- The Digibyte price is at an upward trend of around 5.6% during the intraday trading session.
- The 24-hour trading volume is at $149 million.
- DGB/BTC pair is trading positive by 7.1% at 0.00000142 BTC.
The daily technical chart and price action of Digibyte display an upward trend. According to the pivot levels, the primary support level is $0.057. On the other side, if it rushes up, the resistance level to follow is $0.074. Although the chart forms an inverted hammer candlestick pattern within the day, it is predicted that the price may remain upwards with medium reliability.
The Zig-Zag framed a top of $0.18 on May 01. After that, investors can notice a massive correction of 82%, all the way low to $0.031. Now price levels are back around $0.06 this week.
The volume of (308.653M) is above the MA of 20-days (126.737M). As a result, the volume is high, causing its price to test the resistance zones. Investors may also mark that the volume bars on the chart are inclining, which intimates that notable volatility is expected in the upcoming trading session.
The Stochastic RSI (Bullish) with a value of K-7 D-6 presents a buy signal in the coin. Investors may observe an inclining slant and a positive crossover showing a bearish divergence on the index. It may remain in positive territory for future trading sessions.
Digibyte Price Spikes Due to Bulls Driving High Volume
The price of DigiByte today is 0.067150 USD, and the 24-hour trading volume is 149,402,911 USD. The price of DGB has increased by 5.6% in the past 24 hours. It has 15 billion DGB coins in circulation and a total supply of 21 billion DGB coins. The Stochastic RSI indicator shows a buy signal, and the traders have guided high volume. Technically, the price is testing the resistance zone and remains in an upward trend. Therefore, as with overall market sentiment, the trend remains bullish in upcoming trading sessions.
Resistance Level: $0.074
Support Level: $0.057