Market Overview for DigiByte/Tether (DGBUSDT)

Generated by AI AgentTradeCipherReviewed byDavid Feng
Thursday, Nov 6, 2025 9:51 pm ET1min read
Aime RobotAime Summary

- DGBUSDT surged to $0.01167 before retreating to $0.01052, with 24-hour volume hitting $16.8M amid heightened volatility.

- Technical indicators showed bullish momentum via SMA crossovers, but overbought RSI and waning late-hour volume signaled weak follow-through.

- Key resistance at $0.01105 and support at $0.0105-0.0106 define near-term outlook, with divergence in volume/RSI critical for reversal signals.

Summary
• DGBUSDT rose from $0.01046 to $0.01167 intraday before consolidating at $0.01052.
• Volatility and turnover surged in the 18:00–20:00 ET window, aligning with the high.
• A bullish rebound off $0.0105–0.0106 support appears to have stalled below $0.0110.

DigiByte/Tether (DGBUSDT) opened at $0.01046 on 2025-11-05 12:00 ET and reached a high of $0.01167 before retracing to a 24-hour close of $0.01052. Total 24-hour volume stood at ~169.9 million DGB with a turnover of ~$16.8 million, showing increased interest during key upward thrusts.

The pair demonstrated a clear short-term bullish bias, forming a multi-hour higher high and test of prior support-turned-resistance. A 15-minute 20SMA crossed above the 50SMA early in the session, confirming short-term bullish

momentum
. However, RSI reached overbought levels above 60 during the rally, later dipping toward 40–45, suggesting the move lacked follow-through. Bollinger Bands expanded during the upward push, highlighting the increase in volatility, and price remained within the upper and middle bands, favoring a continuation of the trend for now.

Fibonacci retracement levels from the $0.01046 to $0.01167 swing indicate key potential zones for reversal: the 61.8% at $0.01105 and 38.2% at $0.01096 are now acting as short-term resistance. A close above $0.01105 could signal a return to bullish control, while a retest of $0.0105–0.0106 may provide a more favorable entry for longs. Volume and turnover diverged in the late ET hours, with volume declining despite price attempts to rally, hinting at waning conviction in the move higher.

DGBUSDT may continue consolidating near $0.01052 over the next 24 hours. A break above $0.01105 could extend the rally toward $0.01125, but a failure to hold above $0.0105 may lead to a deeper correction toward $0.01040–0.01035. Investors should monitor for divergence in volume and RSI for early signs of reversal.

Backtest Hypothesis

A potential strategy involves detecting Bullish Engulfing patterns, which are typically strong reversal signals in bearish trends. The proposed 3-day holding backtest would evaluate whether such patterns on the DGBUSDT pair yield consistent returns in this 24-hour timeframe. To proceed accurately, the correct exchange-qualified symbol is needed. For example, if the pair is traded as “BINANCE:DGBUSDT” or “KUCOIN:DGB-USDT,” the data service can be queried accordingly. Alternatively, if a historical OHLCV file (daily candles from 2022-01-01 to today) is available for this pair, it could be used directly for pattern detection and backtesting. Please confirm the correct symbol or share the file to enable this strategy to be tested with historical accuracy.