📊 $DGB

DGB/USDT Technical Analysis (Binance) - January 3, 2025

Market Overview

Current Price: $0.01503

24h High: $0.01526

24h Low: $0.01319

24h Volume (DGB): 1.54B

24h Volume (USDT): 21.93M

Price Change: Rs 4.18 (+13.01%)

DigiByte (DGB/USDT) is showing positive momentum with a 13.01% gain over the past 24 hours. High trading volume and a strong 24h high indicate sustained interest from buyers.

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Technical Levels & Targets

Resistance Levels 🎯

1. Target 1: $0.01530

A minor resistance level close to the 24h high.

A breakout here could signal bullish continuation.

2. Target 2: $0.01600

A key psychological resistance level.

Surpassing this could lead to a significant upward rally.

3. Target 3: $0.01750

Based on historical highs and long-term trend analysis, this is a critical level for bulls to target.

Support Levels

Immediate Support: $0.01450

Major Support: $0.01319

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Indicators

1. Moving Averages (MA):

MA(5): 42,906,505.1 suggests short-term upward trend continuation.

MA(10): 48,389,817.2 indicates medium-term stability.

2. MACD:

Displays bullish momentum as the MACD line remains above the signal line.

3. Bollinger Bands:

The price is near the upper band, indicating a possible short-term overbought condition.

4. Depth Chart:

Buy orders dominate around $0.01450, signaling strong support at this level.

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Analysis Summary

DGB/USDT is currently in a bullish phase with potential to break key resistance levels. Traders should watch $0.01530 as the next significant hurdle. Holding above $0.01450 will be crucial for maintaining the upward trend.