I don't know, man. Usually when this happens, the Whales start to power down and you see massive dumps within a week. I would love to imagine that we are in an upward trend but I am not getting my hopes up.
When you see this much volume at these prices, it does raise the hope that people have bought a lot at expensive prices which could raise the bottom price. But then again, there are still tons of people who got insane amounts of coin for cheap.
Back down to 75c this morning, so I'd say profit taking. Whether it goes for another leg up, remains to be seen. I have so little hive and busy with other things to play Hive prices.
For one thing, I'm working on my own trading bot, because I found last year I wasted too much time staring at charts and making bad trades. So I figure the time is better spent developing an automatic process, a bot.
I'd wondered if the LeoFinance and Cub might have had something to do with the rise in the price of Hive.