Market Overview for DigiByte/Tether (DGBUSDT)

Generated by AI AgentAinvest Crypto Technical RadarReviewed byAInvest News Editorial Team
Saturday, Jan 10, 2026 5:07 am ET1min read
DGB
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Aime RobotAime Summary

- DigiByte/Tether (DGBUSDT) fell to 0.00585 amid oversold RSI and bearish engulfing patterns below key support at 0.00586.

- Volume surged at 0.00584–0.00585, indicating short-term support, but a break below 0.00582 risks further declines.

- Bollinger contraction and MACD negativity suggest potential volatility rebounds, with Fibonacci 61.8% (~0.00587) as a near-term bounce target.

Summary
• Price fell from 0.00597 to 0.00585 amid declining momentum and oversold RSI.
• Volume spiked at 0.00584–0.00585 level, suggesting short-term support.
• Bollinger contraction indicates potential volatility rebound ahead.

DigiByte/Tether (DGBUSDT) opened at 0.00594 on 2026-01-09 12:00 ET, touched a high of 0.00597, and closed at 0.00585 by 12:00 ET on 2026-01-10. The pair traded within a 0.00012 range, with total volume of ~5.17 million and turnover of ~30,237 USDT.

Structure & Formations


Price formed a bearish engulfing pattern during the late ET hours, breaking below key psychological support at 0.00586. A cluster of rejection candles at 0.00584–0.00585 suggests short-term support, though a break below 0.00582 could trigger further downside. No decisive reversal patterns emerged near 0.00580–0.00581, which appears to be a new short-term floor.

Moving Averages and Fibonacci


Short-term 20-period and 50-period moving averages on the 5-min chart confirm the downward bias, with price well below both.
Fibonacci retracement levels on the 0.00597–0.00585 swing indicate potential near-term bounce at 61.8% (~0.00587), though a failure to reclaim this level may signal deeper bearish intent.

Momentum and Volatility

RSI dropped below 30 in the final hours, pointing to oversold conditions and possible short-term stabilization. MACD turned bearish and remains in negative territory, reinforcing the pressure on the lower end of the range. Volatility, as measured by Bollinger Bands, has tightened, suggesting a potential breakout or reversal could be in the offing.

Volume and Turnover


Trading volume and turnover both surged at the 0.00584–0.00585 level, signaling defensive buying at this price zone. Price and turnover did not diverge meaningfully, indicating the bearish move is supported by consistent selling pressure rather than a distribution top.

Looking ahead, a rebound toward 0.00587–0.00588 could test the strength of the 61.8% Fibonacci level and retest the 50-period MA. Traders should monitor for potential rejection or a break below 0.00582, which may extend the range lower. As always, sudden liquidity shifts or macro events could trigger unexpected moves.