HIVE has been consolidating a bit around the $.75 level with some pretty big downward moves in the momentum.
That said, the Money Flow Indicator is still way in the green zone which means we are still in bullish territory. The RSI was extremely overheated and is starting to cool down. Not quite in the neutral zone yet and still bullish, but has a downward trend that is happening.
That downward trend is playing off the bearish divergence that started to show in the RSI as the trend on momentum started to fall and the price action was still rising.
Basically, HIVE pumped hard and now wer are cooling out jets a bit before the next leg of alt season!
That’s my dudely @coinlogic.online TA for the day!
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I hope hive price increase by a lot but it would be great if it goes down so i can get more hp as reward
Analyze SPS and DEC splinterlands tokens
Posted Using LeoFinance Beta
Not enough chart data on either to do a proper analysis. SPS is too new and looks basically flatlined and DEC had a big pump and dump over the week. Not much to go on.
Hmmn but wasn’t the whole pump and dump a reflection of the entire crypto following Bitcoin?
Posted Using LeoFinance Beta
could have been. I personally don't follow DEC much. I play splinterlands a little bit, about to play a bit more and hopefully do some live streaming.
I did see an SPS/BNB farm on pancakeswap so that is promising for that coin for sure on top of the farms for DEC. So fundamentally I am bullish, but not much to go on technically at this time. The Hive Engine charts don't show very far back and neither of them are on tradingview.