Price Analysis

DigiByte Price Analysis: DigiByte (DGB) Gains over 1%, but It’s Still not at its Optimal Level

DigiByte, the 53rd ranked coin has hiked over 1% in the last 24 hours showing four volatile price movements. The coin has waited long to fetch growth. The medium-term outlook seems bullish for the coin, and it might end up near 0.025 USD by the time this year concludes. Let us look at the current values of the DGB coin.

Current Statistics of DigiByte-

Digibyte Price Prediction
Digibyte Price Chart by TradingView
DigiByte (DGB)31st  July 06:23 UTC
Rank53rd
ROI (Return on Investment)598.35%
Coin Circulation12,091,526,586 DGB
Market Cap125,970,535 USD
Value in USD0.01032937 USD
Value in BTC0.00000107 BTC
24-Hour Volume1,017,388 USD

DigiByte to USD Price Comparison-

DigiByte went to 0.00998 USD from 0.010386 USD between 00:52 UTC and 03:29 UTC losing 3.88%. This 0.00998 USD makes the lowest point of the coin in the last 24 hours. Then on DGB coin first gained 0.0004 USD to reach the peak point of the day at 0.010521 USD then fell back to 0.010105 over the next five and a half hours.  The latest swing was also a hike of 3.84%, and this hike added 0.0003 USD to the coin.

DigiByte Price Prediction-

DigiByte is one of the finest emerging coins currently. And its stable growth indicates that the coin may not find many obstacles to touch 0.025 USD by this year’s end.

DigiByte (DGB)
1st Resistance0.010449333 USD
2nd Resistance0.010669667 USD
3rd Resistance0.010831333 USD
1st Support Level0.010067333 USD
2nd Support Level0.009905667 USD
3rd Support Level0.009685333 USD

Conclusion-

Investors are advised to hold their coins at least until the coin moves to 0.01089 USD price point. As a relatively newer coin, the coin may take more time to revive.

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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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