DigiByte Market Report: DGB/BTC Peaks to All Time High

Brief:


DigiByte has reached an all time high. DigiByte is up 23.40% on the day, up 273.79% on the week and up 434.72% on the month on a last price of 0.00000385 BTC, a micro amount almost 7/10 of one cent. DGB/BTC is trading between a 24hr high of 0.00000465 and a 24hr low of 0.00000207 on a 24hr volume of 29,923 BTC or 8,812,549,258 DGB. The weekly trend is up.

Last price

0.00000385 DGB/BTC

$USD

last price $ 00.00698009
one week ago $ 00.00186740
percentage 273.79%

Volume

Volume

The 24 hour volume on Poloniex is 29923.89120832 BTC or 8812549258.28382908 DGB.

Remarks

All Time Chart
CoinMarketCap’s all time chart shows the scale of the all time high:

Yesterday’s total Poloniex volume in trades was more than the total DGB in circulating supply. The rough dollar value of yesterday’s trades is fifty-four million dollars ($54M).

One Month Chart
Stepping back to a one month perspective gives us a good picture of recent DGB history:

While this is by far the largest spike, DigiByte has seen at least four other events with a substantial price increase. The most recent was in May of 2016 when the price capped out at 0.00000160 BTC.

Has The Rally Ended?
It’s too soon to tell if this rally is over. Price remains high and volume is still strong. Recently Ripple surprised us with a strong rally performance, read all about that in “Ripple Market Report: XRP Overtakes ETH”.

XBT LivePrice
On Poloniex BTC is again rising. Today it’s at $1852.81 up 3.66% over yesterday. Here are other major exchange prices:

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Price change

Price change is the percentage change within the period:

period change
day 23.40%
week 273.79%
month 434.72%

Featured Chart

Tap or click chart to enlarge:

Data source

Poloniex is the data source for this market report.

Market capitalization

Market capitalization is the total $US dollar value of the DigiByte market calculated using the formula:

market cap = ( available supply x last price )
Market cap $ 56,587,812
Available supply 8107031908
Last price $ 00.00698009

Daily High Low

daily high 0.00000465
daily low 0.00000207

Trend

The weekly trend is up.

trend is UP

Support

Support is the lowest price within the period:

period support
day 0.00000207
week 0.00000093
biweekly 0.00000065
month 0.00000060

Resistance

Resistance is the highest price within the period:

period resistance
day 0.00000465
week 0.00000465
biweekly 0.00000465
month 0.00000465

Margin trading

no

The data source Poloniex does NOT offer margin trading on this digital asset.

Range

Range is the difference in price within the period:

period range
day 0.00000258
week 0.00000282
month 0.00000313

Market sentiment

Market sentiment is bullish.

sentiment bullish

Image courtesy Pixabay.com

Summary

DigiByte has reached an all time high of 0.00000465 BTC, about 8/10 of one cent. DigiByte is up 23.40% on the day, up 273.79% on the week and up 434.72% on the month. The weekly trend is up. DGB/BTC saw weekly support at 0.00000093 and weekly and all time resistance at 0.00000465. Market sentiment is bullish.

Disclaimer

Past history is NOT an indicator of future results. Read the legal disclaimer:

http://kittybitcoin.com/docs/disclaimer.php

Printed

This report was printed on Wednesday May 17 2017 20:58 hours UTC. Contact KittyBitcoin to request custom reports.

Thanks for reading! 🙂

Tags

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