Posts

The behavior of HIVE in the crypto market.

avatar of @chucho27
25
0 views
·
2 min read

Greetings to all the readers of this great platform, especially to the readers of the #LeoFinance community, in the present opportunity I want to share information that goes referred to the crypto market, specifically the behavior that is showing the HIVE today, since today made an action that shows some times in the market which can indicate several things, for those of us who follow closely the HIVE we can notice that behavior.


Screenshot taken at: Binance

As many already know, the situation of the crypto market is not the best, this is because we are in an area of great risk, which can generate that the market continues to decline, mainly by facing a bearish market, in addition to the great of fundamental news about the economy worldwide, which has had a great impact on the blockchain economy, so we must always be careful in the decisions we make.

Today the HIVE market, performs an action that has been appreciated on previous occasions, for those who follow the market we can see in the cover image, a great candle that makes the market reaching the market price of $ 0.564 in the market, when stability brought it in the $ 0.40 to $ 0.42 this sudden growth in the HIVE market has been appreciated in many other opportunities, which have generated a similar behavior.



A few days ago, for the second strong fall that the crypto market had, on June 7 we can see that the HIVE market made a similar action, in which its price rose suddenly, surpassing the 0.60$ in its market price in which it managed to overcome with great force its resistance, but with the downward trend of the market, the next day the action followed was bearish with great force dragged by the BTC.

On that occasion its price went from 0.60$ to 0.30$, seeing that the action at the present time is repeated, we can say that we are facing an indecisive moment, if the trend in the behavior of HIVE is repeated, which is a trend that has been seen in previous opportunities, we can face in the coming days a big drop in the market price in general, this being the situation that is expected in the near future as far as the crypto market is concerned, it only remains to remain vigilant and make good decisions.





All the images used by the Author @Chucho27 are Public Domain, in each one of them you can find the source of the image.

The image used in the banner at the bottom is by the author @chucho27, made using the Canva application.