Having a fixed stop loss is a must in this situation; the position size should be kept to a minimum and with regard to a much larger risk-reward ratio. While VIX was used to gauge the volatility within the next 30 days, CVIX has been ameliorated to the extent that it’s now capable of anticipating the volatility and the market movement for months and even years ahead. Yesterday, on May 3, the average-weighted trading volume recorded at the end of the trading period stood at $54 611. 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.

As of May 04, The market capitalization of Digitex Futures is $27 Thousand, it’s ranked as #2050 this is when calculating mcap with circulating supply if with total supply market cap will be $ 35.5 Thousand. However, as already explained, the price of Digitex Futures isn’t the only variable that we consider when making the price prediction. It’s also important to keep a keen eye on changes in the market capitalization of the digital asset under review in order to have a clear view of where the market is heading.

But even though these factors could temporarily shock the market, they don’t affect our longer-term forecasts that fall in line with the sustainable maturity path. Get cryptocurrency price predictions, forecasts with analysis and news right to your inbox. Now comes the time to explain in detail https://cryptolisting.org/ the essence of the Crypto Volatility Index since it’s a centerpiece of our price prediction model that allows us to foresee the path that Digitex Futures will follow over the next 1 to 5 years. Last week, on April 27, the market capitalization of the coin in question was recorded at $24 311.

Nowadays, it’s an asset class that is substantially regulated and even adopted as legal tender. Some large investment banks even acquire Digitex Futures and other cryptocurrencies en masse in order to protect their assets under management against the galloping inflation that cripples the traditional financial markets. A list of the top Digitex Futures markets across all crypto exchanges based on the highest 24h trading volume, with their current price. DGTX token has different path in the price graph, initially after completing ICO in may 2018 the price maintaining the average price of $0.0072 USD. The first breakout movement for Digitex was begin in august 2018 and then it reaches to $0.16 USD i.e. counted as all-time high till now.

DGTX to USD Converter

The table above shows the number of days which Digitex Futures closed above a certain price level. A month ago, on April 4, the market value of Digitex Futures was assessed to be $24 298. Presented below is the in-depth analysis of Digitex Futures price action and the detailed prediction of its value change over the stretch of 1 to 5 years.

With its own native currency, called the DGTX token, the exchange covers costs by creating and selling a small number of new DGTX tokens each year instead of charging transaction fees. For this reason, a foresighted investor should build at least a part of his or her portfolio around cryptocurrencies for the purpose of diversification and to be able to withstand the possible turmoils on traditional financial markets. However, due to the inherent volatility of DGTX and the overwhelming majority of other cryptocurrencies, having crypto in the portfolio requires closer monitoring of the occurrences on said markets to be able to enter/exit the position at the most appropriate moment. It’s understandable that most investors don’t have the full time capacity to follow the markets at all times or predict their potential movements.

To facilitate this task, the following Digitex Futures price prediction has been elaborated with the assistance of the advanced instrument dubbed the Crypto Volatility Index to ensure the accuracy and the validity of this DGTX price forecast model. But before digging into the Digitex Futures price analysis and forecast, allow us to reiterate the fundamental rules of proper approach towards investing in cryptocurrencies. Get a full overview of the Digitex Futures price history with our historical price data page. Access the entire Digitex Futures value history – simply select the time range you’re interested in and you’ll be able to find the open, high, low and close data for the Digitex Futures price, as well as historical DGTX trading volume and market capitalization.

• Get a full overview of the Digitex Futures price history with our historical price data page.
• The Digitex Futures Exchange allows traders to buy and sell futures contracts on various digital assets, commodities and financial instruments.
• Jan 15, 2018, was the day when a smart contract for token was started on the Ethereum platform, approximately 5 years ago.
• Having covered that, let’s review the trading volume recorded on the Digitex Futures market over the following time frames.

