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RE: Daily Crypto Markets Live Blog: Crypto Markets Stalled: Not HIVE (11/24/21)

in LeoFinance4 years ago

I don't know if we can call this a "pump" much longer. If you zoom out you'll see that it has gone from 20 cents in June to where it is today making higher lows all along the way. This has now become a "trend" in my mind and I don't think it's unreasonable to see it continue to push higher. In fact, from a TA standpoint, it would actually be somewhat surprising if it didn't keep going. I don't have all the tools that measure these movements but I would be very interested to see someone put up those bands (the name escapes me right now) that show the 1.6 and the 2.0 and the 2.6, etc. lines. I think there's a lot of room to the upside yet, both short-term and long.

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I was just thinking "Damn, we could see $2.00 by the end of the year" or more...

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The way it's going, we might see it by the end of the week. lol

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It just broke $1.50. I know they say it's South Korea, but what I'd like to know is why? Somebody there have an inside track that we don't, or is it just a mirror of the old tulip bulb mania? Either way, it's interesting to watch!

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Yea, I've said this before but I have to say it again that $2 Hive would make my Christmas a lot better lol

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That is probably true although a lot of the volume is still coming out of Korea. We are not seeing across the board participation.

It also seems there is more HIVE ending up on exchanges. This is also something to watch.

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