The most bullish month for DGTX could be April, when the currency is anticipated to trade -2.53% lower than today. In 2024, Digitex Futures (DGTX) is anticipated to change hands in a trading channel between $ 0.0₅8028 and $ 0.0₅8676, leading to an average annualized price of $ 0.0₅8307. This could result in a potential return on investment of 0.00% compared to the current rates. Reddit is a popular platform where cryptocurrency communities often gather to discuss news, trends, and insights related to a particular coin.
This link is provided solely for informational purposes and is not an endorsement in any way. We recommend that you exercise extreme caution and consult a registered investment advisor before taking any action. The total supply available for purchase during the token sale was 1,000,000,000 DGTX. Traders also like to use the RSI and Fibonacci retracement level indicators to try and ascertain the future direction of the DGTX price. Over the past 7 days, Digitex Futures price was most positively correlated with the price of and most negatively correlated with the price of .
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When trying to make a Digitex Futures forecast, many traders also try to monitor the activity of DGTX “whales”, which are entities and individuals that control large amounts of DGTX. Since the Digitex Futures market is relatively small compared to traditional markets, “whales” can single-handedly have a big influence on Digitex Futures’s price movements. According to our digitex futures price historical data, it is currently not profitable to invest in Digitex Futures. The price of Digitex Futures decreased by 0.00% in the last 1 year, while the coin’s 3-year performance is -99.84%. Based on our Digitex Futures prediction chart, the price of Digitex Futures will increase by 0.00% and reach $ 0.0₅8676 by Nov 18, 2024. In the long term, Digitex Futures could reach a price of $ 0.0₆6760 in January of 2030.
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Analysis was done on daily data, so all moving averages, RSI, etc.., were calculated on a daily Digitex Futures price chart. To see more analysis and outlook, please check the Digitex Futures price prediction page. In addition to the simple moving average (SMA), traders also use another type of moving average called the exponential moving average (EMA). The EMA gives more weight to more recent prices, and therefore reacts more quickly to recent price action. Digitex Futures traders use a variety of tools to try and determine the direction in which the DGTX market is likely to head next. Based on our algorithmically generated price prediction for Digitex Futures, the price of DGTX is expected to increase by -4.31% in the next month and reach $ 0.0₅8303 on Dec 17, 2024.
According to our Digitex Futures prediction algorithm, the price of Digitex Futures will not reach $1. Digitex Futures is predicted to finish the year by changing hands in a trading channel between $ 0.0₅8028 and $ 0.0₅8292. This would entail that the price of DGTX decreased by -6.39% in comparison to today’s prices (assuming December’s average price of $ 0.0₅8122). In other words, investors would generate a potential profit of 4.43% if DGTX follows the prediction. As of Nov 18, Digitex Futures has a market capitalization of $23.8 Thousand and is ranked #6861 among all cryptocurrencies. This calculation is based on the circulating supply of Digitex Futures However, if we take into account the total supply of Digitex Futures, the market capitalization would be $31.3 Thousand.
- Some charts will use hollow and filled candlestick bodies instead of colors to represent the same thing.
- There was no trade for the last 24 hours, meaning no one sold or bought this coin.
- Finally, Digitex Futures is expected to trade at $ 0.0₅7973 on Nov 17, 2025, following a -8.10% value increase in one year.
- This has historically played a pivotal role in cryptocurrency markets and is a major component of creating a realistic Digitex Futures prediction.
- Conversely, a drop below an important moving average is usually a sign of weakness in the DGTX market.
Analyzing Reddit stats can provide valuable insights into the community’s sentiment and engagement with a particular cryptocurrency. The 200-day SMA is calculated by taking Digitex Futures’s closing prices in the last 200 days, adding them together, and dividing the total by 200. Based on our technical indicators, Digitex Futures’s 200-day SMA will drop in the next month and will hit $ 0.0₅8649 by Dec 17, 2024. Digitex Futures’s short-term 50-Day SMA is estimated to hit $ 0.0₅8566 by Dec 17, 2024. Another unique feature of DGTX is the use of a decentralized price ladder which shows real-time market sentiment and reduces latency issues that can occur during volatile price periods.
How to use Digitex Futures coin in API?
Moving averages are among the most popular Digitex Futures price prediction tools. As the name suggests, a moving average provides the average closing price for DGTX over a selected time frame, which is divided into a number of periods of the same length. For example, a 12-day simple moving average for DGTX is a sum of DGTX’s closing prices over the last 12 days which is then divided by 12. According to our current Digitex Futures price prediction, the price of Digitex Futures is predicted to drop by -4.31% and reach $ 0.0₅8303 by December 17, 2024. Per our technical indicators, the current sentiment is Bearish while the Fear & Greed Index is showing 90 (Extreme Greed).
Forecasts for November suggest a shift of the market trend, with a potential price decrease to $ 0.0₅8492. The expected price range lies between $ 0.0₅8267 and $ 0.0₅8676, influenced by last month’s market performance. Investors may witness a potential gain of 4.71%, if they decide to buy DGTX at current prices and short sell it at predicted rates. Just like with any other asset, the price action of Digitex Futures is driven by supply and demand. These dynamics can be influenced by fundamental events such as block reward halvings, hard forks or new protocol updates.
The company holds itself accountable by conducting regular audits through blockchain analytics firms. Wealth distribution is an important factor to consider when researching a cryptocurrency. It refers to the percentage of the total supply of the cryptocurrency held by the top wallet addresses. It’s also important to pay attention to the color of the candle – a green candle means that the closing price was higher than the opening price, while a red candle tells us the opposite.
