Coin of the day is DigiByte.
DigiByte’s supporters call DGB coin a sleeping giant of cryptocurrency. The coin exists more than three years now. Founded in 2014, it’s part of the older class of cryptocurrency projects, focusing on improving security, decentralization, and speed.
Lately, the coin started to gain upward momentum and drawing a bottoming pattern. Today DGBBTC has already broken all Bearish Trend Line resistances; this breakthrough was supported by high volumes.
Despite the bearish global picture (overall, the coin had a massive fall), recent bullish signs could point on the beginning of the bottoming and beginning of the new bullish cycle.
From below, the 0.0000275 support is crucial and should hold for the further uptrend development.
From the upside DGB will have a lot of obstacles, the nearest ones are 0.0000035, 100-days EMA and 0.00004 levels.
DigiByte’s supporters call DGB coin a sleeping giant of cryptocurrency. The coin exists more than three years now. Founded in 2014, it’s part of the older class of cryptocurrency projects, focusing on improving security, decentralization, and speed.
Lately, the coin started to gain upward momentum and drawing a bottoming pattern. Today DGBBTC has already broken all Bearish Trend Line resistances; this breakthrough was supported by high volumes.
Despite the bearish global picture (overall, the coin had a massive fall), recent bullish signs could point on the beginning of the bottoming and beginning of the new bullish cycle.
From below, the 0.0000275 support is crucial and should hold for the further uptrend development.
From the upside DGB will have a lot of obstacles, the nearest ones are 0.0000035, 100-days EMA and 0.00004 levels.
