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DGB

Digibyte looks like it’s validating the invh&s breakoutDigibyte shown here on the daily chart showing a nice bullish impulse firmly above the neckline of its inverse head and shoulders pattern. Already well on the way to the breakout target here so very likely validating the breakout. Also doing so a day or so before it has its golden cross. Once it reaches the full breakout target it’s likely to test the next potential resistance of the yellow horizontal trendline. That trendline is actually the neckline of a larger double bottom pattern. Wouldn’t be surprised with the golden cross so close by that whatever resistance that double bottom neckline provides doesn’t last very long *not financiala dvice*
CAPITALCOM:DGBUSD
by DrDovetail
DigiByte (DGB)DigiByte is an open source blockchain and asset creation platform and the DGB token was mined as a fork of Bitcoin. DigiByte consists of three layers: a smart contract “App Store,” a public ledger and the core protocol featuring nodes communicating to relay transactions. Anyway, it is clear that DGB was in a descendig channel/trend. After DGB broke the major downtrend line, it came down to retest the lowest low two more times; thus creating a tripple bottom. Then, DGB broke the minor downtrend line and the upward phase started.
Long
by SaeedSalehinia
4
DGB blasts above double bottom target; invh&s now in play.Digibyte reached the double bottom breakout target and then some with yesterday’s big green candle. Now that it has spent the current daily candle consolidating, it has already consolidated long enough to make it so there is currently a valid inverse head and shoulders pattern in play on the 4 hour chart. If it takes a few more daily candles of consolidation before the next leg up then that inverse head and shoulders pattern will probably also qualify as a daily chart pattern as well. Digibyte has room for lots of upside, and now that I’m realizing it is a US based cryptocurrency, if Trump truly were to exempt US cryptos from capital gains tax, then I think it is a high probability digibyte could see new all time highs this bull run, which would mean tremendous upside from here. Even if digiibyte were simply to just trigger the breakout of this currently developing inverse head and shoulders pattern though, the target for that would almost double digibyte’s current value. So yes tremendous upside potential here. *not financial advice*
CAPITALCOM:DGBUSD
by DrDovetail
5
Massive gains are coming to DGB over the next 3 years.Long-term investors of DGB are going to see life-changing gains over the next three years. The vast majority of crypto investors are infected with the 'instant-gratification' disease, which makes them uneasy if they don't turn a massive profit within minutes of buying any given crypto. But that's not how the world works (unless you're incredibly lucky). The long-term holders of DGB will see gains that the impatient short-term holders will only dream of seeing. Keep stacking and enjoy the ride!
CRYPTO:DGBUSDLong
by MetaShackle
7
DGB, this OLD coin is telling me to ACCUMULATE! Gut feel says soDGB, one of the oldest digital coin ever existed, is registering massive net buying this past few days. The + volume surge is warranted knowing that the coin is sitting at below 1.0 FIB LEVEL of support. To call this beyond discount/bargain is an understatement. Based on fundamentals and progressive project developments, this is one of the most undervalued coin ever existed. But that could change soon based on the recent price action lately. On monthly data, Histogram shift has been recorded after 6 months of waiting. On weekly, a downtrend line has been broken after waiting 15 months. This is a huge hint. A bubble up volume has appeared twice in a row these past 2 weeks conveying the anticipation of buyers in fundamental and technical growth. Volume past few days has surged +35% more than its average numbers. Expect some significant price valuation from the current price range. *HIGH CONFIDENCE on this one -- we may see a new ATH on this one in the next few seasons. Great Risk Reward ratio on this one. Spotted at 0.008900 TAYOR Safeguard capital always.
