15 days ago I said that Hive was showing signs of bullish price action. in those 15 days it's gone up 30%.
The first sign was the short term moving average crossing the medium term moving average.
Today, it looks like we're about 3 days away from the second bullish action, where the short term moving average crosses the long term moving average.
The medium term moving average is starting to turn up too.
These are all signs that the momentum for hive is shifting. There's still a long way to go until Hive is in a fully bullish posture, but if it plays out you'll have wished you stacked some Hive.
Not financial advice, I don't know you or your mother in the biblical sense, you should seek professional advice, I'm not an active trader, and people that listen to TA are fools, but I see the making of a total shift in the direction of the price of Hive.
PS, I know many people hate TA, this isn't about trying to read individual candles, this is about tracking long term moving averages in a system called "consensio" by Tyler Jenks. Check it out and you'll get some ideas of how markets move and shift direction according to various price moving averages.
god hear you :D
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did you elaborate on the 80$ prediction? Seems like fairy tale ;D
First off, called it moronic. So take it all with a grain of salt.
Hive is going to go through a very powerful bubble known as a hyperwave. It's going to be driven by the fact that people are going to pour money into btc, eth, and a few other top coins, then they'll pour that money into lower coins, by the time it gets to hive it'll be a 200 coins that are bloated and fat looking for returns before it all crashes. When btc starts pouring in I'm betting it'll be at 100k USD. So, 1 btc would push the 15%. Someone with say 5 btc could double it.
As this starts happening it will cascade into a giant eruption in price before it all comes crashing back down as some sanity returns to the euphoria.
Have fun riding it.
If it even materializes...
Steem reached 8$. I don't understand why people say 80$ is impossible. Unlikely is more fitting. I believe in hive for the long term at some point it has to reach that price if it succeeds
that's true... The problem is that if bitcoin tops out this year already then I think a lot of stuff hasn't been implemented on Hive that we need to get more users and keep the momentum going. 1$ is kinda guaranteed, 10$ likely, 100$ is a long shot
Buckle up!
We all waiting for that massive ride hehe....
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Any price above $0.25 and I'm fully in profit land. We'd need to hit roughly $27 per coin to get top 10 crypto on coingecko or somewhere around there.
This year going to be goooood.
My witness node - Stream on Vimm.tv
With the consideration of crypto, I am seen green light in hive more than ever before
More than the price action, what impresses me more is the continuously growing volume! I've been watching the volume for over a week now and it has gone up from around $650k (if I remember correctly) to $4.88 mil as of now on binance.
Sadly we had days under 100k in volume on binance
Umm, you may have your information wrong there. This is the volume on binance as of 2 minutes ago.
Right, I said we had days in the past under 100k. In reference to this:
Indeed. We need more volume, as it drives the price & also make it stable.
Having a ETH/Hive pair on Binance would indeed be good as more variable involved and traders will be buying and dumping more on price change action.
HIVE/ETH pair sounds nice! Also with hive on the BSC, it's kinda exciting to see how this unfolds and if we can get some LP going with a HIVE/BUSD pair!
What is inflation and max supply of BEE?
I like GOLD ALPHA Monster's @aggroed
Any price targets based on the changing technicals?
Bullish
i would be happy for now with having reach 50cents to 1$ :p
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Waiting for one hell of a ride