Price Analysis

DigiByte Price Analysis: DGB Falls By Almost 4%; It May Soon Find itself at $0.0089

  • DigiByte (DGB) loses almost 4% in the last 24 hours.
  • The coin may need a very long wait to see a bullish turnaround.

Coping with the market, DigiByte has lost enormous value over the last 24 hours. It has cut 3.87% in this period and from 0.0099 USD it has traded to 0.0093 USD. The coin may continue this price trend for some more days and it is likely to see a turnaround by the end of August. Here is an analysis of the coin’s price movement for the last 1 day. We should now look at the current details of the coin.

DigiByte Price Statistics-

Digibyte Price Prediction
Digibyte Price Chart by TradingView
DigiByte (DGB)10th August 02:45 UTC
Rank59th
ROI (Return on Investment)536.82%
Coin Circulation12,128,988,678 DGB
Market Cap115,255,843 USD
Value in USD0.00932741 USD
Value in BTC0.00000080 BTC
24h Volume1,184,888 USD

DigiByte to USD Price Comparison-

At the time of opening of Yesterday, DGB was being traded near 0.0099 USD. However, soon it started losing control, and over the next 12 hours, it went to 0.0093 USD. For the next few hours, it could gather some strength, and it could reach 0.0096 USD. However, soon it fell back to 0.0093 USD showing a decline of 3.35%.  Towards the closing, the coin managed to grow gradually, and it was at 0.0096 USD by 00:44 UTC of today. From there it is again on a slope, and now it is being traded near 0.0093 USD.

DigiByte Price Prediction-

It has reached the second support levels as per yesterday’s value. If the coin experiences more volatility in the next few days, it may have a price plunge even below its 90 days low price. The details of the next probable resistance and support levels are as follows.

DigiByte (DGB) 
1st Resistance0.009918 USD
2nd Resistance0.010322 USD
3rd Resistance0.010593 USD
1st Support Level0.009243 USD
2nd Support Level0.008972 USD
3rd Support Level0.008568 USD

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Trevor Holman

Trevor Holman follows crypto industry since 2011. He joined CryptoNewsZ as a news writer and he provides technical analysis pieces and current market data. He is also an avid trader. In his free time, he loves to explore unexplored places.
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