D
by JSAL
5
Digibyte: The True Gem of Decentralized CryptoUnveiling Digibyte: The Decentralized Powerhouse of Crypto In the dynamic world of cryptocurrencies, where innovation and decentralization are prized, Digibyte stands out as a beacon of true decentralization and utility. Established in 2013 by Jared Tate, Digibyte has weathered the storms of the crypto market, emerging as a robust and resilient digital currency. Decentralization at its Core At the heart of Digibyte lies its commitment to decentralization. Unlike many cryptocurrencies that claim decentralization but often fall short due to centralizing forces, Digibyte boasts a truly decentralized network. With five mining algorithms employed to secure its blockchain, Digibyte ensures a more equitable distribution of mining power, thwarting the dominance of any single entity. This multi-algorithm approach enhances security and resilience, making the network less susceptible to 51% attacks. A Rich History and Low Fees Having been in existence for nearly a decade, Digibyte has proven its longevity and stability in the volatile crypto landscape. One of its standout features is its UTXO (Unspent Transaction Output) model, which enables fast and low-cost transactions. With fees remaining minimal, Digibyte facilitates efficient peer-to-peer transactions, making it an attractive option for both everyday users and businesses alike. The True Value of Proof of Work (PoW) and Real Use Cases In an ecosystem often dominated by speculative fervor, Digibyte shines as a cryptocurrency grounded in real-world use cases. Its Proof of Work (PoW) consensus mechanism not only ensures network security but also incentivizes active participation from miners, further bolstering decentralization. Moreover, Digibyte's emphasis on real-world utility, with applications ranging from secure payments to decentralized applications (dApps), underscores its potential for long-term viability. Charting New Horizons: The Bullish Prospects Despite facing resistance at the 0.018 level, Digibyte's price trajectory suggests the formation of a potential bull pennant. As the coin consolidates sideways, investors keenly observe the uptrend channel, anticipating a breakout above historical resistance. Should the pennant indeed break upwards, signaling a major bullish run, Digibyte could see significant price appreciation. However, prudent investors may consider potential pullbacks within the old range for strategic re-entry points. Constant Development and Community Engagement One of the hallmarks of Digibyte's success lies in its vibrant community and dedicated development team. Active on platforms like Twitter, Digibyte developers consistently engage with the community, providing updates on ongoing developments and fostering a collaborative environment. This commitment to transparency and innovation bodes well for Digibyte's continued growth and adoption. Conclusion: Digibyte - A Hidden Gem in the Crypto Universe As the crypto landscape evolves, discerning investors seek assets that embody the principles of decentralization, utility, and long-term value. Digibyte, with its robust decentralized network, low fees, and real-world use cases, epitomizes the essence of a true cryptocurrency gem. While navigating market fluctuations, Digibyte stands poised to carve its niche as a reliable and resilient digital asset, offering investors a compelling addition to their portfolios.
Long
by UnknownUnicorn2319099
2017 CLIF HIGH ALTA REPORTS FOR LITECOIN COMING TRUE NOW!I DO NOT TAKE ANY CREDIT FOR THIS INFORMATION. THIS WAS CREATED BY CLIF HIGH BACK IN 2017. HIS REPORTS WERE $100 EACH WHEN THEY FIRST CAME OUT. HE IS GIVING THEM AWAY FOR FREE NOW ON HIS WEBSITE AT HALFPASTHUMANdotCOM. WHEN CLIF MADE THESE REPORTS HE SAID HE DID HIS BEST WITH TIMING, WHICH WAS THE HARDEST PART OF THE WHOLE THING BECAUSE THE LANGUAGE WOULD NOT GIVE ANY DEFINITE DATES, JUST THE PREDICTIONS. HIS TIMING WAS GOOD ON MANY THINGS BUT MANY DIDN'T COME TO FRUITION AT THE TIMES THAT HE SAID THEY WOULD. I WENT BACK AND READ HIS REPORTS RECENTLY AND THERE ARE SO MANY PREDICTIONS THAT ARE COMING TRUE NOW AND WILL COME TRUE IN THE NOT TOO DISTANT FUTURE I BELIEVE. I WILL LEAVE AN EXPLANATION OF WHAT ALTA IS IN HIS WORDS BELOW AND I WILL CUT OUT ALL THE EXCERPTS FROM ALL HIS REPORTS SPECIFICALLY FOR LITECOIN AND PASTE THEM BELOW. ITS A FUN READ AND HE ALSO HAS ALL THE OTHER MAJOR COINS HE DID PREDICTIONS ON BACK THEN AS WELL. HE HAS A BITCHUTE CHANNEL AND YOU CAN WATCH HIS VIDEOS THERE WHERE HE STILL GIVES AWESOME PREDICTIONS ON THE FUTURE, GO GIVE HIM A SUB AND A THUMBS UP. ITS AN INTERESTING READ TO SAY THE LEAST. © 2017 by Clif High for Halfpasthuman About Predictive Linguistics and our methods Predictive Linguistics is the process of using computer