Journalist Posted: February 7, 2026 Decred [DCR] has rallied 32.44% in the past 24 hours and was up 37% over the past week, at press time. The wider crypto market turmoil has barely affected DCR, which retained its long-term uptrend. Bitcoin [BTC] has shed 4.69% in the past 24 hours adn 19.95% in the past week. In a post on X , the hybrid consensus crypto asserted that it builds on Bitcoin’s blockchain model by bringing on-chain governance and privacy, among other aspects. This privacy narrative likely drove the November rally, as ZCash [ZEC] approached $750. Back then, AMBCrypto pointed out that overheated spot markets could see a DCR pullback . Decred remains long-term bullish Source: DCR/USDT on TradingView Decred saw a steep pullback after its nearly vertical rally in the first week of November. At that time, DCR had rallied from $20.23 to $68.44 in just 16 hours. This was an incredible 238% move that was wiped out entirely in a month. Yet, as the 3-day chart showed, the $40 resistance zone had been overcome, if only briefly. This signaled bullish strength. Additionally, no major swing lows have been broken on the D3 chart. The altcoin has set a series of higher lows throughout 2025 and continued the trend into 2026. The OBV made higher highs to reinforce the strength of the buying. The CMF, another volume indicator with a slightly more nuanced calculation, showed that capital inflows were not consistent during the rallies. Sustained demand instead of a few high-volume sessions to prop up the uptrend would be more welcome. Lower timeframes show DCR opportunity Source: DCR/USDT on TradingView From the 21st of January to the 6th of February, DCR was trading within a range (purple) that stretched from $17 to $21.36. Recent hours of trading saw a decisive, high-volume bullish breakout. This breakout, especially at a time of BTC weakness, will attract investors’ attention. A retest of the $21 range highs could offer a buying opportunity targeting $26 and $27.8, the local highs made in January. Why traders should wait and watch It is highly tempting to buy the relative bullish strength of Decred right away. Yet, the range breakout gave a short-term pullback target. A retest of $21 can be monitored for a bullish reaction before buying. Final Thoughts The Decred higher timeframe trend has been bullish, evident from the series of higher lows it set throughout the past year. The lower timeframe range breakout could see a pullback toward $21 before a bullish continuation toward $27.8. Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. Akashnath S is a Senior Journalist and Technical Analysis expert at AMBCrypto. He specializes in dissecting price action, identifying key market trends through advanced chart patterns, and forecasting both short-term and long-term asset trajectories. His distinct analytical method is grounded in his academic training as a Chemical Engineer. This background provides him with a systematic, process-oriented approach to market data, enabling him to analyze the complex dynamics of financial markets with precision and objectivity. Having actively covered the cryptocurrency space since the landmark 2017 market cycle, Akashnath possesses years of experience navigating both bull and bear markets. This seasoned perspective is critical to his insightful reporting on market volatility and evolution. As an active market participant, Akashnath enhances his analysis with crucial, hands-on experience. This practical application of his technical skills ensures his insights are not merely theoretical, but are also relevant and actionable for an audience looking to understand and navigate trading opportunities. He is dedicated to educating readers on the nuances of technical analysis, empowering them with the knowledge to make more informed financial decisions.