DigiByte Price Prediction 2022: Market Analysis and Opinions

Amid a flurry of market uncertainty, DGB crypto has made waves over Digibyte price prediction as investors scramble to determine where this coin is headed next. Besides letting investors accumulate at a discount, the recent price action hints that DGB could soon join the iconic club of crypto unicorns.

Investors can sleep owning this coin if bullish DGB price prediction is anything. The recent drop is your chance to scoop up these compelling bargains for a bullish Digibyte price prediction for 2025. However, unfortunately, value investing does not come any steadier than this crypto does: here is the complete analysis.

DigiByte Price Prediction | Introduction

When making this Digibyte price prediction, the DGB coin was trading at $0.02527, according to data available on CoinMarketCap. The market cap of the DBG coin was nearly $384 million at this price, fully diluted to over $529 million.

It is a challenging time to be a digital currency. Since the start of 2022, the market, in general, has declined significantly and shot down gains made in the final quarter of 2021. Digibyte is no different. Thanks to its reliable underlying business, the coin has borne the brunt of this uncertainty but survived.

Digibyte has one of the most dependable transactional users in the world. This digital currency continues to grow, and the prospects for a bullish DGB price prediction continue to look good even as tight consolidation forces some investors out of the market.

DigiByte Price Prediction: Technical Analysis

For a competitive look at the prospects of investing in DGB, the recent price action to identify levels of strength and weakness and opportunity and threat will complete this Digibyte price prediction 2025. Here is a summary of the recent price action:

DGB price looks poised to set up a long opportunity before rallying up to 50% based on the first look of the recent price action. The crypto is currently retesting historical support levels that have a reputation for catapulting DGB in the past and breaking DGB price prediction 2021.

Towards the end of 2020, DGB traded in consolidation for months before exploding to the current all-time high. This run-up pushed the Digibyte coin through multiple hurdles in 2021 – it is now ready to set up the same leg in 2022.

So far, DGB has traded downward since 2021, and before, it traded sideways after setting up an all-time high in 2021. The push downward is causing technical indicators to flash red with sell signals. This technical formation forecasts a red candlestick downswing to allow sidelined investors to pick up DGB.

The resulting pullback will shatter the SMA and push Digibyte crypto price prediction to retest the $0.03174 level. Here, buyers can accumulate long positions in expectations of DGB reversing and going higher again.

The rally that originated here is likely to slice through the yearly open at $0.033349 and tag the $0.034810 resistance barrier. Here, buyers might face a slight issue, and clearing it will send DGB towards the weekly supply zone extending from $0.03174 to $0.03917.

DigiByte Price Prediction: Technical Conclusion

While the Digibyte price prediction outlook is bullish, a minor pullback seems likely. However, if the selling pressure is heavier, it will signal a more profound weakness among buyers, leading to a breach of the $0.02480 barrier.

A daily candlestick formation below $0.01858 will invalidate the bullish DGB price prediction. This development will open the path for DGB to revisit the $0.01622 support level. However, buyers may set up a double bottom and give the uptrend another go.

DigiByte Price Prediction: Market Opinions

2022 has been unpredictable thus far for cryptocurrencies, but these influencers and forecasting systems have a lot to say concerning Digibyte price prediction. Here are some of the notable DGB price prediction scenarios that will reveal the attitude of the market towards DGB:

Digibyte Price Forecast for March-April

TradingBeasts

TradingBeasts Digibyte price prediction for the coming months determines that Digibyte will continue its rebound rally and surge despite the bearish regime on the market. The Digibyte price forecast for March – April eyes $0.04982, where it is likely to hit pause and build momentum for a move further.

Long Forecast

Long Forecast predicts a drop to the crucial support level, converting it into a launching pad to validate the Digibyte price forecast for March – April. From here on, DGB will see a minor uptrend that is likely to face rejection at $0.04788.

Digibyte Price Forecast for the Rest of the Year

WalletInvestor

WalletInvestor screams buy as DGB readies for a 50% breakout, according to its Digibyte price forecast for the rest of the year. As a result, Digibyte price could trigger a new leg-up to position itself to capitalize on the forecasted bullish season that will DGB hit $0.0538 based on this DGB price prediction.

DigitalCoin

DigitalCoin sees upside potential capped at $0.0529, likely with DGB slicing through the significant resistance level to retest the all-time high level. In this Digibyte price forecast for the rest of the year, investors expect DGB to see a relief rally emerging to $0.0457 and $0.0491.

Digibyte Price Forecast for the Next Year

PricePrediction

PricePrediction predicts a V-shaped recovery for Digibyte price prediction that will be validated by the support around $0.026 and $0.027. This bounce would result in a retest of $0.031. While this Digibyte price forecast for the next year is optimistic, a massive blockade plagues its path moving forward.

Gov.Capital

Gov.Capital eyes a 35% move as Digibyte crypto consolidates to form a base devoid of market uncertainty. The Digibyte price forecast for the following year’s eyes testing of the resistance barrier at $0.06987 triggered an upswing with the potential for recovering all gains lost.

Cryptocurrency Experts and Influencers

Nimabahemmat DGB price prediction sees Digibyte retesting $0.06 as the coin could breach a month-old resistance barrier, flipping it into a support level that will set the pace for its performance for the rest of the year.

CertTrades determines DGB price is likely to crash before moving on the resistance level as BTC pulls up the broad market from uncertainty. This bullish DGB price prediction will see the coin enter the demand zone eyeing bullish momentum to bring about a turnaround for $0.09.  

Latest News and Happenings Concerning DigiByte

Digibyte ecosystem is undergoing a string of developments that seek to bring about positive change, improve the user experience, and lower the onboarding of crypto applications in everyday transactions. That means making it easier for people to adopt and use DGB crypto.

Best exchanges where you can buy Digibyte:

• Binance;
• Kucoin;
• Kucoin;
• Wazirx;
• and many others.

Related articles: Holo Price Prediction | VTHO Price Prediction | Ravencoin Price Prediction

DigiByte Price Prediction: Verdict

Rumblings about the bearish market have reached a fever pitch, but investors rely on DGB to provide safety from the uncertainties in the market and deliver massive gains. As a result, the average Digibyte price prediction is bullish.