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DigiByte (DGB)  Price Prediction 2022 – Will DGB Hit $0.1 Soon?

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Digibyte (Dgb) Price Prediction 2022 - Will Dgb Hit $0.1 Soon?
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  • Bullish DGB price prediction is $0.01791 to $0.04097.
  • The DGB price will also reach $0.1 soon.
  • DGB bearish market price prediction for 2022 is $0.00816.

In DigiByte (DGB)  price prediction 2022, we use statistics, price patterns, RSI, RVOL, and other DGB information to analyze the cryptocurrency’s future movement. 

DigiByte (DGB)  Current Market Status

According to CoinGecko, the price of DigiByte (DGB)  is $0.01348537 with a 24-hour trading volume of $12,601,149 at the time of writing. However, DGB has decreased to 0.4% in the last 24 hours. 

Moreover, DigiByte (DGB)  has a circulating supply of 15,565,124,180 DGB. Currently, DGB trades in cryptocurrency exchanges such as  Binance, OKX, Bybit, DigiFinex, and KuCoin. 

What is DigiByte (DGB)?

DigiByte (DGB) is an open-source blockchain and asset creation platform. DGB token is created in January 2014 as a fork of Bitcoin (BTC). DigiByte uses five different algorithms to improve security, and the main aim is to improve the Bitcoin blockchain’s security, capacity, and transaction speed. DGB is a proof-of-work (PoW) cryptocurrency, and miners earn tokens for validating blocks through block rewards

DigiByte (DGB)  Price Prediction 2022

DigiByte (DGB)  holds the 185th position on CoinGecko right now. DGB price prediction 2022 is explained below with a weekly time frame.

https://www.tradingview.com/x/ZDlOH7NN/

DGB/USDT Horizontal Channel Pattern (Source: Tradingview)

A horizontal channel or sideways trend has the appearance of a rectangle pattern. It consists of at least four contact points. This is because it needs at least two lows to connect, as well as two highs. Buying and selling pressure is equal, and the prevailing direction of price action is sideways. Horizontal channels provide a clear and systematic way to trade by providing buy and sell points. When the price hits the top of the channel, sell your existing long position or take a short position. The difference between the other two is that a horizontal channel is characterized as having equal highs and lows.

Currently, DigiByte (DGB)  is at $0.01348537. If the pattern continues, the price of DGB might reach the resistance level of $0.01368, and $0.02127. If the trend reverses, then the price of DGB may fall to $0.01073, & $0.00852.

DigiByte (DGB)  Support and Resistance Levels

The chart below shows the support and resistance levels of DigiByte (DGB) .

DGB/USDT Support and Resistance Level (Source: Tradingview  )

From the above daily time frame, we can clearly interpret the following as the resistance and support levels of DigiByte (DGB) .

Resistance Level 1 $0.01791
Resistance Level 2 $0.02779
Resistance Level 3 $0.04097
Support Level 1 $0.01192
Support Level 2 $0.00816
DGB Resistance & Support Level

The charts show that DGB has performed a bullish trend over the past month. If this trend continues, DGB might run along with the bulls overtaking its resistance level at $0.04097.

Accordingly, if the investors turn against the crypto, the price of the DGB might plummet to almost $0.00816, a bearish signal.

The Relative Volume (RVOL) of the DigiByte (DGB)  is shown in the below chart. It is an indicator of how the current trading volume has changed over a period of time from the previous volume for traders. Currently, the RVOL of DGB lies below the cutoff line, indicating weak participants in the current trend.

Moreover, the Moving Average (MA) of the DigiByte (DGB)  is shown in the above chart. Notably, the DGB price slightly lies above 50 MA (short-term), so it is in an upward trend. Currently, DGB is in a bullish state. There is a possibility of a reversal trend of DGB at any time.

Meanwhile, the relative strength index (RSI) of the DGB is at a level of 67.17. This means that DGB is in a nearly overbought state. However, this gives confidence to the traders to trade without any fear.

