What does the Saturday chart look like?

0

DigiByte receives a long-term average technical rating of 45 from InvestorsObserverresearch based on historical trading patterns. The proprietary scoring system assesses price movement over the past few months to a year, analyzes the coin’s support and resistance levels, and where it sits relative to long-term averages to determine if it is a a strong buy-and-hold investment opportunity. DGB currently holds a long-term technical analysis score above 45% of the cryptos in circulation. This ranking metric is particularly useful for buy-and-hold type investors looking for consistent strong growth when allocating their assets. coins with a high technical score in the long and short term can help indicate assets that have bottomed out, giving investors a chance to “buy the dip”.

InvestorsObserver gives DigiByte a long-term technical ranking of 45. Find out what this means for you and get the rest of the ranking on DigiByte!

Business analysis

DGB is currently -$0.0018020 (-7.08%) below its 100-day moving average price of $0.025469225 with its current price of $0.023667234. Meanwhile, DigiByte is $0.0071284 (-66366.85%) above its 52-week low of $0.016538879 and $-0.15880395 (-5467.35%) in below its 52-week high of $0.182471186. The current price against its moving average and 52-week highs and lows leads to a long-term average technical score of 45. DigiByte’s long-term trading history trends suggest that traders are currently bearish on the room. DigiByte has a total market value of $359,796,247.41 with an average daily volume of $179,275,052.62 of currency traded over a typical 24-hour period. In the past 24 hours, DGB volume is below its average with $19,586,446.69 traded in total. The digital currency subclass of this coin: digital currency is an asset, commodity, or currency intended to maintain value and liquidity over time so that it can be used similarly to fiat currencies .

Summary

DGB’s historical trading over the past year gives it a long-term average technical score of 45, as its price movement over this period has given investors reason to be bearish on the coin over the long term. . Click here for the full DigiByte (DGB) report.

Stay in the know

Subscribe to our daily morning update newsletter and never miss market news, moves and more.

Thank you for signing up! You are ready to receive the Morning Update newsletter

Share.

About Author

Comments are closed.