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. 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. 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).

1. 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.
2. The Diamond Boyz Coin price prediction on CoinCodex is calculated using the historical Diamond Boyz Coin price dataset, accounting for past volatility and market movements.
3. To check Diamond Boyz Coin’s price live in the fiat currency of your choice, you can use Crypto.com’s converter feature in the top-right corner of this page.
4. 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.
5. Regulations, adoption by companies and governments, cryptocurrency exchange hacks, and other real-world events can also affect the price of DBZ.

Some candlestick formations are seen as likely to forecast bullish price action, while others are seen as bearish. 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. The RSI (Relative Strength Index) is a very popular technical indicator used to analyze prices of a variety of assets, including Diamond Boyz Coin.

DBZ is down -3.06% against Ethereum and down -5.14% against Bitcoin in the last 1 month. 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 Diamond Boyz Coin vision is a multi-faceted focus bringing together many points in the crypto sphere using our well established front-man (Johnny Dang).

Related cryptocurrencies

Compared to other crypto coins which started the same year as Diamond Boyz Coin it has below-average trading volume, average volume for the other 3598 coins started in 2021 is $303K while DBZ has $2. It is impossible to predict what Diamond Boyz Coin will be worth in five years. Therefore, it is impossible to accurately predict the price of Diamond Boyz Coin 5 years from now. ⚠ Trading cryptocurrencies involves risk, and may not be suitable for all investors. Cryptocurrency prices can be volatile and unpredictable, and may be influenced by various factors, including market manipulation, regulatory changes, and technological developments. 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.

Moving averages are among the most popular Diamond Boyz Coin price prediction tools. As the name suggests, a moving average provides the average closing price for DBZ over a selected time frame, which is divided into a number of periods of the same length. For dbz coin price chart example, a 12-day simple moving average for DBZ is a sum of DBZ’s closing prices over the last 12 days which is then divided by 12. Complete cryptocurrency market coverage with live coin prices, charts and crypto market cap featuring coins on 750 exchanges.

The Diamond Boyz Coin price prediction on CoinCodex is calculated using the historical Diamond Boyz Coin price dataset, accounting for past volatility and market movements. In addition, the algorithm uses the cyclical nature of Bitcoin halvings, which introduce extra supply-side pressure on BTC every 4 years. This has historically played a pivotal role in cryptocurrency markets and is a major component of creating a realistic Diamond Boyz Coin prediction. The current Diamond Boyz Coin sentiment is bullish according to our technical analysis.

At this moment, we can’t calculate the market cap as we don’t have the best approximation of the circulating supply. However, using the total supply as of Jan 30, The market capitalization of Diamond Boyz Coin will be $1.4 Million. 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 . The table above shows the number of days which Diamond Boyz Coin closed above a certain price level.

Currently, the RSI value is at 49.78, which indicates that the DBZ market is in a neutral position. 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 https://cryptolisting.org/ 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. Scores are based on common sense Formulas that we personally use to analyse crypto coins & tokens.

Diamond Boyz Coin, a peer-to-peer cryptocurrency created as a multipurpose tool to facilitate jewelry transactions, verification, and distribution. As well as a social access and utility token for payments, social events and nightlife. Regulations governing cryptocurrencies vary by jurisdiction and may change over time, which could impact the legality and use of cryptocurrencies. To get a better idea of what could happen to the Diamond Boyz Coin price in the future, it’s helpful to also explore Diamond Boyz Coin’s price history. If you are new to crypto, use the Crypto.com University and our Help Center to learn how to start buying Bitcoin, Ethereum, and other cryptocurrencies.

The readings produced by the RSI indicator range from 0 to 100, with 30 and 70 being important levels. 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. Many cryptocurrency traders pay close attention to the markets when the current Diamond Boyz Coin price crosses an important moving average like the 200-day SMA. The Fear & Greed Index combines several market and investment indicators, including 30- and 90-day volatility, trading volume, social media activity, and Google Trends data. The Fear & Greed Index can be a useful measure of Diamond Boyz Coin investors’ sentiment, and is based primarily on Bitcoin-related market data. Analysis was done on daily data, so all moving averages, RSI, etc.., were calculated on a daily Diamond Boyz Coin price chart.

The EMA gives more weight to more recent prices, and therefore reacts more quickly to recent price action. Currently, DBZ tokens are traded only on PancakeSwap decentralized exchanges, which operate on the Binance smart chain and can be bought only with a BNB coin. No centralized exchange listing means it’s less accessible for many investors, also trade volume is very low meaning buying or selling DBZ at the current price can be hard. Diamond Boyz Coin is a cryptocurrency that is highly volatile and therefore may not be suitable for all investors.

Track Diamond Boyz Coin price in real time, including market cap, volume, chart and all important DBZ coin stats for today

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. 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).

Diamond Boyz Coin price analysis

If you are planning to trade crypto, please consult a financial adviser. Currently, the Diamond Boyz Coin Fear & Greed Index stands at 55, which means that investors’ sentiment is in the so-called Greed zone. Currencies that are positively correlated with Diamond Boyz Coin indicate that the movement of one has a statistically significant weight to lead the other in the same direction.

What was the lowest price?

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. Based on multiple technical quantitative indicators, the current forecast for Diamond Boyz Coin in 2024 is bullish. This could be an indication that Diamond Boyz Coin is a good buy in 2024. However, it’s important to consider both technical factors (price history) and fundamental factors (on-chain activity and development) before making the decision to buy Diamond Boyz Coin or not.

What is the price of Diamond Boyz Coin (DBZ) token?

To see more analysis and outlook, please check the Diamond Boyz Coin price prediction page. 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. The chart is divided into “candles” that give us information about Diamond Boyz Coin’s price action in 1-hour chunks. Each candlestick will display DBZ’s opening price, closing price, as well as the highest and lowest prices that Diamond Boyz Coin reached within the 1-hour period. In addition to the simple moving average (SMA), traders also use another type of moving average called the exponential moving average (EMA).