Market Overview for DigiByte/Tether (DGBUSDT): Technical Review for 2025-12-14


Summary
• DGBUSDT tested and rebounded off key support near 0.00595–0.00596, forming a bullish reversal pattern.
• Volume surged near 0.00601–0.00602, confirming short-term strength ahead of the 24-hour close.
• RSI signaled overbought conditions mid-day but pulled back, suggesting temporary exhaustion.
• Volatility expanded in the early hours, followed by a contraction as price stabilized.
• Price briefly touched 0.00604, the upper Bollinger Band, before retracing toward the mean.
DigiByte/Tether (DGBUSDT) opened at 0.00601 on 2025-12-13, reached a high of 0.00604, and a low of 0.00587, closing at 0.00588 as of 12:00 ET on 2025-12-14. Total volume for the 24-hour period was approximately 10,853,375.3, with a notional turnover of $6,578.72.
Structure & Formations
The pair formed a bullish reversal pattern near 0.00595–0.00596 after a significant drop, indicating potential short-term support.
. A key 5-minute doji emerged at 00:0000 on 2025-12-14, signaling indecision. Price failed to hold the 0.00602 level, which may now serve as short-term resistance.
Moving Averages and Momentum
On the 5-minute chart, the 20-period and 50-period moving averages crossed over in a bearish direction mid-day, suggesting short-term bearish momentum. RSI peaked at overbought levels around 0.00602 but retraced, indicating possible exhaustion.
Bollinger Bands and Volatility
Volatility increased sharply around 22:00 ET as price reached the upper Bollinger Band at 0.00604 before retreating toward the mid-band. A contraction followed as price consolidated near 0.00592–0.00594, suggesting a potential breakout attempt is pending.
Volume and Turnover
Volume spiked sharply between 18:30 and 19:00 ET, coinciding with a price rebound near 0.00603. Turnover also surged during this time, confirming the move. However, a divergence emerged in the later hours, as volume declined while price continued to fall, suggesting potential bearish exhaustion.
Fibonacci Retracements
Fibonacci retracement levels highlighted key support near 0.00595 (38.2%) and 0.00590 (61.8%).
Over the next 24 hours, DGBUSDT may test the 0.00590 level for a potential break, with a possible bounce near 0.00595 if buyers step in. Traders should be cautious of a continued bearish drift if volume fails to confirm a rebound.
Descifrar los patrones del mercado y desarrollar estrategias de trading rentables en el ámbito de las criptomonedas.
Latest Articles
Stay ahead of the market.
Get curated U.S. market news, insights and key dates delivered to your inbox.



Comments
No comments yet