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RE: Daily Crypto Markets Live Blog: HIVE Holding Up After The Pump (11/16/21)

in LeoFinance4 years ago

We had a Korean pump last night in the price of HIVE. It hit 1.05 roughly. The price dumped today but seems to be holding up well.

HIVE crypto thoughts

It's interesting to see Hive going up when absolutely everything else in the entire market dumps HARD.

Honestly, I'm not sure what to make of this...

In my blog yesterday, I wrote about the same old Korean pump, but also shared the following daily chart:

Hive price chart highlighting the ascending triangle.

Yes the price action was started as a Korean pump, but those consistent higher lows show that there is certainly real demand for HIVE too.

Exciting :)

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It does keep raising the floor. That is a good thing.

We will see if the price can remain elevated from previous levels.

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