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DigiByte (DGB) shows stable trend after a sudden Dip

DigiByte was trading at $0.00807 as on September 20, 2019 post which it started to rise marginally. For the next 4 days the movement of the coin was almost at the same pace without any drastic rise or fall as such. However, on September 24, 2019 there were two major falls and price reached as low as $0.0062. On the same day, there was a steep rise and the coin was being traded at $0.00799. While writing this analysis, the prices of the coin was having a flattish momentum.

DigiByte Price Analysis:

 

DigiByte’s current trading price when compared with the trading price of yesterday i.e. $0.00620000 it indicates a bullish trend by 11.13%.

Looking at the present movement of DigiByte we anticipate that the coin will continue to have a flattish trend throughout the day, today.

We recommend selling DGB investments in hand today as it is surrounded by the solid selling pressure. The RSI of the coin is also having a flattening trend around 50 showing no extremities at present. As per the DGB Predictions, it is advisable to trade in the coin from a long-term perspective as it can reach newer price marks by the end of the year.

Aarav Ghosh: Aarav Ghosh is a sub editor and contributor to NameCoinNews who specializes in covering latest stories and headlines of cryptocurrencies and blockchain. Additionally, he also covers latest news related to FinTech industry. He is a firm believer of next big transformation of world economy in terms of digitalization.