DigiByte Just Retested Breakout, Could Be A Great Buying Opportunity For The Long Term

DigiByte Just Retested Breakout, Could Be A Great Buying Opportunity For The Long Term

DigiByte has been in a very negative downtrend for the last 30 days against Bitcoin. It has lost 38% since the last peak and yesterday it actually retested the last breakout area around at 245 satoshi. And today we are up more than 5% against Bitcoin and at most we were up 8.5%. However, we have not penetrated the descending trendline, if that were to happen we would have to get above 290 satoshi. But the good news is that DigiByte has gone above 30 on the RSI and in the past that has often resulted in a very nice continuation.

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