DigiByte started the month around $0.00435, and now the coin is trading at $0.0146. The improvement is substantial, and the same has spiked hope among the traders. The coming period is likely to bring a huge rally. Yesterday, the coin breached 90-days high. As per the technical indicators, the upcoming period in DigiByte is anticipated to be better.
DigiByte Eyes New High After Sharp Rebound
DigiByte has begun the ongoing month around $0.00435 with moderate upside momentum. The coin spotted improvement from the first day, and by April 3, the price reached $0.00488. The growth remained intact, and the DGB price escalated to $0.00667 and locked itself around the same level till April 13. Then, the currency spotted stumbling and touched $0.00439 on April 16.
Further, DigiByte again started a price recovery, and by April 18, it was trading at $0.0080 mark. Then, the currency continued to trade at the same level until April 22. Thereafter, the DGB coin reflected a sharp bullish movement, and the price escalated $0.0164 on April 26. However, from this high, the coin faced downward correction, and thus the price slipped to $0.0094 on April 27.
Later, it recovered and escalated above the previous 90-days high and set a new one at $0.0165 yesterday. However, today, the DGB price corrected down below $0.014 but then marked a quick rebound and escalated to $0.01466. Therefore, you must check out DGB Price Prediction for further price fluctuation details, which will be held in the upcoming days.
DigiByte holds support from its 50-day MA ($0.0138) and 200-day MA ($0.0124). The same reflects that the coming period might continue improvement. The RSI of DGB coin is at 51.56, and a few hours ago, it was trending in the overbought region. The currency is likely to trade upwards, and in the impending hours, it might cross the immediate resistance at $0.0169.
