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. The DeepBrain Chain price prediction on CoinCodex is calculated using the historical DeepBrain Chain 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.
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 DBC price moves above any of these averages, it is generally seen as a bullish sign for DeepBrain Chain. Conversely, a drop below an important moving average is usually a sign of weakness in the DBC market. Many cryptocurrency traders pay close attention to the markets when the current DeepBrain Chain price crosses an important moving average like the 200-day SMA. As a technical trader, it is imperative to have access to the most recent tools and resources to remain competitive in the ever-changing market environment. By subscribing to our platform, you will gain exclusive access to a comprehensive collection of trading resources, including advanced DeepBrain Chain technical analysis, state-of-the-art DBC algorithmic trade signals, and much more.
Historically the price of DBC last day of October was above the open price three times out of 6, and 3 out of 6 the price was lower than the price at the start of the month. The best month for DeepBrain Chain has been December for the last seven years, three times the price of DBC at the end of December was higher than the price at the start of the month. The worst month is June, five times out of 7, the price at the end of June was lower than starting price. The 7-day trend for DeepBrain Chain has exhibited bearish characteristics, indicating a potential short-term buying opportunity for DBC as investors look to capitalize on the dip. Over the past 7 days, DeepBrain Chain has exhibited bearish tendencies, as the coin has experienced a decline of 13.25%.
For some coins with little to no data points and inexistent historical data the model by default will show a positive price prediction. There is no way for our AI bot to decipher whitepaper, tokenomics and team integrity. The coin’s price that you are about to see below can fall drastically depending on many factors, so please invest wisely after checking the team and project’s whitepaper. This dekado coin rate current price prediction is done by a machine crunching numbers and the model is still in the early beta stages. Although the best engineers are currently tweaking and updating the algorithm, no human has verified the price predicted below, so please use your discretion and make a decision wisely. The purpose of a moving average (MA) is to smooth price action over a certain amount of time.
The circulating supply for DeepBrain Chain is 3,200,000,000, resulting in a total market cap of $7,283,332. According to our price prediction, our analysis suggests that DeepBrain Chain is currently a smart investment. Below you can see the DeepBrain Chain hourly, daily, weekly and monthly price predictions. These predictions aim to give you an indication of what DeepBrain Chain will be worth in one hour, today, tomorrow, over the next week and next month. © 2023 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided ‘as-is’ and solely for informational purposes, not for trading purposes or advice, and is delayed.
What is the current trading price of DeepBrain Chain (DBC) today?
Get latest crypto prices, predictions,
news, and historical data for Bitcoin and thousands of altcoins. DeepBrain Chain’s long term Price Prediction below is a look at DBC’s future prospect with regards to price. DeepBrain Chain was last seen at $0.0022, with a market cap of $7,315,053 and trading volumes of $336,912. DBC’s price prediction is possible by analyzing historical price action, current developments and social sentiment from the community.
As a technical trader, it is crucial to have a defined stop-loss in place and to always maintain a proper risk-reward ratio. It is never advisable to overextend oneself financially in the pursuit of gains in the market. The key to successful trading is to remain disciplined and adhere to a well-defined trading plan. As of the most recent trading session, DeepBrain Chain (DBC) has a trading price of $0.00228, and a market cap of $7,283,332. Over the past 24 hours, DeepBrain Chain has encountered a decline of 3.98%.
Moving averages are a lagging indicator which means they are based on previous price action. In the table below you can find two types of moving averages, simple moving average in the manner of a saga (SMA) and exponential moving average (EMA). The cryptocurrency market is characterized by its high volatility, making it a challenging environment for price forecasting.
- DeepBrain Chain has struggled to gain traction over the past 7 days, experiencing a decrease of 13.25%.
- Some charts will use hollow and filled candlestick bodies instead of colors to represent the same thing.
- As a technical trader, it is crucial to have a defined stop-loss in place and to always maintain a proper risk-reward ratio.
