DGB/USDT Technical Analysis – January 14, 2025
Current Price: $0.01224 (+11.48%)
DGB/USDT is exhibiting robust bullish momentum, with a significant 11.48% price increase. Below is an overview of key technical levels and potential price objectives.
Key Levels to Watch
Support: $0.01092 (lowest price in the past 24 hours)
Resistance: $0.01234 (highest price in the past 24 hours)
Potential Price Targets
1. Target 1: $0.01240
A slight rise from the current price could push DGB to test the $0.01240 resistance level. A breakout here would signal continued bullish movement.
2. Target 2: $0.01300
If the upward momentum persists alongside strong trading volume, the price could advance to $0.01300, indicating increased buying interest.
3. Target 3: $0.01400
In a more optimistic scenario, sustained buying pressure and positive market
sentiment may drive the price toward $0.01400.
Indicators to Monitor
Moving Averages (MA):
Short-term MAs suggest the bullish trend is intact.
MA(5): 5,709,486.5 DGB
MA(10): 8,385,881.6 DGB
Volume:
The high 24-hour trading volume (DGB: 200.91M, USDT: 2.36M) supports the potential for further price increases.