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DGBUSDT

Analysis - DGB/BTCHello! Let's talk about Digibyte. In fact, this old altcoin is still alive. It is very interesting indeed. It looks more confident than most similar coins although it correlates with the market. The main growth driver has been Bitcoin halving in the past six months. DGB main mining is getting on the same algorithm as BTC, this is SHA256. And since after the halving, the miners' income has decreased significantly, this algorithm's alternative coins' demand to appear on the market. The DGB profitability is on average 10-15% higher than on BTC during the last half of the year. Everything looks pretty good on the chart, fixing above the 250 level is a good sign. There is a high probability that the main next target will be the level around 370 sat. But on the way to this goal there is also only the past resistance of 320 sat, the optionof retesting the support at 250 sat from top to bottom is not excluded.
by I.T.Analytics
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