DigiByte hit an All-Time High late April 2021 vs Tether in a bull market that lasted 413 days.
A bear marked followed from April 2021 until November 2022 with a 96.52% correction (-96.52% from top to bottom), a total of 560 days.
There can be another drop after a relief rally that ends up in a new low, this is something that is yet to be seen but the possibilities are there.
Look at the chart as it is now though, there is room for a bullish wave to take place.
A relief rally for DGBUSDT (DigiByte vs Tether) can easily lead to 400% growth, mid-term, meaning within a time window of 3 months.
Now, what would the next All-Time High if the bottom is already in?
We have several options... Stay with me!
1) The 1.618 Fib. extension of the previous bull and bear markets, would lead to $0.29244 or a massive 3593% growth potential.
2) The 2.618 Fib. extension, if the next altcoins bull market is strong, can lead to an incredible 5,812%.
3) The 3.618 Fib. extension, we would need some major development within the cryptocurrency industry and specifically with Digibyte for this to take place, would lead to 7,923%.
These are the numbers for your fun and entertainment.
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.