$DGB is currently experiencing a modest decline of 0.752% in the last 24 hours.
With a high of 0.00799 and a low of 0.0078, the price remains constrained within Bollinger Bands, indicating low volatility.
The strong downtrend suggests a cautious trading environment, particularly influenced by macroeconomic factors like inflation concerns and uncertain regulatory news.
Although Bitcoin's movements appear undefined, lack of correlation may lead DGB to act independently.
Traders should consider a short-term approach to mitigate risks amid current price volatility.
Key takeaway: DGB’s potential bounce off the support level at 0.0078 could provide traders with strategic entry points.
