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DGBUSDT

DGB (DigiByte) Coin Analysis 20/03/2021Fundamentals: DigiByte (DGB) is an open source blockchain and asset creation platform. Development began in October 2013 and the genesis block of its DGB token was mined in January 2014 as a fork of Bitcoin (BTC). A longstanding public blockchain and cryptocurrency, DigiByte uses five different algorithms to improve security, and originally aimed to improve on the Bitcoin blockchain’s security, capacity and transaction speed. DigiByte consists of three layers: a smart contract “App Store,” a public ledger and the core protocol featuring nodes communicating to relay transactions. DigiByte is a modification of Bitcoin which aims to diversify security, speed and capacity possibilities. Its first incarnation was as an open source blockchain and associated cryptocurrency, DGB. The network has five separate algorithms which help to maintain security and help prevent ASIC miners from commandeering too much power. Later, another offering, DigiAssets, appeared, with DGB as its native token. DigiAssets appeals to those developers looking to launch digital assets, decentralized applications (DApps) and encode the necessary corresponding smart contracts. All governance structures for DigiByte are run on a voluntary basis, in line with the thesis that the network should be open source and publicly accessible. Transaction fees in DGB are paid to miners for validating the blockchain. DigiByte was created by Jared Tate, also known as “DigiMan,” who oversaw its metamorphosis from development to its current setup before announcing that he was temporarily retiring from his position in May 2020. Tate has since returned, and as of September 2020 once again appears closely involved with DigiByte’s growth. Tate’s biography states that he was involved with Bitcoin from 2012 onwards, and authored the first book written by a blockchain founder, “Blockchain 2035: The Digital DNA of Internet 3.0.” DigiByte’s operations depend not only on developers, but also the DigiByte Foundation, a volunteer organization tasked with overseeing preservation of the project. A third group of volunteers, the DigiByte Awareness Team, is responsible for marketing and promotional activities. Technical Analysis: Hidden Bullish Divergence with MACD Histogram which is the sign of trend continuation 3TP done By Fibonacci Projection
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by BitonGroup
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DigiByte vs Tether - Lots Of Room Available For Growth!Here we can see that DGBUSDT (DigiByte) is still trading below EMA50, which can be considered bearish. Also, the MACD is not yet bullish and the RSI below 50, some small bearish signals... Yet, positive horizon. The charts can change fast anytime, any day. DGBUSDT has been printing higher lows since June, which is bullish. Other Altcoins that tend to move together with this one already moved. We also have experience with dozens of charts that looked just like this one but now instead of below EMA50 prices are trading high above it. The bullish sentiment is strong. DigiByte might just be getting ready to grow. This is not financial advice. All the information I share is for learning/entertainment purposes only. I am so grateful that you are here today again reading. Thanks a lot for your support. Namaste.
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by MasterAnanda
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DGBUSDT AnalysisHello friends. Please support my work by clicking the LIKE button(If you liked).Thank you! Everything on the chart. open pos: market and lower target: 0.058 - 0.07- 0.09 after first target reached move ur stop to breakeven stop: ~0.04 (depending of ur risk). ALWAYS follow ur RM . risk/reward 1 to 5 risk is justified Good luck everyone! Follow me on TRADINGView, if you don't want to miss my next analysis or signals. It's not financial advice. Dont Forget, always make your own research before to trade my ideas! Will be very APPRECIATE FOR UR DONAT/coins :) Open to your questions or suggestions(Looking for investors!).
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by trytofeelpositive
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Digibyte - Current PostureA review of the posture of Digibyte, following the completion of three corrections, printing three successively higher-lows. In terms of Elliott Wave analysis, there are two interpretations: DGB has now completed a Wave 4 and commenced a Wave 5; or DGB has completed a Wave 2 and just commenced a Wave 3. Either case is bullish and is well supported by the MACD crossing bullish and the RSI sitting comfortably in neutral territory. Looking at the the Fibonacci projection of the correction on this standard scale chart and two targets present themselves: $0.278 at the 1.618 resistance line $0.336 at the 2.0 resistance line Of course there are higher levels, but they will become exponentially less likely the longer DGB remains under $0.185. What do you think? How high can DGB rally to complete this next impulse wave higher?
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by Crypto-Swing
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