I think Decred is inching closer towards breaking out of the symmetrical triangle pattern that it's in. My guess is we break out before the end of 2017 and begin a rally towards a much higher price base.
Note
Looks like we may have broken out of the triangle already...didn't expect it to happen this quickly. I expect DCR to move higher and break the 
USD all time high of $55 in the coming days/weeks. At that point, we will be approaching uncharted territory and there's no telling where the price will end up. Eventually, I expect DCR to challenge its old all time high priced in BTC terms (around 0.02), which would put the price target at $160+ using the current Bitcoin price of $8,200.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.