According to our DERO forecast, the price of DERO will decrease by -8.77% over the next week and reach $ 2.32 by October 11, 2023. Based on today’s classical pivot point (P1) with the value of $ 2.52, DERO has support levels of $ 2.47, $ 2.45, and the strongest at $ 2.40. how to use crypto wallet Similarly, DERO resistance levels are at $ 2.54, $ 2.59, and $ 2.61. Also, Dero Project uses smart contracts, which allow the direct execution of contracts without involving a third party. The transactions using smart contracts on Dero are trackable and irreversible.
- We making a forecast of future prices for huge amounts of digital coins like Dero with technical analysis methods.
- Furthermore, within the next 5 years, the DERO market is expected to exhibit bullish behavior, potentially pushing the price of Dero above $17.28.
- The DERO price prediction for 2025 is between $ 2.98 on the lower end and $ 15.64 on the high end.
- Additionally, based on technical analysis and price movements, the average trading price of DERO is expected to be around $13.86 in 2035.
- The potential for Dero to experience significant price appreciation is significant.
Based on our analysis, we predict that Dero has a high likelihood of continued growth in the cryptocurrency market. Additionally, traders may also want to pay attention to key support and resistance levels, as well as trendlines, in order to identify potential buying or selling opportunities. For example, if the market sentiment is bullish and the price breaks through a key resistance level, traders may want to consider buying the market.
Historical Data 14 days
Today, the trading volume of Dero has gone down by -1.27% in the past 30 days. 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. The RSI (Relative Strength Index) is a very popular technical indicator used to analyze prices of a variety of assets, including DERO. 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.
- However, If the crypto market experiences a decline, the minimum value of the DERO Coin can go as low as $20.52 in 2024.
- According to our technical indicators, the current sentiment is Bearish while the Fear & Greed Index is showing 50 (Neutral).
- Our 2040 DERO price prediction reflects a positive outlook for the coin, and we maintain a bullish sentiment regarding Dero’s potential performance in that year.
- Just like with any other asset, the price action of DERO is driven by supply and demand.
- Moving averages are a lagging indicator which means they are based on previous price action.
Some charts will use hollow and filled candlestick bodies instead of colors to represent the same thing. Currencies that are positively correlated with DERO 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 DERO, a move in one direction for DERO would translate into a move in the opposite direction for the negatively correlated coin.
The average trade price of the DERO Coin has been placed at $66.57 if the current market bullish trend continues. If the crypto market goes bearish in the future, then the minimum price of Dero can go down to $63.84 by 2029. One of the simplest methods to predict the future price of a cryptocurrency like Dero (DERO) is by looking at prior price history on a chart. In our Dero (DERO) price projection for 2050, we anticipate a trading range of $20.67 and $27.18. Our 2050 signatum price reflects a positive outlook for the coin, and we maintain a bullish sentiment regarding Dero’s potential performance in that year.
Dero’s future appears to be on an upward trend, with an maximum price of $5.64 projected after a period of five years. Based on the Dero forecast for 2027, Dero’s value may potentially reach its highest peak of approximately $5.64, while its lowest peak is anticipated to be around $3.47. As per our most recent prediction on Dero’s value in 2023, DERO is anticipated to fluctuate within the range of $2.50 and $3.06. However, it is crucial to bear in mind that the cryptocurrency market is exceptionally unstable, and this projected Dero price forecast fails to consider sudden and extreme price fluctuations. In the year 2028, Dero adoption will continue to rise, with regulators starting to accept that crypto is here to stay.
Is it smart to invest in Dero (DERO)?
According to Dero price prediction 2027, our prediction suggests that Dero price will fluctuate within a range of $8.41 (minimum) to $21.00 (maximum). Additionally, based on technical analysis and price movements, the average trading price of DERO is expected to be around $10.26 in 2027. According to Dero price prediction 2025, our prediction suggests that Dero price will fluctuate within a range of $3.68 (minimum) to $5.41 (maximum). Additionally, based on technical analysis and price movements, the average trading price of DERO is expected to be around $5.09 in 2025.
