Keep an Eye on Digibyte
Digi byte has always been one of those projects that excited me , WHY?
The main reason is because of it's decentralization and it's community
I really realized the decentralization aspect of digibyte , when Jared (Founder of Digibyte) stepped down / moved aside from the project and it had little to no impact on the price / development of the project. That made me realize that digibyte is one of the very few projects out there that ahs been decentralized nearly as bitcoin.
That created a huge positive impact on my view for digibyte.
Well that's my fundamental view on digibyte but that's not what this post is about.
It is about the price action.
As I said before i have been looking closely on DGB price action for sometime now. It was very clear that a wedge was being built and i was waiting for the price to break above the wedge and not only that but also to stay above the wedge.
Well it has happened now.
Digibyte has successfully broken above the wedge because of the pump that happened a couple of days back and it has been holding the price quite well now.
This is a serious bullish indicator i have seen across several assets like Ethereum , RLC and even Gold . And from their price action Digibyte has a serious possibility to have a Surge in price.
Personally , I am just waiting for a couple more days to see if the price comes below the the line just to confirm the breakout.
So it would be a great thing to keep your eyes on Digibyte too.
This is not Financial Advice DYOR.
If you have anything to say please leave it in the comments.
If you have found value in this content leave an Tip and Follow me
Thank you.
Want to support me on my journey??Register at WazirX : https://bit.ly/2GYhyc8
Register at BitBns and get INR 100 for free :https://bit.ly/2KIoRFU
Register at LocalBitcoins :https://bit.ly/2KvvPPS
Register on the World's Leading Crypto Exchange BINANCE: https://www.binance.com/en/register?ref=21829990
Donate Bitcoin:1L8dcMuoZHZMJsEZ8sWMJswsjV5nbEikGZ
Subscribe to my Youtube channel: https://youtube.com/channel/UCLb64DSrl_1-xOijZwYOivg
Connect with me onTwitter: https://twitter.com/nithishfloopz