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Price Analysis

DigiByte Price Analysis: Will DGB Continue Its Slow Upward Price Movement?

DigiByte price is also reacting to the volatility, just like most other altcoins in the crypto market. The market is undergoing huge price variations as the bears are exerting pressure on the prices of major altcoins. The DigiByte price chart shows that the coin is having a lot of oscillations in the range of $0.0086 – $0.0098.

Current Statistics of DigiByte:

As on August 24, 2019, at 5:15:35 UTC, current statistics are as below:

  • DGB coin price is trading at $0.009150
  • Current market cap is around $115,221,157
  • 24-hour volume is at $1,581,258
  • ROI is at a 535.26%
  • Circulating supply is at a 12,182,503,226 DGB

DGB to USD Price Comparison:

Digibyte Price Prediction
Digibyte Price Chart by TradingView

The price of DigiByte over the 5-day period shows a lot of movements mostly in the downward direction, but since the 2-3 days, the DGB price has been trying to have an upward swing. From a price of $0.00937204 on Aug 19, the price fell to $0.008861 on Aug 20 to the extent of 5.36%. DGB price started moving up on Aug 21 to the extent of 10.53% at $0.009778. On Aug 22, DigiByte price fell to $0.00864636 to the tune of 11.46%. But today, the price went up to $0.009435 to the extent of 9.13%. Currently, DigiByte is trading at $0.009150 which is lower by 2.13%.

DigiByte Price Prediction & Conclusion:

DGB coin is making all attempts to take its price to the upper range, but with the bears adding pressure to the coin, it may be some time before this can happen. The market has been showing a slight sign of recovery and should bounce back till the year-end during the medium-term. Investors can continue to keep holding on to their investments as selling now would not yield many returns. It is better to think from a long-term perspective for DigiByte as of now.

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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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