Price Analysis

DigiByte Price Analysis: DigiByte (DGB) Improves Rank With A 12.55% Jump Overnight

  • DigiByte (DGB) has finally made a move to $0.0111 after gaining 12.55%.
  • This jump improves the rank of the coin by four places.

DigiByte has finally been able to shock its investors by having a whopping jump of 12.55% over the last 24 hours. For the last few days, the coin has been alleged of going against the market direction and losing a significant amount as each day passes by. However, the coin finally seems to have got the track and 0.025 USD before 2020 seems feasible now.

DGB Price Statistics-

DigiByte Price Prediction
DigiByte Price Chart by TradingView
DigiByte (DGB)6th August 04:36 UTC
Rank48th
ROI (Return on Investment)653.42%
Coin Circulation12,114,073,612 DGB
Market Cap135,052,783 USD
Value in USD0.01119278 USD
Value in BTC0.00000096 BTC
24h Volume3,597,040 USD

DigiByte to USD Price Comparison-

DigiByte has experienced enormous growth over the past 24 hours. Although, in the initial hours, the coin was plunging. At 01:46 UTC the coin was being traded near 0.0101 USD when it started losing value against USD, and it was pushed to 0.0094 USD. However, by 15:17 UTC, the coin started gaining strength, and it could shoot its value by 11.59% in no time. Another hike followed it, and this hike made the investors gain massively by 16% and took the coin to 0.1115 USD. The highest point of the coin for the last 24 hours was near 01:07 UTC at 0.0113 USD. The latest swing took the coin from 0.0113 USD to 0.0105 USD within 1 hour and 17 minutes.

DigiByte Price Prediction –

DigiByte price has finally started its journey towards its target price of 0.025 USD and even beyond. Below are the details of the coin’s resistances and support levels.

DigiByte (DGB)
1st Resistance0.011663 USD
2nd Resistance0.012273 USD
3rd Resistance0.013296 USD
1st Support Level0.01003 USD
2nd Support Level0.009007 USD
3rd Support Level0.008397 USD

Conclusion-

DGB seems to have fetched a turnaround yesterday. But the coin is yet to realize its full potential.

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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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