Crypto Rating presents DigiByte price forecast and prediction for today, July 10, 2020. These forecast includes short-term price predictions (day, week, month) as well as long-term predictions (1-5 years) thus providing crypto investors basic guidelines.
Before revealing our algorithm's comprehensive analysis and predictions we recommend the potential investors to focus on the Volatility Index. It's one of the main things to be taken into consideration during DigiByte's investment assessment. The Volatility Index reflects monthly price fluctuations within the 10% range. Our price prediction algorithm calculates the average monthly price for DigiByte and analyzes the number of deviations in the indicated range.
The DGB's Volatility Index for the current month is 366. Such a high Volatility Index indicates that DigiByte fluctuates dramatically in terms of average monthly price. It means DigiByte investments include high risks and unpredictable results. But in terms of swing trading or short-term trading this cryptocurrency is highly suitable and recommended.
The current DigiByte price is $0.021333, its circulating supply is 13 329 645 633 DGB. Our machine learning algorithm gives a target price of $0.022409 for tomorrow which means 5.04% change from the current price.
After examining the DigiByte market capitalization, 24 hours volume and historical data our algorithm predicts that DGB price will be $0.026148 in 1 week. That is 22.57% from the current level.
Our AI algorithm expects the price of DGB to be $0.023880 in 1 month, 11.94% change. Our deep learning algorithm predicts the DGB price will be at $0.044364 in 6 months. Analysis of the cryptocurrency market shows that DigiByte price may reach $0.087276 by 1st of January 2021 driven by the potential interest from large institutional investors and more regulation expected in the field of digital currencies. The system predicts that DGB will stay around $0.049614 in 2021, $0.087276 in 2022, $0.160146 in 2023, $0.303570 in 2024 and $0.580032 in 2025.
While creating the DigiByte forecast our script has revealed strong fluctuations during the last 180 days. The highest possible predicted price in 180 day period is $0.044364 and lowest possible predicted price is $0.043095.
The current market dynamics creates the impression that investors' interest in cryptocurrency market has faded away, which may not be the case. Cryptocurrencies that truly deliver value will not vanish, they will continue to grow – and DigiByte has the potential to stay within "survivors" team. Our DigiByte short-term and long-term prediction charts will help you choose the right entry time and create a proper exit plan.
Keep a close look on our DigiByte Price Prediction Forecast Tool to get daily, weekly, monthly and yearly DigiByte forecast updated daily. You can also check other cryptocurrency price prediction here.
|4 years||$0.303570||1 323.01%|
|5 years||$0.580032||2 618.94%|
What is the current price of DigiByte (DGB)?
The current price of DigiByte is $0.021333.
What is the current market capitalization of DigiByte (DGB)?
The current market capitalization of DigiByte is $284 354 844.
What will be the price of DigiByte (DGB) Tomorrow?
Our algorithm forecasts that the price of DigiByte will reach $0.022409 tomorrow.
In 1 year from now what will 1 DigiByte be worth?
As per the forecast and algorithmic analysis, the the price of 1 DigiByte will be around $0.049614.
Is it profitable to invest in DigiByte (DGB)?
The investment period is the number 1 decisive factor here. Based on last year price data the system would put "With Caution" investment status for DigiByte (DGB) as a short term investment. DigiByte can get a "Profitable" investment status based on our prediction algorithm with long term investment horizon of 3 to 5 years.
Will DigiByte be growing in the Future?
DigiByte is potentially one of the most profitable among digital coins.
How high can the Price of DigiByte go?
Our algorithm forecasts that the price of DigiByte will reach $0.580032 by 2023.
Is DigiByte (DGB) flashing a "Buy" signal now?
Yes, our algorithm predicts it's the right time to buy DigiByte now.
We publish the most accurate DigiByte Forecasts and News including crypto industry experts' opinion on a daily basis
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|Сryptocurrency||Volatility index||Price||Change, 24h|
|UNUS SED LEO||95||$1.22||0.24%|