software to aggregate vast amounts of written text from the internet by categories delineated by emotional content of the words. Predictive Linguistics uses emotional qualifiers and quantifiers, expressed as numeric values, for each and all words/phrases discovered/filtered in the aggregation process. Over 80 % of all the words gathered will be discarded for one or more reasons. Predictive Linguistics works as NO conscious expressions are processed through the software. Rather the contexts discussed within the report in the form of entities and linguistic structures (see below) are read up in the various intake software programs, and the emotional sums of the language found at that time are retrieved. Words that are identified within my system as 'descriptors' are passed through the processing as well. These descriptor words, in the main, are those words and phrases that provide us with the detail sets within the larger context sets. As an example, the word 'prophecy' may be read up by our software at a sports oriented forum. In that case, perhaps, due to the emotional sums around the context, and the emotional values of the word itself within the lexicon, it would be put into the contextual 'bin' within the database as a 'detail word'. Note that the context of the use of the word in the sports forum is lost in the process and is of no use to us in these circumstances. What occurs is that the word is picked up as being atypical in its context, therefore of high potential 'leakage of future' value. The way this works is that most sports forum language about future events would be statistically more likely to use words such as 'bet' as in 'I bet this XXX will be outcome', or 'I predict', or 'I think that XXX will happen'. So it is the context plus emotional values plus rarity of use within the context that flags words for inclusion in the detail level of the data base. Further, it is worth noting that most detail level words are encountered in our processing mere days before their appearance. Within the IM (immediacy data) primarily, and then within ST (shorter term) data next. But a preponderance are discovered within the IM time period. Perhaps an artifact of our processing, if so, one not explored due to lack of time (cosmic joke noted). Words are linked by their array values back to the lexicon using our set theory model (see below), and the language used within the interpretation (detail words excepted) derives from the lexicon and its links to the changing nature of contexts as they are represented within our model. Predictive Linguistics is a field that I pioneered in 1993. The software and lexicon has been in continual change/update mode since. This is due to the constantly changing nature of language and human expression. Predictive Linguistics works to predict future language about (perhaps) future events, due to the nature of humans. It is my operating assumption that all humans are psychic, though the vast majority do nothing to cultivate it as a skill, and are likely unaware of it within themselves. In spite of this, universe and human nature has it that they 'leak' prescient information out continuously in their choice of language. My software processing collects these leaks and aggregates them against a model of a timeline and that information is provided in this report. The ALTA report is an interpretation of the asymmetric trends that are occurring even this instant as millions of humans are typing billions of words on the internet. The trends are provided in the form of a discussion of the larger collections of data (dubbed entities) down to the smallest aspect/attribute swept up from daily discussions within that context. Within the ALTA report format, detail words are provided as noted below. Phrases and idiomatic expressions are also provided as details. In the main, geographic references are merely summed, and if deemed pertinent, the largest bag in the collection is discussed as a 'probable', or 'possible' location to the events being referenced within the details. In our discussions, the interpretation is provided in a nested, set theory (fuzzy logic) pattern. LITECOIN MAY 2017 Litecoin is still showing as 'trailing' Bitcoin. Unlike Ethereum, the data sets for Litecoin have it as a 'silver' ratio to Bitcoin as 'gold'. The meaning at this time would tend to favor a 70 to 1 ratio. This is likely an indication of the strength of the rising pressures from the other sets for Litecoin. The reason for this is that the data sets also have the 'ratio' of 'silver to gold' to be 'descending' over the rest of 2017. The repetitious appearance of 'ratio', and its many supporting sets, as well as the rising emotional sums within those sets, are all suggesting that the word itself will come to be much more meaningful