Moving with the whole market
The total crypto market is −4.7% in 24 hours. DGB is −5.8%, about the same, so this looks like a market-wide move rather than something specific to DigiByte.
Why is the crypto market moving? →
DigiByte (DGB) is down 5.8% in the last 24 hours, trading at $0.00320. The whole crypto market is −4.7%, so this is mostly a market-wide move. Its sector, Layer 1 (L1), is −5.2% today.
Strongest signals first.
The total crypto market is −4.7% in 24 hours. DGB is −5.8%, about the same, so this looks like a market-wide move rather than something specific to DigiByte.
Why is the crypto market moving? →DigiByte is part of the Layer 1 (L1) sector, which is −5.2% today. DGB is moving with its sector.
Layer 1 (L1) sector →DGB at $0.00320 is below every daily close of the past month (previous low $0.00326). Breaking a recent low can trigger stop-loss selling.
Over the last 30 days, DGB's daily moves had a 0.38 correlation with Bitcoin (1 means identical direction). That is low: DGB has mostly moved on its own lately, while Bitcoin is −5.1% today.
Bitcoin price →DGB is −5.9% this week and −27% over 30 days, so today's move continues the monthly trend.
Volume is close to its 30-day average (0.8×), so there is no rush of buyers or sellers today.
The Crypto Fear & Greed Index reads 30 out of 100, down from 51 yesterday. Sentiment is not extreme either way.
Fear & Greed Index →See whether leveraged traders are being forced out of DGB positions right now, on the chart, in the Blockdeck app.
See VIP layers →DigiByte (DGB) is down 5.8% in the last 24 hours, trading at $0.00320. The whole crypto market is −4.7%, so this is mostly a market-wide move. Its sector, Layer 1 (L1), is −5.2% today.
Nobody can know that in advance, and Blockdeck does not make price predictions. What the data shows: DGB is −5.92% over 7 days and −26.80% over 30 days. Check the live chart and the signals above, and never trade more than you can afford to lose.
From measured market data, refreshed every few minutes: the whole market's move, DGB's link to Bitcoin over 30 days, its sector, trading volume against its 30-day average, recent news, where the price sits in its range, and market sentiment. Nothing here is guessed or written by hand.
Explanations are built from market data and are not financial advice.