Over the past few hours, Digibyte’s price has increased by 7%. The surge is DigiByte rising for two days in a row this week. Looking at the last 24 hours of data, the current price spike becomes clear. First, Digibyte’s trading volume increased by over 70% in the last 24 hours. This brought the total trading volume to $19 million.
DigiByte Price Prediction
From July 14th, DigiByte Prices are up 46%. Today, the long-term bullish trend seems to be continuing, with the current price showing his 7% gain. DigiByte, like all other altcoins, has turned a profit in the last few trading sessions.It is likely that DigiByte crypto’s current growth will continue as the industry continues to recover.
Therefore, my expectation for DigiByte over the next few trading sessions is for the price to rise. The current bullish trend is likely to continue and touch the upper trendline of the current ascending channel.It is also likely that the price will reach the resistance level of $0.013 and trade above it.
If the $0.013 price level is reached and breaks upwards, the price’s next price level could be the $0.016 resistance level, which has not been broken since May 9, 2022. So at that point, the price will be up more than 30% from now and the next big push to the $0.016 price level looks possible based on what has happened since July 14th when the price was up 46%. .
However, my bullish analysis will be invalidated if the price breaks below yesterday’s low of $0.0110. It also means that the bullish trend is over.
DigiByte daily chart