as we see the 'steps down' over 2017. The data sets have these 'step downs' being an 'abnormal appearance' during the bespoke Summer. So the data sets are predicting, at least by way of inference, that 'trading' of 'Litecoin' over this Summer will be anything, but 'normal'. These sets have Litecoin reacting to the various DebtsSpace stresses over Spring (northern hemisphere), as well as the stresses of the technical issues, by erratic price fluctuations. For differing reasons, but temporally coincident with problems within the 'silver fixing arrangement', Litecoin is indicated to have 'price jumps', and 'falls', that will 'create paupers' and 'millionaires' all in 'moments'. Note this is not a good situation and does stabilize. The data accretion patterns in modelspace have brought forecasts of many videos of people 'lamenting (crying) over their losses' in the 'crazy crypto currencies markets' of Summer 2017. LITECOIN JUNE 2017 The data sets have conflicting memes affecting the LiteCoin trading action over the next few months. These themes are forecast to play out as 'test bed (for Bitcoin)', and 'fading', or also defined as 'without luster'. The former is indicated to bring pops in the price as the general CryptoSpace environment is also rising, and the latter is the general trend of slight rises, or mostly subdued in spite of the 'exuberance' in other crypto currencies. The 'flat' aspect of Litecoin emotional appeal aside, the price per coin is indicated to climb over Summer, and, later in Fall (northern hemisphere), reach a point described as 'ignition'. Please note that this is within a context in our data of 'hyperbolic debt based currencies creation', also known as 'hyper inflation'. These sets have support, in Fall, for Litecoin rising dramatically as 'bursts' of 'debt currencies creation' hits the 'financial system'. Litecoin is still showing as receiving a burst of favorable attention in late June that will support prices through the next leg up in the capitalization inflows into cryptospace. These sets have Litecoin being one of those coins which is indicated to be 'regular like clockwork', as well as 'persistently challenging' the 'double digit daily percentage gains'. No numbers present themselves in our data for Litecoin. Many new shorter term sets, as well as longer term sets have positive ratio on emotional tone values with a few of the prime attributes hovering in the same range as ETH. Litecoin is indicated to be gaining a bit of early shine from developing stories in both the transactions space, as well as 'value' plays. The 'transactions' stories are forecast to begin to grow as 'retail' and 'wholesale' uses of Litecoin will be showing up even in msm (main stream propaganda press, aka 'legacy media'). Again, as noted above, the msm propagation of the stories will be the temporal marker for the next leg up in Litecoin price discussed in previous ALTA and bare naked Wealth reports this year. The Litecoin versus ETH language can also be expected to ramp up with the new use-cases, and the rising price competition seemingly manifesting. The data suggests that much 'touting and pump/dump' language will flourish briefly. Do not be deceived at the froth in the language, nor the relative prices of various offerings. Litecoin and ETH are NOT directly competing within their use-cases, and both will be long term holds for value, with the value deriving from where they differ, not where they are similar. The Litecoin use case in the forecast modelspace developments shows as dominating in many different Point-Of-Sale, and POS2IoT interconnections. LITECOIN AUGUST 2017 Major developments in LTC underlying technology (as forecast more than a few reports back) are indicated to be surfacing in August such that by mid August (as forecast a few reports back) Litecoin will be involved a price, and volume competition with ETH. The rate of acceleration of Litecoin in the data sets has big increases, almost 'stair steps', that are showing over the next five months (more or less). These 'stair steps' are indicating that very large 'capital inflows' will be occurring from August, onward. The stair steps within the data sets have several instances in which we get numbers. These would suggest that a '3/three digit' US dollar ratio to Litecoin begins before September and grows over the remainder of 2017. Some of the 'capital inflows' over 2017 are forecasting that the 'marketing effort' for Litecoin, as the 'payment vehicle' are showing as taking great leaps. These are suggesting that perhaps we will find that a 'multi-polar cryptospace' is developing with 'thickening payment layers' which are separated from the 'wealth storage' layer. IF this is indeed an accurate interpretation of the development of the 'payment layers' space, then