Analysis of HIVE PRICE behavior
Greetings everyone!
Here we go today with another blog something about the price of hive. As we all know from last few months back the price of hive was at it's almost lowest price the sellers over here were very active and they were also in the large number. But a few day back there was a massive pump in the price of hive and it goes to high. But again the price came down back. But yeah it's more up from the before place.
If we also see the last past data of the HIVE. If we see there was a sudden downtrend again, but then it resist it at the same price for around a two or more then a month. And then if again see that there was a massive buying in the HIVE. And the price reach all time high almost to 3.4$ (a single price of high) which is absolutely impressive. As the price goes almost to the top so it is very normal that the selling will come people will make out the profit booking, who wants the loss. So again the selling came and the price came down. But the peak of the price was really very great.
But after the certain peak if we see the ahead chart price it was resisting at the same price was very long time. And there was no moment or volatility in the price. But it's quite okay it's not an issue. But again some buying came and then this year the price of hive goes down again to it's maximum value. So my question is that the patter or the price behavior can again repeat or not? Because after analysis the chart says that there more chance to repeat the same thing again. And this time people can also plan there money (how to manage) and we have still time for it. Note:- it's not necessary to be followed same price behavior but there are many chances.
Well now still its the time to collect more hive as much as possible, you can earn more money just using some little trick and using your mind. Convert all the hbd into liquid and also do the power up and then when the price of the hive will goes up you can convert again into the liquid you want and sell it in the market if you want. And this will increase the size of your account valuation too. Or as you want to collect you can your rewards. But I just want to say that use it wisely and take the advantage of low price. And take a chill pill when price again touches the all time high. Even though where ever the price goes don't panic and just focus on collecting the hive as much as you can.
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