An overview showing the statistics of Digitex Futures, such as the base and quote currency, the rank, and trading volume. Use the calculator to convert real-time prices between all available cryptocurrencies and fiat. For the last 30 days, more than 1 DGTX transactions have been made, on average daily 0.03 completed transactions. After the start of the token on Jan 15, 2018, on the Ethereum platform, more than 14,588 wallets owned/owns DGTX also 155,429 successful token transactions have been recorded till today.

DGTX Exchanges

The analysis of market capitalization carries equal importance in both cryptocurrency and traditional markets. In fact, the same mathematical approach is used to determine the overall position and popularity of digital assets and stocks, for instance. Changes in market capitalization – positive or negative – are also indicative of the way in which the said market might be heading, as well as the asset’s potential for making gains or posting losses in both short and long-term perspectives. This particular metric is also used to gauge the dominance of Digitex Futures in relation to the rest of the cryptocurrency market, the changes in which might also offer hints at its future performance.

As already mentioned, coin supply plays a crucial role in calculating the market capitalization of Digitex Futures and other cryptocurrencies and proper assessment of their future potential. But it’s also important to be able to draw the line between different types of supply, namely the circulating, the total, and the maximum number of coins in existence. The project bringing the change in the crypto exchange by giving investor and traders to buy and sell their crypto at real price without charging fees.

It is an Ethereum based protocol token ERC-223 compatible with all ERC-20 protocols and ether. The price of BTC broke into $30,000 finally last week after a three-week consolidation after traders returned from the Easter holidays. Altcoin prices have crumbled since BTC’s sharp pullback, but BNB, ADA, XMR and TON could be the first to bottom. BlackRock, the world’s largest asset manager, recently announced that it will sell some of its portfolio of securities from failed banks and other distressed assets… Now that you know the distinction between these three categories of cryptocurrencies, it would be much easier to make an educated decision regarding the composition of your crypto portfolio.

Circulating supply

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However, that isn’t the last metric that we take into account when drawing the Digitex Futures price prediction for the near-term future. Trading volume is something that all cryptocurrency traders are heavily reliant on when analyzing the market and trying to forecast the price movement. This particular term indicates the number of units transacted between buyers and sellers and vice versa over a particular time frame. The elevated trading volume usually points to the increased interest in DGTX or other cryptocurrency and often provides strong confirmation of the intentions of market participants. For instance, crypto speculators tend to avoid trading breakouts that aren’t happening on the backdrop of growing trading volume because it signals that the market mightn’t possess enough strength to go past a certain resistance level. The same principle is applied when estimating the strength of the trend or spotting trend reversals.

To determine the current market capitalization of DGTX, we multiply the circulating supply, the parameter that will be explained later, by the present value of the cryptocurrency under review. As of today, the market capitalization of Digitex Futures stands at $44 365, digitex futures price which forms the basis for its present ranking that was mentioned earlier. Also, high trading volume usually showcases that the liquidity is flowing into that market which indicates the general interest in the cryptocurrencies and ensures smooth execution of trades.

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Network adapts decentralized smart contract based on Ethereum Blockchain to replace centralized account balance. The Digitex Futures Exchange allows traders to buy and sell futures contracts on various digital assets, commodities and financial instruments. All trades are fee free, and the DGTX token derives value as traders on the platform must have a balance of DGTX in order to place trades, and can also win or lose their DGTX. In our case, Digitex Futures has an infinite supply of coins, which means that they will be produced for as long as that blockchain exists.

Jan 15, 2018, was the day when a smart contract for token was started on the Ethereum platform, approximately 5 years ago. The team was founded by Adam Todd, a seasoned management expert and a start-up builder. He is supported by dedicated team members who are experienced in finance, blockchain industry, R&D and security.

The Digitex Futures is a decentralized, non-custodial exchange platform that has its native currency called DGTX token. This noble objective will guarantee high liquid futures markets are attracting large volume trading in the exchange space. We know platform like Binance, Bitmex and OKEX reportedly gaining huge number of new investors, the main reason behind this is they charged very low transaction fess which nearly less than 0.1%.