The Bottom of Hive Price May be 0.16 USD in Worst Case Scenario
The Bottom of Hive Price May be 0.16 USD in Worst Case Scenario. I shared a post about 12K USD May be the Bottom for Bitcoin in Worst Case Scenario and Hive Price may be touch 0.16 USD in worst case scenario...
Hive Price is being traded around 0.33-0.36 USD in a month. There is a bearish flag that broken down... The worst case scenario for Hive may be 0.16 USD If bearish flag works...
If it happens, We may see double bottom in Hive price chart. Bearish season may be completed...
Here you can see weekly chart of Hive. Fisher Indicator is trying to reverse in weekly chart. We may see Hive price going up in next weeks.
This was the worst case scenario for Hive. I think we completed bearish season. Time to pick up discounted cryptos. We may see Christmas rally... So, we should be careful while trading.
We will see..
Posted Using LeoFinance Beta
The system uses HIVE to guarantee the price of HBD. Users can convert HBD to HIVE and dump the HIVE on the market. During the last dip, users converted a million HBD to HIVE. The market had to absorb about 3 million HIVE.
Ausbit says that the market cap of HBD is currently 5.4% of the HIVE market cap. If the price of HIVE dips; then we will probably see another million HBD converted to HIVE. A million HBD converted to HIVE would produce what? 4 million HIVE that the market needs to absorb?
Using HIVE to guarantee HBD adds to the volatility of HIVE.
Posted Using LeoFinance Beta
A lotta times prices come all the way back to their starting point when they are not doing well. So if this were the case, if we see .16 cent hive the chances of .08 cent hive again are increased extremely. Wouldn't be bad for buying a lot, I doubt the price would stay back at 8 cents for more than a few weeks.
Well, if we really go towards 20 or even 16 Cent I will definitely stack some more Hive! 🛍️😁
Let it be...
I hope we see a $0.44 before that dip
ii will have some HBD ready if that happens! but hopefully we will some new upwards trends .... they way from 0.28 to 0.37 was nice profit for some people
Dear @chorock,
Your support for the current HiveBuzz proposal (#199) is much appreciated but the proposal will expire soon!
May we ask you to review and support the new proposal so our team can continue its work?
You can support the new proposal (#248) on Peakd, Ecency, Hive.blog or using HiveSigner.
Thank you!
Dear @chorock,
Your support for the current HiveBuzz proposal (#199) is much appreciated but the proposal will expire soon!
May we ask you to review and support the new proposal so our team can continue its work?
You can support the new proposal (#248) on Peakd, Ecency, Hive.blog or using HiveSigner.
Thank you!