STEEM-HIVE price and trade 4/4/2020

in DIGITAL MINE6 years ago

During the last 24 hours the main event has been the STEEM price that for few hours overtook the HIVE one, and than the two prices started to be practically the same.

We think for this first period that the prices will be around the same levels, and sometime one will be a bit more valuable than the other.

The main thing is that HIVE has to mature as an asset and start to rise in volumes and big incoming capitals from big actors.

As you an see from the HIVE price agains BTC during the last 24 hours the price tried to fight back the downtrend, but is end up in a very small pump and dump with very limited volumes. SO the price remained quite stable, and we need to wait to see if it will start to rise or will confirm the slow downtrend.
By the way with just 7.5 BTC of daily volumes we think that nothing noticeable is going to happen.

Screenshot at 114709.png

STEEM as well kept its price stable but with a very different chart and volumes.
To see if it will end up in a pump and dump we have to compare also other crypto assets movements, but we don't think so, at least not during this week end.
With 51.3 BTC daily volumes the chart confirms what we said already yesterday, that STEEM during this phase is showing how more mature is against HIVE.

Screenshot at 114645.png