The Hive Price Is Dumping Today: Buying Opportunity?

in LeoFinance3 years ago (edited)

https _specialsimages.forbesimg.com_dam_imageserve_1027985492_0x0.jpg fit=scale.jpg
Hi, Hiveans

Oslo is still in lock down mode, where politicians that do not even know the diffence between the number of tested and positives are deciding strategies for re-opening. However, one of the blessings with a home office is that I have the opportunity to do other things simultaneously. Like being updated on the market action.

The Hive price seems to be taking a dump today, as well as the crypto market in general. A so sharp decline with low volume can often be more technical and could be healthy in a bull cycle. But a decline below $0,5 is not very promising IMO.
I have read the market very accurately for multiple coins this bull cycle, but for me Hive is still tricky to predict. It could be that Hive is tricky per se, or that I am not that objective.

I was somewhat convinced that the recent spike in price should stabilize and be in a trading range.
Perhaps $0,5 is the new trading range?

Anyways, given all the focus on decentralized social media and NFT recently Hive should be a top 50 project now. For people wanting to join Hive or buy some nice digital art at @nftshowroom today should be a good opportunity.


DQmRpTAHaXFoT2tr3jjqj5mdNcggZ1PA3yyeqhxZH7Ws7eyhexhiverNFT2.gif

gifart by @elgeko

by @janusface

Posted Using LeoFinance Beta

Sort:  

Here our PM is caught lying every week or so. And he remains in office. He ven denies having said things that are broadcasted on youtube. But as for hive .... ;) Going downhill just as I figured out how to sell a little .

It took me some time to understand your reply. I read PM=precious metals. Agreed. COVID-19 has revealed how incompetent the state apparatus is. Most Norwegians are compliant though and where spit masks, but Norwegians are one of the most conformist people on the planet. However, I also see the opportunity for change. My party, Liberalistene (the Norwegian libertarian party), has onboarded one of the most shrewd politicians in Norway, Per Sandberg. We hope to get him elected into Parliament in august.