Market Overview for DigiByte/Tether (DGBUSDT) on 2026-01-05

Summary
• Price action showed consolidation between $0.00621 and $0.00640, with a failed attempt to break above $0.00640.
• Volume surged during the early hours, confirming bearish momentum but waned in the final hours of the period.
• RSI signaled oversold conditions near $0.00621, while Bollinger Bands reflected low volatility in the final 4 hours.
• A bullish engulfing pattern appeared around $0.00626–$0.00627, suggesting potential short-term reversal.
• 50-period moving average on the 5-minute chart acted as a dynamic resistance around $0.00631–$0.00632.

DigiByte/Tether (DGBUSDT) opened at $0.00638 on 2026-01-04 at 12:00 ET, reached a high of $0.00641, touched a low of $0.00621, and closed at $0.00636 as of 12:00 ET on 2026-01-05. Total volume amounted to 8,848,097.2 units, with a notional turnover of $54,118.89 over the 24-hour period.

Structure & Formations

Price action formed a narrow range between $0.00621 and $0.00640, with a failed breakout attempt above $0.00640 in the early morning. The 50-period 5-minute MA acted as a resistance near $0.00631–$0.00632, while the 200-period daily MA was slightly above the session’s close. A bullish engulfing pattern appeared around $0.00626–$0.00627, suggesting potential short-term reversal. Fibonacci retracements showed 38.2% and 61.8% levels aligning with key support/resistance levels.

Moving Averages and Momentum

The 20-period 5-minute MA sloped upward during the late hours, indicating short-term optimism. The 50-period 5-minute MA remained horizontal near $0.00631–$0.00632, acting as resistance. Daily 50-period MA was above the close, suggesting a bearish bias on longer timeframes. MACD showed a bearish crossover in the early morning before diverging slightly in the afternoon.

Volatility and Bollinger Bands

Bollinger Bands expanded during the early trading session as the price tested the upper band at $0.00641, but contracted in the late hours, indicating waning volatility. Price spent the last four hours of the session near the lower band, which may signal oversold conditions, though a break above the upper band has yet to confirm bullish momentum.

Volume and Turnover Analysis

Volume surged during the 12:00–13:00 ET window, with the most active 15-minute period hitting over 2.6 million units. Turnover spiked in line with volume, reaching $16,958 during the 1:30 AM ET candle. However, volume and turnover both declined in the final hours, which may indicate fading interest. Price and volume aligned during bearish moves but diverged slightly during the late rebound.

RSI and Fibonacci Retracements

RSI reached a low of 28 during the late hours, signaling oversold conditions but without a strong rebound. Fibonacci levels showed key support at $0.00621–$0.00622 and resistance near $0.00631–$0.00634, with the price hovering near 61.8% retracement levels on the daily chart. RSI appears to be forming a potential base for a reversal, but a break above $0.00634 may be needed to confirm bullish momentum.

Looking ahead, DGBUSDT may test $0.00634–$0.00636 as a potential pivot point in the next 24 hours, with a break above indicating renewed bullish sentiment. Investors should remain cautious around $0.00621–$0.00622, as a breakdown could extend the downward movement.