DigiByte’s Bullish Breakout

• DigiByte broke out of a falling wedge with a 25% gain and very high volume.
• It holds above $0.00970 and could squeeze soon toward $0.01618.
• A cut above $0.01200 might bring in even stronger buying, adding upward extension of the rally.

DigiByte has confirmed a breakout after months of trading sideways, with a price point of $0.01115 following an abrupt 25% spike. The chart indicates a strong bullish breakout from falling wedge patterns, which typically lead to sustainable upward momentum. This breakout followed DGB clearing an important horizontal resistance that had previously held down several failed rallies. The price has crossed back above this critical zone, showing signs of further upside, with the next target projected around $0.01618—another 35% move, if momentum holds.

> $Dgb #Dgb Moving Towards Targets, & Running In 25%+ Profit So Far. https://t.co/xa0LMD7VZ1
> — World Of Charts (@WorldOfCharts1) March 8, 2025

Falling Wedge Breakout Confirms Bullish Trend

Price action leading up to this breakout produced a clear falling wedge pattern coupled with consistent lower highs and lower lows in terms of closing action. A strong green candle pushed the price over key resistance, confirming bullish strength. Statistically, most breakouts from falling wedge formations lead to strong rallies sustained for several weeks, and there appears to be substantial volume backing this price move. The target breakout aligns subsequent movements with previous price actions, making it realistic for $0.01618 to be the next level towards which fresh buyers will be drawn.

Currently, the most critical level is the support just regained at $0.00970, which previously acted as resistance. If DGB stays above this level, strong bulls will continue pushing the price to the next major resistance. The significant momentum is bolstered by a breakout confirmation tweet, indicating that this rally is garnering market interest. However, remaining above the $0.00970 support will likely lead to a retest of the upper trendline of the wedge before continuing upward.

Potential for an Extended Rally as Bulls Gain Control

DGB has already gained 25%, and breaking through the $0.01200 point could ignite buying from many more investors, flooding the market with fresh traders. If buyers infuse energy into the asset, a move toward $0.01618 is feasible. A solid structure indicates that as long as DGB holds the reclaimed support, this breakout could lead to a significant trend shift. The upcoming sessions will be critical to determine whether the breakout will translate into a full continuation of the trend or if profit-taking will push prices down in the near term.