Summary
•
surged from $0.00615 to $0.00708, reversing to close near $0.00654 after strong bullish momentum.
• Volume spiked dramatically during the 20:30–22:45 ET window, with a peak turnover of $232k.
• A bearish divergence in RSI and volume during the late-night pullback suggests caution ahead.
24-Hour Summary
DigiByte/Tether (DGBUSDT) opened at $0.00615 on 2026-01-17 at 12:00 ET and reached a high of $0.00708 before closing at $0.00654 by 12:00 ET on 2026-01-18. The pair traded as low as $0.00613 during the session. Total volume amounted to 240.8 million DGB, with a notional turnover of approximately $1.16 million.
Structure & Formations
A key resistance level formed around $0.0067–$0.0068 as a congestion zone, where DGBUSDT stalled twice before reversing lower. A bearish engulfing pattern emerged at $0.00695–$0.00705 during the early morning, signaling a potential shift in momentum. A 50-period moving average on the 5-minute chart crossed below the 20-period line, confirming bearish bias after the high.
Moving Averages and Fibonacci Retracements
On the 5-minute chart, prices closed below the 20-period MA and tested the 50-period MA at $0.00665 as support, with a failed bounce. Daily moving averages suggest DGBUSDT remains in a short-term bullish trend, though the 200-day MA could offer strong support in a deeper pullback. A 61.8% Fibonacci retracement level is found at $0.00648, which was briefly tested during the overnight sell-off.
Momentum and Volatility
The RSI reached overbought territory at 72 during the late afternoon push, followed by a bearish divergence on the 5-minute chart as prices declined while RSI failed to make new highs. Volatility expanded significantly during the 20:30–23:00 ET window, with Bollinger Bands widening, before contracting during the early morning, indicating consolidation.
Volume and Turnover Analysis
Volume spiked to over 47 million DGB in the 22:30–23:00 ET window, matching a $232k turnover peak. A divergence appears as volume declined during the 00:00–02:00 ET sell-off despite a sharp price drop, suggesting fading buying pressure. The 24-hour volume-to-turnover ratio aligns with recent ranges, indicating no unusual on-chain activity.
In the near term, a test of the $0.00648 support and a potential break below $0.00645 could trigger further consolidation. Investors should remain cautious and watch for a reversal signal as DGBUSDT appears to be consolidating post-rally.
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