Decred (DCR) surged to $28, defying a broader market downturn as Bitcoin fell below $63,000. The cryptocurrency's resilience is attributed to a shrinking liquid supply, with only 27% of its 16.2 million mined coins available for trading. This scarcity, driven by increased staking activity, has bolstered DCR's price, which has risen 14% in the past week and 53% over the past month. Technical indicators suggest further bullish momentum for Decred, with the price above both the 50-day and 200-day moving averages. The ascending triangle pattern and a rising RSI indicate potential for additional gains, with short-term targets set at $30 and $40. However, a dip below $25 could test support levels, highlighting the ongoing volatility in the market.