DigiByte Loses 3.5% in a day; Recovery is Not Very Far

DigiByte loses 3.5% in one day to touch 0.007294 USD.
The next resistance may fall at 0.007688 USD.

DigiByte has taken a hit of 3.5% in the last 24 hours and the value has touched 0.007294 USD. It has been through three major price changes in this period.

DGB Price Analysis:

DigiByte’s first swing started at 00:04 UTC and in the next 15 hours, it fell by 3.59% and loss 0.0002 USD to reach 0.00728788 USD. It was followed by a whopping increment of 5.45% and this increment pushed the value to 0.00768538 USD by 23:44 UTC. Towards the closing of the day, it took another blow and a decline of 5.75%. The value pushed to 0.00724333 USD by 05:04 UTC today.

The current market cap of DigiByte is hovering around 91.12 million USD and it is down from 92.91 million USD in the last one day. The market cap of DigiByte has been witnessing a slow decline since September 27.

DigiByte’s current price trend is actively pursuing its 50-day and 20-day averages and currently, it is going above both the moving averages. In the next few days, some recovery may happen and see an upright growth. The next resistance is likely to come at 0.007688 USD.

DigiByte (DGB)	Resistance and Support Levels
1^st Resistance	$0.007688333
2^nd Resistance	$0.007844667
3^rd Resistance	$0.008026333
1^st Support	$0.007350333
2^nd Support	$0.007168667
3^rd Support	$0.007012333

Barry Kirkland

Barry Kirkland has joined CryptoMoonPress as a full-time reporter for latest cryptocurrency news and updates. He has five years of experience in writing and trading in forex and cryptocuurency markets. he has written number of articles about blockchain and crypto world. Currently, he curates valuable informations on price analysis and trade alerts for cryptos.