Hive touching 0.683$ : early Christmas?
Wow! What a morning! People have been looking at their Hive wallet and shouting I'm a rich, baby!
Well not quite, but yeah, we had nice break reaching 0.683$ this nite/morning. As you can see on the chart we're still in an ascending channel. Hive is trying to climb to the next one. But got back to 0.63$. You must break this resistance before we can reach our next target (last chart) 0.738$. LSMA (blue) crossed the midline (dotted), so we can expect the price to reach the orange Bband.
Daily and weekly charts looks good. Not a lot of volume, but for the next couple days I think well get in a accumulation mode ,till the next breakout. Strong support at 0.48$. Most indicators looks good.
MACD Level (12, 26) 0.0427 Exponential Moving Average (20) 0.5380 Simple Moving Average (20) 0.531
So, keep powering up and stake, it's not the time to sell. We can still easily make it to 1$ and then with 500K Registered users on splinterlands 5-8$ is not out of reach for Hive.
Thank you again for reading me. Good luck and good Profits. GGP
