$DGB 24-hour price analysis

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From the chart, we can further analyze the current trend:

Data Observation:

  1. Price and Moving Average:
  • Current price: 0.00907, has broken through the moving averages MA(7), MA(25), and MA(99), and continues to run above them, indicating a strong short-term trend.
  • The rise slope of the short-term moving average MA(7) is relatively large, indicating that the pump momentum is still there.
  1. Trading Volume:
  • The Trading Volume amplifies during the pump process, then slightly decreases, but still remains at a relatively high level, indicating that the market long positions still have the initiative.
  1. MACD:
  • The MACD fast line and slow line are diverging upwards, and the histogram is in the positive zone, which indicates a relatively healthy pump trend in the current market.
  1. RSI:
  • RSI(6) = 66.35 and RSI(12) = 66.24, indicating that the market is approaching the Overbought zone, but has not fully entered it, suggesting that there may still be room for further upward momentum.
  1. KDJ:
  • The Candlestick and D lines of the KDJ indicator are at high levels but not completely flat, indicating that there is still pump momentum in the short term, but the risk of following the Overbought zone needs to be considered.

Price Trend Prediction for the Next 24 Hours:

  1. Pump Space: If the price stays above 0.00900 and the trading volume further increases, the price may test the range of 0.00950-0.00980.
  2. Adjusting Risk:
  • If the Trading Volume continues to shrink, there may be a short-term retracement, the support level is between 0.00850-0.00870, with strong support near the MA(25) (approximately 0.00800).

Strategy Recommendation:

  • Position Holder: If the price stabilizes at 0.00900, it can be held for observation with a target range of 0.00950-0.00980.
  • If it falls below 0.00850, consider reduce positiontake profit.
  • Potential buyers:
  • Buy low when the price pulls back to the 0.00850-0.00870 area, set the stop loss below 0.00800.

Please adjust your strategy in a timely manner according to market changes and maintain Risk Management!

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