Price Analysis

DigiByte Price Analysis: DigiByte (DGB) Is On a Spell of Falls; It May Seek the Support at $0.0099

DigiByte losing 3.1% in just 24 hours has worn out its goodwill in the market. The coin has not been very successful in avoiding market volatility for the last month. However, the DGB coin’s strong fundamentals promise of a shiny medium-term outlook. It is likely to breach 0.025 USD by the time this year ends. We will look at the current status of the coin now.

Current Statistics of DigiByte-

DigiByte Price Prediction
DigiByte Price Chart by TradingView
DigiByte (DGB)30th  July 05:08 UTC
Rank51st
ROI (Return on Investment)588.99%
Coin Circulation12,087,572,711 DGB
Market Cap124,067,703 USD
Value in USD0.01008689 USD
Value in BTC0.00000109 BTC
24h Volume1,214,210 USD

DigiByte to USD Price Comparison-

DigiByte was at the peak of 0.01081 USD at 02:09 UTC when it started falling. Over 7 and a half hours, the coin was devalued by 5.76%. However, it tried to stand on its feet over the next 6 and half hours and added 0.0002 USD to the value of each DGB coin. The next variation gave all the investors a shock by cutting almost 3% from the coin against USD. This fall took the coin to 0.01013 USD by 23:47 UTC. The coin started today around this price and took another dip until it reached 0.009986 USD, the lowest points of the last 24 hours.

DigiByte Price Prediction-

The coin is being hunted by market volatility for the past few days. It has a fair chance of reviving by the end of this quarter, and it may reach 0.025 USD by this year’s end. The details of the resistance and support levels are as follows.

DigiByte (DGB)
1st Resistance0.010619667 USD
2nd Resistance0.010896333 USD
3rd Resistance0.011082667 USD
1st Support Level0.010156667 USD
2nd Support Level0.009970333 USD
3rd Support Level0.009693667 USD

Conclusion-

DigiByte has a bright medium-term future outlook. It is likely to attract a number of new investors by the end of this quarter, which may lead to a higher value of each DGB coin against 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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