it would seem reasonable, now, to forecast that LTC will dominate the mid-tier of this space. LITECOIN SEPTEMBER 2017 LTC has the 'pop' in attention, and the 'pop' in performance showing up in the data, as well as 'new opportunities' for its use within the global payments systems. In some of our detail sets are forecasts for LTC to 'break through' the 'lunch line barrier' with some new technology later in 2017. This will apparently be an outgrowth of 'back channel adoption' of LTC within a few very large organizations. Nicely rising emotional tones on the LTC data from early August through into late October LITECOIN OCTOBER 2017 The sets for Litecoin within modelspace, have new growth within 'racing' descriptor linguistic structure. The 'racing' has been associated with ETH. Now the data is pointing toward LTC being in a race at the level of 'percentage growth'. These sets further contain language for each 'up leg'. The data is forecasting that the 'emerging patterns' over October and beyond into 2018 will include a 'percentage race' such that 'each gains alternatively'. Further this is clarified as being 'small' or 'single digit (more or less)'. The idea coming across from the accrual patterns is that if ETH were to go up 9% in one day, that same day LTC may be up 8%. However on the next day up, ETH would lag behind on a single percentage point basis. These sets are explicitly not suggesting that each day would be up, nor that either LTC or ETH will go upward together, nor that they will not be out of sync, nor that they won't fall. All of the percentage sets are also focusing on US dollars, and with primarily US based geographic references for our processing sets. Much of the LTC data sets within modelspace have their emotional tones centered around the 'lightning network' and 'atomic swaps'. There are sets building up with longer term values that are focused on 'smart contracts' as in LTC as a vehicle for such, but the immediacy data, and shorter term values are much more focused on 'atomic swaps', and 'LTC (as) fast intermediary' to other cryptocurrencies. LITECOIN NOVEMBER 2017 Litecoin is setting up for the 'belle of the (Spring) ball' award for cryptocurrencies in our data sets. The LTC accretion patterns are surpassing the ETH sets at a very brisk rate of new data elements at about 2.4 new elements for each 1 about ETH as modelspace is moved into March 2018. These new sets are bringing the emotional tone values for LTC into ranges not seen for it before, and, that are, in some respects, temporal echoes to the 'set up' in early 2017 that saw such large gains for ETH (and Ripple) in the early part of the year. In the case of Litecoin, the data sets are bringing in a larger percentage of longer term data sets than had either ETH or Ripple (XRP) in early 2017 indicating a longer run for LTC, throughout much of 2018. The new sets for LTC that accrue as modelspace is progressed from late November through to the December solstice have a 'gentle rise' in its pricing relative to USD growing into a 'steady (eye catcher)' by the end of the year. At that time we have language forecast to appear about 'comparisons to Bitcoin', both in 'rate of rise', and 'early days history', and 'ratio of valuations'. These 'comparisons' are forecast to treat LTC well. The data sets still have LTC moving into '3/three digits', and new growth to these sets show that the movement will be creating a floor for LTC into 2018. LITECOIN DECEMBER 2017 As modelspace is moved through 2018, there are many sets relating to 'securities', including 'security' that are associated with Litecoin. These sets are positive, and bring in larger amounts of new supporting sub sets for 'excitement'. There are many sets accruing in May that are within the first large clump of new 'excitement' data. There are some detail sets indicating that the 'rising emotional state (of) excitement' over Litecoin will actually start producing 'anxiety', though this is of an 'anticipatory' nature about when will the 'rise' end. These sets are echoed later in 2018 as the 'excitement' sub set seemingly breaks out of some limitations that existed over Summer (northern hemisphere). As Fall weather begins to be reported, the data sets have new 'excitement' shifting into Litecoin sets. These latter, 'excitement' sets are curious in that they have cross links over to 'established businesses', and 'sudden (major/significant) leap ahead'. These sets are forecasting a very good 2018 for Litecoin. LITECOIN MARCH 2018 The data sets have continuing growth for LTC reaching a 'parity point' with the Ethereum network, but be aware this is not a price projection, rather it is focused on the 'smart contract' hosting and 'network (distributed apps)' side of things. These data sets are