DigiByte (DGB)  Price Prediction 2022 — ADX, RVI

Let us now look Average Directional Index (ADX) of DigiByte (DGB) . It helps to measure the overall strength of the trend. The indicator is the average of the expanding price range values. This system attempts to measure the strength of price movement in the positive and negative directions using DMI indicators with ADX.

The above chart represents the ADX of the DigiByte (DGB). Currently, DGB lies in the range of 56.48978, indicating a very strong trend. 

From the above chart, the Relative Volatility Index (RVI) of DigiByte (DGB). RVI measures the constant deviation of price changes over a period of time rather than price changes. The RVI of DGB lies above 50, indicating higher volatility. In fact, DGB’s RSI is at 67.17, thus confirming a potential buy signal.

Comparison of DGB with BTC, ETH

The below chart shows the price comparison between Bitcoin, Ethereum, and DigiByte (DGB) .

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BTC Vs ETH Vs DGB Price Comparison (Source: Tradingview )

From the above chart, we can interpret ETH, BTC, and DGB are moving in a similar trend. This indicates that when the price of BTC increases or decreases, the price of ETH and DGB also increase or decrease respectively.

DigiByte (DGB)  Price Prediction 2023

If the declining price action completely slows down in momentum and the trend reverses,  DigiByte (DGB)  might probably attain $0.7 by 2023.

DigiByte (DGB)  Price Prediction 2024

With several upgrades in the network, DigiByte (DGB)  might enter a bullish trajectory. If the coin grabs the attention of major investors, DGB might rally to hit $1 by 2024. 

DigiByte (DGB)  Price Prediction 2025

If DigiByte (DGB)  sustains major resistance levels and continues to be recognized as a better investment option among investors for the next 3 years, DGB would rally to hit $1.8.  

DigiByte (DGB)  Price Prediction 2026

If DigiByte (DGB)  sustains major resistance levels and continues to be recognized as a better investment option among investors for the next 4 years, DGB would rally to hit $2.4. 

DigiByte (DGB)  Price Prediction 2027

If DigiByte (DGB)  sustains major resistance levels and continues to be recognized as a better investment option among investors for the next 5 years, DGB would rally to hit $3 

DigiByte (DGB)  Price Prediction 2028

If DigiByte (DGB)  holds up a strong stance as a better investment option for the next 6 years, it might witness significant price rallies. Thus, by 2028, DGB would hit $3.5.

DigiByte (DGB)  Price Prediction 2029

If investors flock in and continue to place their bets on DigiByte (DGB) , it would witness major spikes. DGB might hit $4.2 by 2029.

DigiByte (DGB)  Price Prediction 2030

With greater advancements in the DigiByte ecosystem, the crypto community might continue to invest in DigiByte (DGB)  for the next 8 years and drive significant price rallies for the token. Hence, DigiByte (DGB)  might hit $5 by 2030.

Conclusion

With continuous improvements in the DigiByte network, we can say that 2022 is a good year for DGB. For this reason, the bullish price prediction of DigiByte (DGB)  in 2022 is $0.04097. On the other hand, the bearish price prediction of DigiByte (DGB)  for 2022 is $0.00816.

Furthermore, with the advancements and upgrades in the DigiByteecosystem, the performance of DigiByte (DGB)  might hit $0.1 gaining investors’ attention. It would also rise to reach above its all-time high (ATH) of $0.178084 in the near future.

FAQ

1. What is DigiByte?

DigiByte is a highly scalable peer-to-peer digital currency that enables the leading transaction speeds in the industry at very low rates.

2. Where can you purchase DGB?

DGB has listed on many crypto exchanges which include Binance, OKX, Upbit, Bybit, and DigiFinex. 

3. Will DGB reach a new ATH soon?

With the ongoing developments and upgrades within the DGB platform, it has a high possibility of reaching its ATH soon.

4. What is the current all-time high (ATH) of DigiByte?

On May 01, 2021, DGB reached its new all-time high (ATH) of $0.178084.

5. Is DGB a good investment in 2022?

DigiByte (DGB) seems to be one of the top-gaining cryptocurrencies this year. According to the recorded achievements of DGB in the past few months, DGB is considered a good investment in 2022.

