As anyone who has been around HIVE for even a year or two, the coin gets these super random pumps on high volume every once in a while.
The volume usually is produced mostly from Korean trading and today we are getting one of those pumps.
Look at that volume!
The price movement isn't anything eye opening as it is just pumping within range, though it is a nice one day move.
It is the volume that is impressive. Look at the volume bar underneath today's candle.
That volume is like 7 times normal average daily volume.
Entertaining to say the least as more often than not this big green candle on high volume turns out to be nothing.
I guess we shall see if there is any follow through. Not holding my breath lol.
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Yeah, it's pretty much a 99% chance the price goes back to where it was within a few days... and then it's like the pump never happened.
I wonder if these are pump teams who get in and out periodically and profit from people buying the green candle?