Price Analysis

DigiByte Price Analysis: DigiByte Deals with Moderate Loss; DGB to Recover in the Intraday Trading

DigiByte (DGB) opened with a downtrend. The coin is experiencing a price drop from the past few days. The coin opened the month with an upsurge, but in some days the market pressure pulled the DGB coin down. Yesterday, the coin touched a high at $0.009705 and a low at $0.009248. The volume marked on 10th August 2019 was $1,397,769.

Let’s understand the momentum of the coin by analyzing the price of DigiByte against USD

The DGB price chart is taken from TradingView on 11th August 2019 at 11:04:54 UTC.

Digibyte price chart - Aug 11
Digibyte Chart By TradingView

Yesterday, DigiByte opened at $0.009531. The upsurge took the DGB price to $0.009774. The progression marked was of 2.55%. The coin further dropped by 3.93%. The price counters changed from $0.009740 to $0.009357. DGB coin closed at $0.009498 with a loss of 0.32%. Today, the coin slipped from $0.009498 to $0.009278 by 2.33%. Later, DigiByte price recovered by 2.13%. The price jumped from $0.009278 to $0.009476.

Current Statistics of DGB coin:

  • DigiByte price is trading at 0.0094800 USD.
  • ROI is marked as 529.07%.
  • The 24-hour volume of the coin stands at 1,115,330 USD.
  • The market cap is marked as 113,644,708 USD.
  • The circulating supply has 12,134,106,270 DGB.

DigiByte Price Prediction and Conclusion:

DigiByte has maintained itself along with price momentum. The coin would soon come out of the downtrend and start climbing again. The coin would be recommended for short-term traders. DGB coin is likely to deal around $0.015 to $0.02 by the end of the year. We would recommend the traders to divide the investment to deteriorate the risk.

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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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