Market Overview for DigiByte/Tether (DGBUSDT): 24-Hour Move and Momentum Shifts

• DigiByte/Tether (DGBUSDT) closed at 0.00811 after testing key levels, with volume surging to 93.3M.
• Price advanced to a 24-hour high of 0.00831 but retracted, suggesting resistance at 0.00815–0.00825.
• RSI and MACD show mixed momentum; price may consolidate or break higher with volume confirmation.
• Bollinger Bands constricted earlier before expansion, aligning with late-day bullish thrust.
• Turnover increased ahead of closing hourly candles, hinting at renewed short-term interest.

DigiByte/Tether (DGBUSDT) opened at 0.00779 on 2025-10-09 at 12:00 ET, reached a high of 0.00831, and closed at 0.00811 as of 12:00 ET on 2025-10-10. The 24-hour volume totaled approximately 93.3 million contracts, with a notional turnover of $758.2 million, reflecting heightened trading interest and short-term speculative activity.

Price action formed a bullish structure from the late afternoon of the previous day, with a key breakout above 0.00805 followed by a retest and consolidation. A double-bottom formation emerged around 0.00774–0.00776, acting as a strong support level. A bullish engulfing pattern formed at 0.00800–0.00802 in the early hours of the 10th, suggesting a short-term reversal. However, the 0.00815–0.00825 range appears to be a key resistance cluster, as evidenced by a bearish divergence in the RSI and volume contraction in the last hour. The 20- and 50-period moving averages on the 15-minute chart indicate a slight bullish bias, with the 50-period line crossing above the 20-period line in a “golden cross” formation.

The MACD histogram turned positive around 16:00 ET on the 9th and remained so through the close, indicating sustained momentum in the bullish move. RSI peaked at 62, avoiding overbought territory but showing strength relative to the volume profile. Bollinger Bands constricted between 0.00775 and 0.00785 in the evening of the 9th before expanding with the late-day upthrust, confirming increased volatility. The price closed near the upper band of the Bollinger channel at 0.00811, suggesting the move may not be over but could face near-term profit-taking.

Fibonacci retracements from the swing low at 0.00774 to the high at 0.00831 show 61.8% retracement at 0.00815–0.00818, a level the pair approached but failed to break decisively. The 38.2% level at 0.00805 acted as a support-turned-resistance, where volume and price action suggest accumulation. Notably, the 15-minute chart shows a divergence between volume and price during the final two hours of the 24-hour period—volume dipped slightly while price continued to climb—suggesting reduced conviction in the current upmove.