#$DGB
USDT Technical Analysis โ January 2, 2025
Current Price: $0.01165 (+28.73%)
24H High: $0.01168 | 24H Low: $0.00896
24H Volume: 800.45M DGB ($8.38M USDT)
๐น Market Overview:
DigiByte (DGB) has seen a strong bullish movement, gaining over 28% in the last 24 hours. With increasing volume and price breaking above key moving averages, the momentum suggests further upside potential.
๐ Key Technical Levels:
1๏ธโฃ Resistance 1: $0.01250 โ A breakout above this could trigger further rally.
2๏ธโฃ Resistance 2: $0.01380 โ Strong historical resistance level; a close above confirms bullish trend.
3๏ธโฃ Resistance 3: $0.01500 โ Psychological level; breaking this may lead to a new uptrend.
๐ป Support Levels:
Immediate Support: $0.01135 (MA60)
Stronger Support: $0.01050 โ A retest here could provide a buying opportunity.
๐ Moving Averages & Trend:
MA(5): 1,507,816.3 (short-term bullish)
MA(10): 1,568,480.0 (bullish momentum sustaining)
โก Conclusion:
DGB is currently showing strong upside momentum with increasing volume. If price sustains above $0.01150, a push towards $0.01250 and beyond is likely. However, a rejection at resistance could lead to a short-term pullback.
๐ฌ Whatโs your DGB target? Drop your thoughts below! ๐๐
#Binance #Crypto #DGB #Altcoins ๐