forecasts, not related to any announcements, nor leaks of information, but rather derive from our process of predictive linguistics. There are several possible interpretations including that Litecoin will develop networking capabilities along the same line as the Ethereum network. Alternatively it can also be interpreted with the 'ethereum smart contract' temporal marker as being the key element for emotional sums tone advancement. Other language of interest has 'litecoin' becoming 'emblematic' of both the 'cryptocurrencies (alt coins)' space as well as a symbol for 'new rich' and the rise of the 'crypto-millionaires' as a discernible class within our society. These sets have forecasts for a number of new videos that will be focused on 'litecoin' and its role as a 'vehicle' to 'riches' over a very short time. According to the data, we should be able to expect to see the appearance of several 'stars' in the video spaces as both 'tell-all (how I made my money)' and 'musical celebrations (of litecoin)' videos are presented during these next 6/six months LITECOIN JULY 2018 Litecoin has dominating supporting sets of 'fire (on fire, catching fire)'. Secondary support sets are 'favorable', with aspects of 'winds (favorable winds), and 'favorable times', 'favorable presence', 'favorable view'. Tertiary support sets are led by 'good luck'. The 'favorable timings' sub sets are cross linked over to 'work' and 'planning', and 'activity (path)'. The 'crisscross' of the 'timings' is showing as being 'exquisite' and 'precise'. Other sets are going explicitly to 'good fortune', 'good luck', and other 'fortune smiles' language. Note the Litecoin sets are showing 'transitions', and 'new developments' as the rising supporting set dominating aspects. These 'transitions' first appear in modelspace as it is progressed through September, and reaches a near term peak by mid November.
BITSTAMP:LTCUSDLong
by Bitgolder
11
Digibyte Set to Retest Major Resistance: Bull Run Ahead?In the ever-evolving world of cryptocurrencies, Digibyte (DGB) is currently making waves as it approaches a critical juncture. The coin is now testing the major resistance zone of $0.013 - $0.014, showcasing signs of potential breakthrough. This development is crucial for Digibyte enthusiasts and investors alike as it sets the stage for a possible bull run. Testing the Waters Digibyte, known for its focus on security, decentralization, and blazing-fast transaction speeds, has been steadily gaining traction in the crypto sphere. However, its recent ascent towards the resistance level of $0.013 - $0.014 has caught the attention of many traders and analysts. This zone has historically proven to be a formidable barrier for Digibyte's price action. Yet, the current uptrend has shown signs of strength, with the coin attempting to carve out a new level of major support. This scenario sets the stage for a potential breakout retest, signaling an expansion of the range and reinforcing major support levels. Consolidation and Volume Surge As Digibyte consolidates around this critical resistance level, market sentiment is on the edge. The anticipation of a breakthrough is palpable, with traders closely monitoring price movements. If Digibyte manages to decisively breach this resistance zone and sustain its momentum, it could trigger a surge in volume. Increased volume often accompanies significant price movements in the crypto market. In the case of Digibyte, a breakout above the $0.013 - $0.014 range could attract a substantial influx of buyers, propelling the coin into a full-fledged bull run. Implications for Investors For investors eyeing Digibyte, the current scenario presents both opportunities and challenges. A successful breakout above the resistance zone could validate the bullish thesis, potentially unlocking further upside potential. However, failure to breach this level convincingly could result in a period of consolidation or even a temporary pullback. Nevertheless, the underlying fundamentals of Digibyte remain robust, backed by its unique features and strong community support. Whether the coin manages to overcome the current hurdle or faces a setback, its long-term prospects remain promising. Final Thoughts As Digibyte tests the major resistance level of $0.013 - $0.014 and seeks to establish a new level of major support, the crypto market is poised for a significant move. The outcome of this critical juncture will not only shape Digibyte's near-term price action but could also set the stage for a broader market trend. With the potential for a breakout retest and a surge in volume, Digibyte stands at a pivotal moment in its journey. For traders and investors, staying vigilant and closely monitoring price developments will be key to navigating this dynamic market environment.
