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RE: Daily Crypto Markets Live Blog: HIVE Pulled Back Hard Along With Rest Of Market (11/27/21)

HIVE holding above $2 for the moment but it is close.

The entire crypto market got crushed. We will see where things go from here.

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The market is bleeding and hive is holding up at 2$ which is very good

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That is a very positive sign, no doubt. Hive is performing very well in this environment.

The question is, when things turn around, does HIVE follow suit or lag?

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Hive will maintain its positive head on the market.
As the community controls the narrative up is the way to go.

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Well it has the potential, something that few seemed to grasp. We are social media so we can cater the perception that Hive has simply through out posting.

Yet many just want to complain and whine. That doesnt help anything.

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HIVE is becoming it's own animal, de-pegged from the rest of the markets, which I think is a very good thing. Hopefully it bounces around here for awhile and allows people to get comfortable with these prices, helping to create a new floor. If it can consolidate, then all of the new people coming in will start seeing drops below $2 as buying opportunities as opposed to people thinking it's going back to 80 cents.

The real test will be early next week when peoples' power downs become available and there is all of a sudden a LOT more liquid HIVE available to sell. This big run caught pretty much everyone by surprise so many people weren't liquid. We'll see.

I actually bought some more at $2.24 and am looking to keep adding. I'm going to wait until early next week to see what happens but then I might go in heavy (well, heavy for me :-) ). Depends on what everything looks like.

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Even if it stays at this level over the weekend it would be quite nice. If it stays at this level after the weekend it would be wonderful.

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Consolidation after a big run is never a bad thing. We will see if it can trade sideways for a while. That would be healthy from a pricing perspective.

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Yeah, considering how well Hive is holding I'm not sure I agree that it pulled back hard. It's still more than double what it was before.

It's still above $2.00, let's hope it stays here!

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I really feel like Hive is hosting enough traffic, and has enough unfolding, to support this hike. Anything's possible, but I'll be surprised to see it below $1.50 again, especially for any extended period.

I can handle Hive at $2.40. It'd be ok if it stays crushed to these levels.

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It is much better than $0.8

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Not if you are trying to load up on HIVE and have to buy it. Then 80 is much better.

Always a matter of perspective.

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Consolidation is required. That is something that is healthy for an asset after a big move like this.

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I think that if it stays over $2 is great as the OGs from here have now great power and reap considerable rewards. The bull market shows off and cannot but think about when bears will be coming on, but until that happens we need to make the most out of it!

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There is something good on the way, I think there is still a month left in this year to see how far HIVE is capable of going.

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Well the US stock market also took a beating today so I wouldn't worry about it too much. Markets go up and down but HIVE is doing well compared to a week ago.

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This is because of the new variant, I think everyone is panicking that the restrictions may return, in fact in some European countries are already panicking again.

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Commodities also got crushed.

It was a red day all around.

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HIVE seems to have a certain immunity, this is an advantage of a coin that goes unnoticed.

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