6. Can DigiByte (DGB) reach $0.1?

DigiByte (DGB) is one of the active cryptos that continues to maintain its Bullish state. Eventually, if this bullish trend continues then DigiByte (DGB) will hit $0.1 soon.

7. What will be the DGB price by 2023?

DigiByte (DGB) price is expected to reach $0.7 by 2023.

8. What will be the DGB price by 2024?

DigiByte (DGB) price is expected to reach $1 by 2024.

9. What will be the DGB price by 2025?

DigiByte (DGB) price is expected to reach $1.8 by 2025.

10. What will be the DGB price by 2026?

DigiByte (DGB) price is expected to reach $2.4 by 2026.

Disclaimer: The opinion expressed in this chart solely author’s. It does not interpreted as investment advice. TheNewsCrypto team encourages all to do their own research before investing.

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Ep01- Dr. Ruja – Companion Guide For BBC’s “The Missing Cryptoqueen” Podcast

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Dr. Ruja, The Missing Cryptoqueen Podcast Logo
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Is Dr. Ruja Ignatova the cryptocurrency world’s biggest scammer? The competition is fierce, there are so many faces and stories fighting for that spot, but none of them is on the FBI Most Wanted List. Dr. Ruja is. Great, but, why is NewsBTC revisiting the 2019 true crime podcast “The Missing Cryptoqueen”? Because Jamie Bartlett, the journalist behind the project, just released a new episode. 

Is there new information? Did they FIND Dr. Ruja Ignatova? The only thing we know for sure is that there’ll be a few new episodes, and that’s all we needed to hear. A BBC production, “The Missing Cryptoqueen” features various music and sound design, witness testimonies, interviews, and sound bites. There’s even original music in this podcast extravaganza. 

NewsBTC will produce companion pieces for each of “The Missing Cryptoqueen.” With summaries, quotes from the episode, and extra material from all over the web, this is the feature people didn’t know they needed. Have this window open as you listen to each episode, it’ll enhance the already phenomenal experience.

You can download episodes directly at the BBC, or listen to “The Missing Cryptoqueen” through Apple, Spotify, or iVoox.

About Episode One – Dr. Ruja

This is the introductory episode, it presents Dr. Ruja Ignatova and the OneCoin world. We feel the size of the scam, we hear the people that fell for it and the true believers. It begins with Bitcoin and Satoshi Nakamoto’s story, goes to a OneCoin seminar in Mbarara, a town in Western Uganda, and ends with Dr. Ruja’s disappearance in October 2017.

In “The Missing Cryptoqueen’s” first episode also shows us what a charismatic leader could do with bitcoin’s story and narrative. If Dr. Ruja Ignatova didn’t plagiarize, she at least was heavily inspired by Satoshi Nakamoto’s mystique and discourse. Using quotes from her speeches, we hear Dr. Ruja speaking about a rotten financial system and corrupt banking institutions. About the possibility of banking the unbanked and what that would do for the world. About bitcoin’s pizza day story and how that could happen to them.

However, Dr. Ruja’s OneCoin was better than bitcoin. It was here to replace it, in fact.

Whenever you hear that, run. That should’ve been the witnesses’ first warning. In episode one, we hear about the OneLife network. The social part of the scam. We hear from a UK victim who assisted to the webinars, from a OneLife employee and insider, and we listen to an African song about OneCoin. There’s emotion in all of their voices. And an open wound.

Near the end, we hear about 2017 and Dr. Ruja’s disappearance from people that were there at the scene. What happened? So far, there are nine more episodes of BBC’s “The Missing Cryptoqueen.” Let’s cover them all. 