DeepBrain Chain produces its own wallet software that is available for download on its website, which allows you to store DeepBrain Chain on your computer. Bitcoin, Bitcoin Cash, Ethereum, Litecoin and other popular cryptocurrencies can be purchased with U.S. dollars using Coinbase. Once you have purchased Bitcoin using Coinbase, you can then transfer your Bitcoin to an exchange such as Binance to purchase other cryptocurrencies, including DeepBrain Chain. One of the important aspects of DNNs is the automatic feature selection strategy that can reduce possible limitations of manual approach. Feature selection demands an understanding of the target environment and knowledge of its significance; network performance can be largely affected by the selected features.
DeepBrain Chain (DBC) Market Forecast 2027
Speculate on cryptocurrency pairs with a broker that has ultra low spreads – FP Markets. Buy and Sell over 150 coins on the world’s biggest crypto exchange – Binance. Currencies that are positively correlated with DeepBrain Chain indicate that the movement of one has a statistically significant weight to lead the other in the same direction. For currencies that are negatively correlated with DeepBrain Chain, a move in one direction for DeepBrain Chain would translate into a move in the opposite direction for the negatively correlated coin.
These resources are specifically designed to aid traders in making data-driven decisions and maximizing their returns. With our cutting-edge tools and analysis, you will be well-equipped to navigate the market and achieve success in your trading endeavors. Don’t miss out on this opportunity to elevate your trading game, sign up now. Furthermore, our predictions take into account potential market events and news that may impact the price of DeepBrain Chain, such as the implementation of new technologies or partnerships within the DeepBrain Chain ecosystem. With this comprehensive analysis, investors can make a more informed decision on whether to hold, buy, or sell DeepBrain Chain in 2027. Additionally, our predictions can assist investors in determining if the price of DBC will surpass its all-time high and provide a better idea of what DeepBrain Chain will be worth in 2027.
Let’s use a 1-hour candlestick chart as an example of how this type of price chart gives us information about opening and closing prices. The chart is divided into “candles” that give us information about DeepBrain Chain’s price action in 1-hour chunks. Each candlestick will display DBC’s opening price, closing price, as well as the highest and lowest prices that DeepBrain Chain reached within the 1-hour period.
Bitcoin is a successful cryptocurrency, and it has been extensively studied in fields of economics and computer science. Just like with any other asset, the price action of DeepBrain Chain 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 by companies and governments, cryptocurrency exchange hacks, and other real-world events can also affect the price of DBC. The market capitalization of DeepBrain Chain can change significantly in a short period of time. Based on technical analysis, the DBC is projected to hit a peak value of $0.0132 by the end of 2027.
About DeepBrain Chain (DBC)
We making a forecast of future prices for huge amounts of digital coins like DeepBrain Chain with technical analysis methods. Trading and investing in digital assets is how to buy amp token highly speculative and comes with many risks. The analysis / stats on CoinCheckup.com are for informational purposes and should not be considered investment advice.
Does DeepBrain Chain have a future?
DeepBrain Chain (DBC) Price Predictions 2023 – 2033
However, technical analysis can provide valuable insights into potential price movements. It is important to keep in mind that our predictions are based on historical data and should not be considered financial advice. To minimize risk and maximize returns, it is imperative to consult with a qualified financial advisor before making any investment decisions. The highly fluctuating financial market predictions may include stock price value/range prediction, trend prediction, return profit forecasting, to name a few.
Bullish and bearish price prediction patterns
Statements and financial information on CoinCheckup.com should not be construed as an endorsement or recommendation to buy, sell or hold. Scores are based on common sense Formulas that we personally use to analyse crypto coins & tokens. The crypto market is known to be highly volatile, predicting future price points of DeepBrain Chain is a difficult task and many other factors influence the price. As a result, the predictions on our website should not be taken as financial advice and you should do your own research. We wrote a custom algorithm to hopefully predict future prices for all of our listed digital cryptocurrencies similar to Bitcoin. If you are looking for crypto currencies with a good return on your investment, BTC could potentially be a profitable investment option for you.