
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. Based on today’s classical pivot point (P1) with the value of $ 0.0₅1494, Dentacoin has support levels of $ 0.0₅1351, $ 0.0₅1242, and the strongest at $ 0.0₅1098. Similarly, Dentacoin resistance levels are at $ 0.0₅1603, $ 0.0₅1747, and $ 0.0₅1855.
In , () is anticipated to change hands in a trading channel between and , leading to an average annualized price of . This could result in a potential return on investment of compared to the current rates. According to one of Dentacoin team members, their target group “does not necessarily consist of tech-savvy people”, giving it an additional barrier that many other cryptocurrencies don’t face. Finally, if Dentacoin begins gaining market share, it may find itself competing against other similar products developed by competitors with more funding and industry connections. This suggests that Dentacoin price is unlikely to see major growth barring significant breakthroughs that allow it to quickly secure market share from more conventional rivals.
Ideally, your Dentacoin wallet even has additional compatible versions for desktop platforms such as MacOS and Windows. They can help the project improve its potential and market position. Only 2 out of 13 developers in the Dentacoin Foundation team are related to dentistry.
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According to our Dentacoin forecast, the price of Dentacoin will decrease by -3.74% over the next week and reach $ 0.0₅1432 by January 4, 2025. Based on multiple technical quantitative indicators, the current forecast for Dentacoin in 2024 is bearish. 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.
- 1-hour, 4-hour and 1-day candlestick charts are among the most popular.
- The Dentacoin price prediction for next week is between $ 0.0₅1434 on the lower end and $ 0.0₅1445 on the high end.
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- Dentacoin will decrease by -3.57% and reach $ 0.0₅1434 by Jan 06, 2025 if it reaches the higher value target.
Daily Simple Moving Average (SMA)
It’s important to look out for a Dentacoin wallet that allows you to manage your DCN tokens easily. This means that the turnover of the coin is quite simple, since it is supported by any Ethereum wallet. The DCN coin was created primarily as a means of paying for dental services. In addition, it is convenient for the purchase of various dental products (e.g. equipment and ordinary toothpaste), both by specialists and ordinary users. December is the best month, and June is the worst by analysing data of the last eight years.
Dentacoin Price Prediction for 2024
Based on our technical indicators, Dentacoin’s 200-day SMA will rise in the next month and will hit $ 0.0₆7867 by Jan 29, 2025. Dentacoin’s short-term 50-Day SMA is estimated to hit $ 0.0₅1566 by Jan 29, 2025. Dentacoin has managed to attract some attention in the dental world, but it is going to have a very difficult time breaking into the market. It currently only has partnerships with 23 dental practices, some of which are either managed by or affiliated with Dentacoin team members, including one that was purchased to serve as a trial for the platform. Risk assets in traditional markets came under pressure as the accumulated overheating in equities (especially in techs) accompanied a trigger…
- While Dentacoin is not mineable, it can currently be obtained by writing reviews of dentists on its review platform, as well as by engaging with its app and polling platforms once those are rolled out.
- Based on today’s classical pivot point (P1) with the value of $ 0.0₅1494, Dentacoin has support levels of $ 0.0₅1351, $ 0.0₅1242, and the strongest at $ 0.0₅1098.
- Dentacoin price currently sits above all 10,20,50,100, and 200-day EMAs.
- Each candlestick will display DCN’s opening price, closing price, as well as the highest and lowest prices that Dentacoin reached within the 1-hour period.
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- If you’re new in crypto or simply looking for a secure place to store your DCN, a Dentacoin mobile wallet may be suitable regarding its convenience, security, privacy, and backup features.
As of now, Dentacoin’s circulating supply is 588.11B, contributing to a market capitalization of $1.47M. 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 dentacoin price prediction markets, “whales” can single-handedly have a big influence on Dentacoin’s price movements. The 200-day SMA is a popular indicator that’s used to determine an asset’s long-term price trend. A rising Dentacoin 200-day SMA indicates a positive long-term trend. Meanwhile, a falling 200-day SMA shows that DCN has been trending downwards over the long term.
This means that the more security features your Dentacoin wallet has, the better it is. Some of the most effective features include PIN code and fingerprint verification, Two-factor (2-FA) authentication, Passphrase (Backup phrase), Multi-signature, etc. If you are a new user, you definitely would not want to get stuck with a Dentacoin wallet that is hard to function, verbally confusing or visually unattractive. A good Dentacoin wallet should give you full control over your private keys. Some Dentacoin wallets are able to convert your private key into encrypted forms. If you are using more than just one mobile device, your Dentacoin wallet should be available to download across multiple platforms such as Android and iOS.
As DCN is a low trade volume cryptocurrency, its price can experience higher volatility compared to more highly liquid coins. Therefore, while it has the potential to rally quickly, it can also drop just as fast. Look at this coin more cautiously please check the coin page and do more research. However, our algorithmic prediction system suggests that the price may exceed this level and reach as high as $0.0580 within the next ten years. Dentacoin’s 50-day SMA (simple moving average) is currently $ 0.0₅1201. The 50-day SMA indicates the average price of Dentacoin over a 50-day period.