BTC price chart for 09/28/2022 on Bitstamp | Source: BTC/USD on TradingView.com

Quotes From Ep. 01 – “Dr. Ruja”

  • “Then, in late 2017, Dr. Ruja disappeared. One of Europe’s richest women, a woman who seemed destined to change the world had vanished.”
  • “It was impossible not to be impressed by Dr. Ruja. She appeared on the front cover of prestigious business magazines, she has degrees from Oxford and Konstanz University and is fluent in several languages.”
  • “Thousands of people were filling stadiums to hear Dr. Ruja talk, to buy OneCoin and join this financial revolution.”
  • “But in October 2017, there was a big OneCoin event in Lisbon, Portugal and Dr. Ruja was scheduled to speak.”

Extra Material And Episode Credits

This guide’s extra material comes courtesy of the podcast series’s IMDB page. In the description, IMDB gives us a good overview of what to expect from “The Missing Cryptoqueen.”

“Dr Ruja Ignatova called herself the Cryptoqueen. She told people she had invented a cryptocurrency to rival Bitcoin, and persuaded millions to join her financial revolution, investing billions. Then she disappeared. Why? Jamie Bartlett spent months investigating how she did it for the Missing Cryptoqueen podcast, and trying to figure out where she’s hiding.”

This 2019 clip with producer Georgia Catt also qualifies as a trailer for what’s to come:

And finally, the episode’s credits:

Presenter: Jamie Bartlett
Producer: Georgia Catt
Story consultant: Chris Berube
Editor: Philip Sellars
Original music and sound design: Phil Channell
Original music and vocals: Dessislava Stefanova and the London Bulgarian Choir

You’re part of NewsBTC’s “The Missing Cryptoqueen’s” listening group by just reading these guides. Let’s explore Dr. Ruja Ignatova’s world together.

Featured Image: “The Missing Cryptoqueen” logo from the BBC's site | Charts by TradingView

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Fantom Surprises With 5% Rally In Last 24 Hours – More Gains Ahead?

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Fantom
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Fantom (FTM) bounces back with a 5% rally in over 24 hours after it hit a massive low yesterday. On-chain metrics hint at a bull run. Still, buyers are still advised to be extra cautious.

  • FTM rallied 5% in the past 24 hours
  • Fantom’s on-chain metrics hinting a bullish movement
  • FTM experiencing strong selling pressure

FTM bulls are still trying to push through the resistance. Evidently, the downward movement in the past couple of weeks highlights that the lower timeframe is generally bearish.

Fantom Down Since August

Judging by the 12-hour chart, FTM is seen to spiral downward which has been in progress since August when Fantom breached below $0.38 as it retests the $0.33 resistance zone and key support at $0.286.

A higher timeframe range was also spotted on the charts from $0.31 to $.53. Notably, the $0.412 range has been the resistance and support level as seen since May.

Chart: TradingView.com

The two-hour chart for FTM reveals that another range may be formed. One was able to reach the range of $0.242 to 0.217.

According to CoinMarketCap, FTM price has slumped by 5.41% or trading at $0.2221 as of this writing.

While there is a possibility of a breach, the positioning of FTM sets it for a downtrend, especially with the increase in selling opportunities.

FTM RSI At 64, Hinting At A Bullish Movement

The crypto’s relative strength index peaking at 64 shows an obvious bullish movement with the OBV moving sideways as seen in the past week. With that in mind, even with FTM bouncing back from its low, both the price action and OBV aren’t hinting at any breakout at this point.

The resistance zone which worked as the key support in September could make significant strides again in the next couple of hours.

While buying FTM is a tempting feat it will only be an advantage when you do so under certain circumstances like a bullish market. However, Fantom is not shooting for a long-term range and is in fact even leaning towards a long-term downtrend.

A low-risk short may be apparent in the $0.244 range. An hourly session that closes above the $0. 251 zone will invalidate the bearish momentum. The bearish targets are spotted right at the middle of the range and include their lows.

Fantom Surprises With 5 Rally In Last 24 Hours –

FTMUSD pair trading at $0.2245 on the daily chart | Source: TradingView.com

Featured image from Zipmex, Chart: TradingView.com

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French Authorities Grant Crypto.com Regulatory License to Offer Services

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Cyprus Securities And Exchange Commission (Cysec) Grants Regulatory Approval To Crypto.com
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