by The purpose of a moving average (MA) is to smooth price action over a certain amount of time. Moving averages are a lagging indicator which means they are based on previous price action. In the table below you can find two types of moving averages, simple moving average (SMA) and exponential moving average (EMA). Complete cryptocurrency market coverage with live coin prices, charts and crypto market cap featuring coins on 750 exchanges. CoinCheckup provides live cryptocurrency prices and charts, listed by crypto market cap.
When trying to make a Diamond Boyz Coin forecast, many traders also try to monitor the activity of DBZ “whales”, which are entities and individuals that control large amounts of DBZ. Since the Diamond Boyz Coin market is relatively small compared to traditional markets, “whales” can single-handedly have a big influence on Diamond Boyz Coin’s price movements. Over the past 7 days, Diamond Boyz Coin price was most positively correlated with the price of and most negatively correlated with the price of . No part of the content we provide constitutes financial advice on coin prices, legal advice, or any other form of advice meant for you to rely on for any purpose. Any use or reliance on our content is solely at your own risk and discretion. Johnny Dang is a staple in the jewelry sector and his celebrity brand has given us a large amount of leeway when diving into the cryptocurrency industry.
- The 200-day SMA is calculated by taking Diamond Boyz Coin’s closing prices in the last 200 days, adding them together, and dividing the total by 200.
- Most of the time, other investments will give you a profit for sure.
- Let’s use a 1-hour candlestick chart as an example of how this type of price chart gives us information about opening and closing prices.
- A measure of how much of a cryptocurrency was traded in the last 24 hours.
So, even if the coin is new in the market, a rise in price is not a hard thing to do. Diamond Boyz Coin traders use a variety of tools to try and determine the direction in which the DBZ market is likely to head next. These tools can roughly be divided into indicators and chart patterns. There are coins that focus on online gaming, there are tokens for e-commerce, and there are tokens that have their own niche. There are various celebrities who have shown interest in the token. So, you can say that this coin is a link between the jewelry industry and cryptocurrency.
An RSI reading under 30 indicates that the asset is currently undervalued, while an RSI reading above 70 indicates that the asset is currently overvalued. The current Diamond Boyz Coin sentiment is bullish according to our technical analysis. Founded in June 2021, The Diamond Boyz Coin is a BEP20 based token using BNB Smart Chain to bridge the gap between the real world and blockchain technology.
Live Coin Watch
Therefore, it is impossible to accurately predict the price of Diamond Boyz Coin 5 years from now. The Diamond Swap is still increasing its popularity, and there are a lot of advanced features for users that the company is claiming. People can get both jewelry and entertainment at the same time with the platform. There are authentic jewelry transactions and NFT concert collections, and you can also get into the tech-built industry.
The market capitalization of Diamond Boyz Coin can change significantly in a short period of time. Most traders use candlestick charts, dbz coin price as they provide more information than a simple line chart. 1-hour, 4-hour and 1-day candlestick charts are among the most popular.
$DBZ is different because they have a 20 year standing relationship with influencers worldwide using their founder Johnny Dang’s celebrity network. The Diamond Boyz Coin ongoing development plan is to use the $DBZ coin as the native token when swapping for NFT’s. The Diamond Boyz Coin price page is just one in Crypto.com Price Index that features price history, price ticker, market cap, and live charts for the top cryptocurrencies. Diamond Boyz Coin’s price today is US$0.00157, with a 24-hour trading volume of $N/A.
Diamond Boyz Coin Price Closing History by Level
Currently, the Diamond Boyz Coin Fear & Greed Index stands at 61, which means that investors’ sentiment is in the so-called Greed zone. Diamond Boyz Coin https://cryptolisting.org/ price in US Dollar has decreased by -3.03% in the last 1 month. DBZ is down -3.83% against Ethereum and down -5.67% against Bitcoin in the last 1 month.
Diamond Boyz Coin
And there is no other industry that is in the jewelry industry, so as a pioneer, this platform has a better opportunity. If you see and compare other platforms, then you can see that at the initial level, most tokens’ price is very low. Over the last 30 days, Diamond Boyz Coin had 14/30 (47%) green days. According to our historical data, it is currently profitable to invest in Diamond Boyz Coin.
Diamond Boyz Coin PriceDBZ
The price of Diamond Boyz Coin decreased by -27.97% in the last 1 year. Since 2017, DigitalCoinPrice has become one of the trusted brands within the crypto community. This success award goes to the combination of people, accurate crypto market analysis and data, the latest news, latest blogs, advertisement placements, and many more. $DBZ is different because we have a 20 year standing relationship with influencers worldwide using our founder Johnny Dang’s celebrity network.
50-day, 100-day and 200-day moving averages are among the most commonly used indicators in the crypto market to identify important resistance and support levels. If the DBZ price moves above any of these averages, it is generally seen as a bullish sign for Diamond Boyz Coin. Conversely, a drop below an important moving average is usually a sign of weakness in the DBZ market.
Trading and investing in digital assets is highly speculative and comes with many risks. The analysis / stats on CoinCheckup.com are for informational purposes and should not be considered investment advice. Statements and financial information on CoinCheckup.com should not be construed as an endorsement or recommendation to buy, sell or hold. Please do your own research on all of your investments carefully. Scores are based on common sense Formulas that we personally use to analyse crypto coins & tokens.
Some charts will use hollow and filled candlestick bodies instead of colors to represent the same thing. The Relative Strength Index (RSI) momentum oscillator is a popular indicator that signals whether a cryptocurrency is oversold (below 30) or overbought (above 70). Currently, the RSI value is at 52.99, which indicates that the DBZ market is in a neutral position.
