Market Overview for DigiByte/Tether (DGBUSDT)

• DigiByte/Tether (DGBUSDT) traded in a tight range during early ET hours before drifting lower, closing below the opening price at 12:00 ET.
• Volatility dipped during the overnight session but surged near 22:00 ET with a 0.00667–0.00671 intracandle rally.
• On-balance volume remained mixed, with the 18:00–19:00 ET session accounting for ~10% of total notional turnover.
• A bullish engulfing pattern briefly formed during 18:00–18:15 ET before the pair fell back below the key 0.00666 psychological level.
• The RSI remains neutral, with no clear overbought or oversold signals observed from the 15-minute OHLC data.

DigiByte/Tether (DGBUSDT) opened at 0.00656 on 2025-10-26 12:00 ET, reached a high of 0.00671, and closed at 0.00644 by 12:00 ET on 2025-10-27. Total volume traded over the 24-hour period was approximately 11,662,201.6 DGB, with total notional turnover amounting to $7,693.25 USD (based on USDT). The pair experienced a mixed price action, with a late-night rebound attempt failing to regain the 0.00666 level.

In the 15-minute chart, the 20-period and 50-period moving averages were closely aligned, indicating a neutral trend with limited directional bias. The 50-period SMA remained above the 20-period, suggesting a bearish tilt in the near term. Volatility expanded sharply around 22:00–23:30 ET, where DGBUSDT tested a resistance level at 0.00670 but failed to break through, closing the session with a bearish reversal. A bearish engulfing pattern emerged around 03:15–03:30 ET, reinforcing the likelihood of a further decline in the near term.

MACD remained in negative territory, with the histogram showing consistent bearish momentum. The signal line crossed below the MACD line during the overnight session, confirming a short-term bearish bias. RSI fluctuated between 40 and 55, avoiding both overbought and oversold zones, which suggests a lack of strong conviction in either direction. The price spent the majority of the session within the Bollinger Bands, with no clear breakouts or contractions to signal heightened volatility. However, the lower band acted as a temporary floor around 0.00653–0.00655, which may hold for the next 24 hours.

Looking forward, a retest of the 0.00653–0.00655 support range appears likely. If the pair breaks this level, the next key target is 0.00648–0.00650. A rebound above 0.00660 could signal a short-term reversal but would likely require a significant volume spike to confirm. Traders should remain cautious, as the lack of a strong RSI signal and the absence of a clear trend suggest a continuation of range-bound trading.

The pair appears to be in a consolidation phase, with no clear breakout above key resistance levels and limited volume to drive a reversal. If the bearish bias continues, a test of the 0.00649–0.00651 support range is expected. A breakout above 0.00660, however, could attract short-term buyers, though this would require stronger confirmation via volume and momentum.

Backtest Hypothesis

To better understand potential entry and exit signals for DGB/USDT, a 14-period RSI-based strategy is proposed. Given the issues with the RSI data retrieval, a viable alternative is to calculate RSI manually from the provided 15-minute OHLCV data. Using the close prices, we can calculate the average gain and loss over the past 14 periods, derive the RSI value, and identify overbought (RSI > 70) and oversold (RSI < 30) conditions.

Since the data spans 96 15-minute candles, a full 14-period RSI calculation is feasible. Once calculated, the strategy could be backtested by entering a short position when RSI crosses above 70 and exiting when it falls below 70, or vice versa for a long strategy. The volume and price action observed—particularly the failed break above 0.00670 and the bearish engulfing pattern—suggest the current RSI may be hovering near neutral territory, making this a viable method to test the market’s responsiveness to overbought and oversold levels.