DigiByte Price Analysis: DigiByte (DGB) Took a Dip of 12% in last 24 Hours

DigiByte has lost almost 12% in the previous 24 hours. However, the DGB coin still possesses the potential to perform exceptionally, and it may reach 0.025 USD before 2019 ends. We should first analyze the current statistics of the Digibyte.

Current Statistics of Digibyte-

DigiByte Price Prediction
DigiByte Price Chart by Tradingview
DigiByte (DGB) 7th August 03:31 UTC
Rank 56th
ROI (Return on Investment) 567.17%
Coin Circulation 12,117,718,785 DGB
Market Cap 121,362,422 USD
DGB Price in USD 0.00996388 USD
Value in BTC 0.00000086 BTC
24h Volume 2,405,168 USD

DGB to USD Price Comparison-

Digibyte started the day way below its resistance level. However, by 10:15 UTC, the coin got a push of 11.90% and reached 0.01179 USD. This growth was momentary and suddenly faced a blow of 8.47% and lost almost 0.0009 USD. The third swing deducted 0.0015 USD from the value of each DGB coin. However, towards the closing, the currency started strengthening by a slight margin. With a 3.65% growth, it was at 0.009980 by 03:29 UTC. To find more details regarding the coin’s future, do read our DGB price prediction.

DigiByte Price Prediction & Conclusion-

DGB coin’s yesterday’s fall seems to be a temporary one, and it may not have any long-extending impact on the coin’s outlook for 2019. As per historical data and our DigiByte Forecast for Next 5 years, the coin may cross $0.025 by the end of this year. In the long-term, the coin has everything on its side to perform exceptionally. The details of all the probable resistance and support levels are as follows.

DigiByte (DGB)
1st Resistance 0.01146 USD
2nd Resistance 0.012736 USD
3rd Resistance 0.013572 USD
1st Support Level 0.009348 USD
2nd Support Level 0.008512 USD
3rd Support Level 0.007236 USD

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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