Market Overview: DigiByte (DGBUSDT) 24-Hour Summary

• DigiByte (DGBUSDT) formed a bullish reversal pattern after hitting a 24-hour low of $0.00953.
• Price retested a key support level at $0.00956 and broke above $0.00965 with increasing volume.
• RSI shows moderate momentum, with price near the 50 level, indicating potential for further upside.
• Bollinger Bands expanded after a consolidation period, suggesting rising volatility.
• Turnover surged in the final hours, confirming strength in the recent bullish move.

DigiByte (DGBUSDT) opened at $0.00956 on 2025-07-26 at 12:00 ET and traded as low as $0.00953 before closing at $0.00966 by 12:00 ET on 2025-07-27. The 24-hour high was $0.00980, with total volume reaching 21,708,292.2 and turnover of approximately $210,851.54.

Structure & Formations

Price tested a key support level at $0.00956 twice, with the second test failing to break below, forming a potential bullish reversal pattern. A bullish engulfing pattern emerged in the early morning hours as price surged above $0.00965. No significant doji were observed, but the formation of higher lows and a breakout above $0.00965 suggests a shift in sentiment. A 50-period EMA on the 15-minute chart crossed above the 20-period EMA, reinforcing the bullish bias.

Moving Averages

On the 15-minute chart, the 20-period EMA is currently at $0.00964, above the 50-period EMA at $0.00961, signaling a short-term bullish trend. On the daily chart, the 50-period EMA is near $0.00960, while the 200-period EMA is slightly lower at $0.00958, suggesting a potential for continued upward movement if the 50-day line holds.

MACD & RSI

The MACD crossed into positive territory in the early morning, with a growing histogram indicating strengthening momentum. RSI has moved from 45 to 55 over the past 12 hours, suggesting moderate bullish momentum. While not overbought, the indicator is approaching the 55–60 range, which could signal a pause or consolidation in the near term if not accompanied by a strong volume surge.

Bollinger Bands

Bollinger Bands showed a period of contraction between 23:00 and 00:30 ET, followed by a significant expansion as price surged above the upper band in the early hours. Price has since consolidated within the bands, hovering near the upper channel, which suggests elevated volatility and a possible continuation of the upward move if the upper band holds as resistance.

Volume & Turnover

Volume and turnover spiked sharply after 05:00 ET, confirming the breakout above $0.00965. The largest 15-minute volume spike occurred at 13:30 ET, with 9,794,804.7 traded, coinciding with a high of $0.00987. Turnover during this period reached approximately $94,500, indicating strong conviction in the upward move. No notable divergence between volume and price was observed, reinforcing the strength of the rally.

Fibonacci Retracements

Applying Fibonacci retracement levels to the key swing from $0.00953 to $0.00980, the 38.2% level is at $0.00966 and the 61.8% level is at $0.00974. Price is currently consolidating near the 38.2% level, which may serve as a short-term resistance. A break above this could see price testing the 61.8% level in the next 24–48 hours.

DigiByte (DGBUSDT) appears to have found support near $0.00956 and is showing signs of a potential short-term bullish trend. Investors may look for a confirmation above $0.00966 to target the $0.00974 level. However, traders should remain cautious of a pullback or consolidation phase if RSI approaches overbought territory without a strong volume surge.