Dero (DERO) Price Chart for Friday, October, 6, 2023
Based on multiple technical quantitative indicators, the current forecast for DERO in 2023 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 DERO or not. Dero has a Circulating Supply of about 12,677,351 and a Total Supply of 20,999,999. Today, the Dero price is $7.86 with a 24hr trading volume of $223,829.56, indicating a 5.69% decrease in DERO price. Bollinger Bands are often used by traders to identify potential entry and exit points for a trade.
Worldcoin (WLD) Price Prediction 2023, 2024 + Will WLD Hit $100?
Dero price is forecast to reach a lowest possible level of $34.07 in 2027. As per our findings, the DERO price could reach a maximum possible level of $41.19 with the average forecast price of $35.30. The average price of DERO coins can revolve around $12.23 throughout 2023.
As per our long-term price prediction, the DERO Coin is expected to be worth a maximum price value of $228.09 by 2040. The Dero Coin average price may cross $223.44 if the crypto market sees a good bull run in 2040. However, if the market experiences any negative movement in 2040, our minimum price value of the DERO Coin is $217.51. The price prediction of Dero (DERO) by 2029 can be quite interesting as many investors and traders are expecting a massive bull run in the crypto market. As per our DERO price forecast, the maximum price of Dero can reach up to $68.45 by 2029.
Compared to today’s price, DERO could gain 514.16% by 2025 if DERO reaches the upper price target. Based on the historical price movements of DERO and the BTC halving cycles, the yearly low DERO price prediction for 2024 is estimated at $ 2.28. Meanwhile, the price of DERO is predicted to reach as high as $ 15.65 next year. Using the same basis, here is the DERO price prediction for each year up until 2030.
Many cryptocurrency traders pay close attention to the markets when the current DERO price crosses an important moving average like the 200-day SMA. The current DERO sentiment is bearish according to our technical analysis. According to our look el salvador bitcoin, DERO is forecasted to trade within a price range of $ 2.54 and $ 2.44 this week. DERO will decrease by -4.07% and reach $ 2.44 by Oct 09, 2023 if it reaches the higher value target. The purpose of a moving average (MA) is to smooth price action over a certain amount of time.
DERO price prediction 2030
Based on the our new experimental Dero price prediction simulation, DERO’s value in 2028 expected to grow by 334.32%% to $10.98 if the best happened. Based on the our new experimental Dero price prediction simulation, DERO’s value in 2027 expected to grow by 123.14%% to $5.64 if the best happened. Based on the our new experimental Dero price prediction simulation, DERO’s value in 2026 expected to grow by 445.96%% to $13.81 if the best happened. Based on the our new experimental Dero price prediction simulation, DERO’s value in 2025 expected to grow by 737.2%% to $21.18 if the best happened. Based on the our new experimental Dero price prediction simulation, DERO’s value in 2024 expected to grow by 120.27%% to $5.57 if the best happened.
Dero Price Prediction for 2029
Fundamental analysis should be a part of your analysis when creating your own Dero price prediction. Researching what the Dero Team is doing in the next few months can help you determine whether or not an investment will be profitable after certain events, roadmap goals or milestones are met. Using support/resistance, trendlines, moving averages and simple indicators like the RSI, you can create a reasonably accurate Dero price prediction for 3, 6 and 12 months ahead of time. We think that price could reach somewhere around the $25 to $100 USD mark in 2022. For long term investing or trading, look at moving averages on the daily or weekly charts for important levels in which to form your Dero (DERO) price prediction. Overall, the data presented below can provide valuable insights into the market sentiment for Dero, as well as potential trading opportunities.
The actual value of Dero (DERO) in 2025 depends on the current market trend and sentiment. 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.
According to our price forecast, the maximum price value of the Dero Coin can be around $33.28 by 2025 if the current bullish trend continues. The DERO Coin is expected to be around an average price of $31.28 in 2025. The market gets a negative trend, and DERO Coin prices can reach a minimum value of $29.18. For the year 2040, Dero is expected to continue a bullish rally based on market sentiment and current market trends.