Long
by UnknownUnicorn2319099
Digibyte Poised for a Breakout!In the dynamic realm of cryptocurrency trading, where patterns emerge and narratives shift, the Digibyte Bitcoin pair stands at an intriguing crossroads, poised for a potential breakout after six years of compression within a falling wedge. As Bitcoin continues its upward trajectory, accompanied by murmurs of a potential shift in market sentiment towards altcoins, the DGG/BTC chart paints a compelling picture of impending volatility and opportunity. Since the heady days of the major crypto alt bull run in 2017, the DGB/BTC pair has been ensconced within a six-year falling wedge, characterized by tightening price action and dwindling volatility. This protracted period of compression has seen Digibyte's price oscillate within the confines of this wedge, teasing traders with occasional breakouts and false starts. However, the current landscape hints at a potential paradigm shift, as Bitcoin's dominance wanes and attention turns towards alternative digital assets. Against this backdrop, the DGB/BTC chart reveals a remarkable convergence of factors, with the smaller wedge within the larger wedge exhibiting even tighter compression—a phenomenon that often precedes explosive price movements. Indeed, the DGB/BTC pair finds itself at a pivotal juncture, with two breakout points within the wedge offering tantalizing prospects for traders and investors alike. The sheer tightness of the compression signals an imminent release of pent-up energy, potentially heralding the start of a new bull cycle for Digibyte after years of consolidation. But what exactly is Digibyte, and why does it hold such promise amidst the crowded cryptocurrency landscape? At its core, Digibyte is a decentralized blockchain platform that boasts impressive scalability, security, and speed—attributes that position it as a formidable contender in the digital asset space. Unlike many other cryptocurrencies, Digibyte has eschewed the hype and hyperbole often associated with the industry, focusing instead on delivering tangible technological advancements and fostering a vibrant community of developers and enthusiasts. Its commitment to innovation and decentralization has earned it a loyal following and garnered recognition as one of the most promising projects in the cryptocurrency sphere. From its lightning-fast transaction speeds to its robust security features, Digibyte represents a compelling alternative to traditional payment systems and a beacon of possibility in the burgeoning world of decentralized finance. With its unwavering dedication to principles of transparency and decentralization, Digibyte embodies the ethos of the cryptocurrency movement and stands poised to make a significant impact in the years to come. As the DGB/BTC chart inches closer to a potential breakout, the stage is set for Digibyte to shine and realize its full potential. With favorable market conditions and a burgeoning ecosystem of supporters, the prospect of a new bull cycle beckons—a testament to the resilience and innovation of Digibyte and the broader cryptocurrency community. In conclusion, the Digibyte Bitcoin pair is on the cusp of a transformative moment, with years of compression and consolidation priming it for a breakout of seismic proportions. With Bitcoin dominance showing signs of rotation and market sentiment shifting towards altcoins, the stage is set for Digibyte to emerge as a beacon of innovation and possibility in the ever-evolving landscape of cryptocurrency. As traders and investors eagerly await the unfolding of this narrative, one thing is certain: the future of Digibyte has never looked brighter.
