Market Overview for DigiByte/Tether (DGBUSDT)

• DGBUSDT traded in a 0.0071–0.0077 range, with price closing near the 0.0073–0.0074 cluster.
• Momentum shifted from bullish to neutral, with RSI near 50 and no clear overbought/oversold signals.
• Volatility dipped in the overnight hours but spiked during the early ET trading session.
• Volume was concentrated between 17:00–20:45 ET, indicating active accumulation and distribution.
• A Doji formation near 0.00735–0.00736 signals potential indecision among traders ahead of the 24-hour close.

The DigiByte/Tether pair opened at 0.00713 on 2025-10-12 12:00 ET and closed at 0.00721 on 2025-10-13 12:00 ET, reaching a high of 0.0077 and a low of 0.0071 over the 24-hour period. Total volume reached 118,892,940.0 units, with a notional turnover of approximately $863,909 (based on volume × average price). The 24-hour candle shows a bearish bias from the high but failed to confirm a clear directional move into the final hours.

Structure & Formations

Price action over 15-minute intervals reveals a key support zone between 0.0072 and 0.0073 and a resistance cluster from 0.0074 to 0.0075. A notable Doji pattern emerged around 0.00735–0.00736, suggesting indecision and potential reversal. Multiple bullish and bearish engulfing patterns appeared during sharp intraday moves, particularly during the 17:00–20:45 ET window when volatility and volume were at their peak. A failed attempt to break above 0.00745 and retests of 0.0073–0.00735 indicate an ongoing tug-of-war between buyers and sellers.

Moving Averages

On the 15-minute chart, the 20-period and 50-period moving averages intersected in the 0.00725–0.0073 range, forming a dynamic support/resistance line during the latter half of the session. The daily 50/100/200 EMAs show a flatter configuration, with the 100 and 200 lines near 0.00725–0.0073, suggesting a neutral bias in the broader trend. The price closed near the 50 EMA, with the 100 and 200 lines providing a potential floor if bearish momentum intensifies.

MACD & RSI

The MACD histogram showed a mix of bearish and bullish divergences, with a bearish cross occurring just after 0.00745 failed to hold. The RSI hovered near the 50 threshold for much of the day, moving briefly into overbought territory near 0.0075 but failing to sustain above 60. The oscillator’s inability to confirm a strong overbought or oversold condition suggests a lack of consensus among traders, with a potential shift in momentum expected if RSI crosses either 70 or 30 in the next 24 hours.

Bollinger Bands

Volatility expanded as price approached 0.00745–0.0075 and then contracted during the overnight consolidation phase. The 20-period Bollinger Bands showed a tightening structure between 0.0072 and 0.00735, with the price hovering around the middle band. A potential breakout or breakdown could trigger a wider move, depending on volume and momentum confirmation.

Volume & Turnover

Volume spiked between 17:00 and 20:45 ET, during which the price tested key resistance levels. The highest single interval volume occurred at 20:45 ET, with 13,541,983.9 units traded, coinciding with a sharp drop from 0.00748 to 0.00736. Turnover also increased in line with these spikes, indicating active participation and a high probability of follow-through in the near term. A divergence between price and volume is not currently observed, suggesting a fair level of conviction behind recent price action.

Fibonacci Retracements

Applying Fibonacci levels to the 0.0071–0.0077 swing, the 38.2% retracement sits at 0.00733 and the 61.8% at 0.00723. Price has oscillated within these retracement levels for much of the day, indicating a consolidation phase. A break above 0.00735 could target 0.00745–0.0075, while a breakdown below 0.00723 may test 0.0071–0.00715.

Backtest Hypothesis

Given the observed Doji-Star pattern near 0.00735–0.00736, a potential backtest hypothesis could focus on the performance of a three-day holding period following the formation of such a pattern. Historical data from alternative sources or manual input would be required to refine the exact timing and context of past Doji occurrences. Once identified, the backtest could assess whether a short or long bias, with defined stop-loss and take-profit levels, would have yielded statistically significant returns over the last three trading days.