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). To get a better idea of what could happen to the Diamond Boyz Coin price in the future, it’s helpful to also https://cryptolisting.org/ explore Diamond Boyz Coin’s price history. Regulations governing cryptocurrencies vary by jurisdiction and may change over time, which could impact the legality and use of cryptocurrencies. If you are planning to trade crypto, please consult a financial adviser. 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.
- You should also be aware of the potential for loss, and only invest what you can afford to lose.
- Get latest crypto prices, predictions,
news, and historical data for Bitcoin and thousands of altcoins. - 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.
- 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.
From NFT concert collections to authenticating Jewelry transactions, $DBZ will lead cryptocurrency tech using a previously built industry. 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 . Diamond Boyz Coin currently sits above all 10,20,50,100, and 200-day EMAs.
Diamond Boyz Coin Key Price Levels
Some charts will use hollow and filled candlestick bodies instead of colors to represent the same thing. According to our historical data, it is currently profitable to invest in Diamond Boyz Coin. 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 49.78, which indicates that the DBZ market is in a neutral position. Diamond Boyz Coin, a peer-to-peer cryptocurrency created as a multipurpose tool to facilitate jewelry transactions, verification, and distribution.
DBZRank 0
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). 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.
DBZ to USD Converter
As well as a social access and utility token for payments, social events and nightlife. Traders also like to use the RSI and Fibonacci retracement level indicators to try and ascertain the future direction of the DBZ price. 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. $DBZ is different because they have a 20 year standing relationship with influencers worldwide using their founder Johnny Dang’s celebrity network.
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. The current Diamond Boyz Coin sentiment is bullish according to our technical analysis. 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. This website is using a security service to protect itself from online attacks. There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data.
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. For currencies that are negatively correlated with Diamond Boyz Coin, a move in one direction for Diamond Boyz Coin would translate into a move in the opposite direction for the negatively correlated coin.
Most traders use candlestick charts, as they provide more information than a simple line chart. 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. CoinCarp does not currently have price data for Diamond Boyz Coin as it has yet to be listed on any cryptocurrency exchanges (CEX or DEX). Once Diamond Boyz Coin is live on an exchange, CoinCarp will provide real-time Diamond Boyz Coin (DBZ) token prices from different exchanges. Some traders try to identify candlestick patterns when making cryptocurrency price predictions to try and get an edge over the competition.
Diamond Boyz Coin (DBZ) Chart
These dynamics can be influenced by fundamental events such as block reward halvings, hard forks or new protocol updates. Regulations, adoption by companies and governments, cryptocurrency exchange hacks, and other real-world events can also affect the price of DBZ. The market capitalization of Diamond Boyz Coin can change significantly in a short period of time. Moving averages are among the most popular Diamond Boyz Coin price prediction tools.
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. 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 dbz coin chart indicator used to analyze prices of a variety of assets, including Diamond Boyz Coin. 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.
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. 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.
Analysis was done on daily data, so all moving averages, RSI, etc.., were calculated on a daily Diamond Boyz Coin price chart. To see more analysis and outlook, please check the Diamond Boyz Coin price prediction page. Diamond Boyz Coin is a cryptocurrency that is highly volatile and therefore may not be suitable for all investors. 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.