DLong
by UnknownUnicorn2319099
Exploring Digibyte: A Robust Cryptocurrency with a Rich HistoryIn the ever-expanding realm of cryptocurrencies, Digibyte stands out as a resilient and innovative player. Launched in 2014, Digibyte has established itself as one of the longest-running UTXO (Unspent Transaction Output) blockchains, renowned for its security, speed, and decentralized nature. Let's delve into what makes Digibyte unique and its potential for the future. What is Digibyte? Digibyte (DGB) is a decentralized blockchain and cryptocurrency that prioritizes security, scalability, and speed. It operates on a UTXO model similar to Bitcoin, where each transaction output can only be spent once, ensuring the integrity of the network. With a focus on both consumer and merchant adoption, Digibyte aims to facilitate fast and secure transactions for a wide range of use cases, from everyday purchases to enterprise solutions. Security and Speed: One of Digibyte's key selling points is its robust security features. Utilizing five mining algorithms (SHA256, Scrypt, Skein, Qubit, and Odocrypt), Digibyte boasts a highly secure network that is resistant to centralized control and 51% attacks. Additionally, its block time of just 15 seconds ensures swift transaction confirmations, making it suitable for real-world applications where speed is crucial. Supply and Mining: In terms of supply, Digibyte has a maximum cap of 21 billion DGB, with a gradual and predictable issuance rate. This ensures that the currency remains deflationary over time, with diminishing inflation as more coins are mined. Unlike Bitcoin, which relies solely on Proof of Work (PoW) mining, Digibyte employs a multi-algorithm approach, enhancing security and decentralization while minimizing the risk of monopolization by large mining pools. Comparison with Bitcoin: While Digibyte shares some similarities with Bitcoin, such as its UTXO model and Proof of Work consensus mechanism, it distinguishes itself through its emphasis on speed and scalability. With faster block times and a more adaptive mining algorithm, Digibyte offers a compelling alternative for users seeking a more efficient and versatile blockchain solution. Current Market Dynamics: At present, Digibyte finds itself at a critical juncture, testing a potential lifetime support level amidst favorable market conditions. With the price hovering around 1 cent per DGB, many investors view this as an opportune moment to dollar-cost average and accumulate for the long run. As cryptocurrency markets enter a new phase of growth and Bitcoin continues to soar, Digibyte's potential for upward momentum remains significant. Development Team: Behind Digibyte's success lies a dedicated team of professionals committed to advancing the project's goals. From developers and engineers to community managers and marketing specialists, the Digibyte ecosystem thrives on collaboration and innovation. Their collective efforts ensure that Digibyte remains at the forefront of blockchain technology, continually evolving to meet the needs of its users. In conclusion, Digibyte represents a compelling proposition in the world of cryptocurrencies, offering a secure, fast, and decentralized blockchain solution. As it navigates through current market dynamics and tests critical support levels, the future looks promising for Digibyte, driven by its strong fundamentals and dedicated community.
BITTREX:DGBUSDLong
by UnknownUnicorn2319099
DGB It is trying to break the resistance 0.0090-0.0092It is trying to break the resistance 0.0090-0.0092. If it is able to break it, it will have a wonderful rise, God willing ✅ ✅ Trading around weekly resistance flips involves identifying key levels on a price chart where the market has historically shown a tendency to reverse. Here are some steps to guide you through this process: 1. **Identify Weekly Resistance Levels:** - Look at a weekly price chart to identify significant resistance levels where the price has historically struggled to go higher. - These levels are typically points where the price reversed in the past or where it has shown a strong reaction. 2. **Confirmation:** - Once you identify a potential resistance flip level, look for confirmation from other technical indicators or tools such as trendlines, moving averages, or chart patterns. 3. **Monitor Price Action:** - Pay close attention to how the price behaves as it approaches the resistance level. Look for signs of price rejection, bearish candlestick patterns, or decreasing bullish momentum. 4. **Wait for a Reversal Signal:** - Wait for a clear reversal signal before taking any action. This could be a bearish engulfing pattern, a shooting star candlestick, or a strong bearish candlestick that closes below the resistance level. 5. **Risk Management:** - Set a stop-loss order to manage your risk. Place it above the resistance level to protect your position in case the price breaks through. 6. **Target Profits:** - Identify a target level for taking profits. This could be a nearby support level, the next significant support area, or a predetermined profit target based on your risk-reward ratio. 7. **Consider Fundamental Factors:** - Take into account any relevant fundamental factors that might impact the market. Economic reports, news events, and other factors can influence price movements. 8. **Practice Patience:** - Be patient and disciplined in your approach. Not every potential resistance flip will result in a profitable trade. Avoid impulsive decisions and stick to your trading plan. 9. **Risk-Reward Ratio:** - Ensure that your potential reward justifies the risk you are taking. A favorable risk-reward ratio is essential for long-term trading success. 10. **Keep an Eye on Market Sentiment:** - Monitor market sentiment through tools like the Commitments of Traders (COT) report or sentiment indicators. This can provide additional insight into the likelihood of a reversal. Remember that trading always involves risks, and past performance is not indicative of future results. It's essential to continually educate yourself, use proper risk management, and consider seeking advice from experienced traders or financial professionals.
DLong
by Crypto-Adda_Official