Technical analysis by Crypto4light about Symbol DGB: Buy recommendation (1/4/2025)

As one of the oldest tokens on the market since 2014, DigiByte (DGB) DGBUSDT continues to showcase its resilience through multiple cycles. Here’s a deeper dive into its current and potential movements.Monthly TimeframeOn the monthly chart, DGB is trading in a clear accumulation zone, indicating potential preparation for a larger move.The primary liquidity pools are positioned below the zero level and within the Fair Value Gap (FVG) on the weekly timeframe.The highlighted zone within the FVG could serve as an excellent point for partial profit-taking.Observing the timing of this cycle will be crucial to identifying optimal entry and exit points.Based on the Market Mood indicator, the current sentiment in the market is in the Disbelief zone, which often precedes a potential trend reversal.Large players accumulated significant positions back in December 2022, as shown by strong inflows during that period based on my money power indicatorA potential breakout toward historical highs remains a possibility, provided strong capital inflows.Hope you enjoyed the content I created! You can support this idea with your likes and comments so more people can see it.✅ Disclaimer: Please be aware of the risks involved in trading. This idea was made for educational purposes only, not for financial investment purposes.Check out my ideas about interesting altcoins in the related section below ↓For more ideas, please hit "Like" and "Follow"!