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DIGIBYTE coin Price Analysis: Coin grown from $0.03-0.04 price level to 0.0700

  • DGB formed its first block, 7 years and 217.3 days back.
  • The coin has outstanding of 14,577M DGB
  • RSI for DGB shows the BUY action.
Tradingview

The token has been forming the pattern of advance block bearish on 13 August. DGB rose by 5.41% on Friday. Following a 6.24% gain on Thursday against Wednesday, DGB ended the day at 0.06999. The last known price of this coin is 0.07000. 

A mixed start for the day saw DGB fall to an early morning intraday low of $0.0681 (Till time) and it is expected to sink more and mark an intraday low. The intraday high went to $0.07142

It has the current trading volume(s) of 88,831,894 with a massive gain of 119.04% over the last 24 hours. The trading volume has gone through a 9.49% gain since yesterday. 

DGB has a hash rate of 234.245Ph/S. We could not see the active address(es) as that is not mentioned. The circulating supply of tokens is 14,577,015,547 DGB coins and a max. supply of 21,000,000,000 DGB coins.

SMA-20, SMA-50 and SMA-200

The chart above shows the movement of DOGE where 20 SMA have been running above the other two. We see the token with respect to SMA’s which are 20, 50 and 200. Also SMA-50 is above SMA-200 and this analysis is quoted on a 4 hours time frame.  We see that all the three SMA’s are parallel to each other and this resembles that the price of coin could be floating at an upper level.

An RSI oscillator is also present in the chart which shows the proper time to buy or sell the token. RSI for the last 5 hours shows the value of 61.420 and marks the buy action. MA-5, MA-10 and MA-20 show the buy action and even MA-50 and MA-100 show the buy action. However, the DGB at present is all set to buy.

The bull/bear power has the value of 0.0008 and shows the buy action. The high/low marks the neutral action with the value of 0.0000.

The DGB-BTC pair is trailing at the level of 0.000001463 and the gain of 3.84% was seen whereas the DGB-ETH pair is at 0.00002106 and the gain of 2.65% was seen in the last 24 hours. The volume/market cap of the token is 0.08796 and its market dominance is 0.06%.

Conclusion: 

Since SMA-20 is above than other two SMA’s results in decent returns and not in maximum returns which it showed to holders who bought it at $0.03-0.04 zone. So intraday trading would be beneficial here if you long now.

The days range for the coin is 0.063256 – 0.071359 and presently is at 0.0700. The 24 hours high and low of the coin is 0.07186 and 0.06351 respectively.

The DGB ATH is 0.1825 and ATL is 0.00002028. 

DGB ROI (approximate return on investment if purchased at the time of launch) is 4596.54%. This is just an assumption. Long the token by the decision of your own thoughts.

Technical Instruments:

Pivot: 0.068754

R-1: 0.068892

R-2: 0.068977

S-1: 0.068616

S-2: 0.068531

Note:

  • The unit is USD
  • SMA-20: Green colour
  • SMA-50: Red colour
  • SMA-200: Blue colour
Categories: News
Antonio K Smith: Antonio is a travel photographer by profession and came across the Crypto world during his profession. Since then his love, knowledge and interest towards the technology have increased. He brings his passion to create in his articles.