Hive Price Evolution - May 11th, 2020

Today market started showing some moving as we approach Bitcoin Halving. Hive price doesn't seem to be too much correlated with Bitcoin but I am sure such an event as the Halving is probably affecting its trading. Here's the data at the present time.

Current price: 0.3187 USD Ath price: 0.9705 USD Ath date: 2020-04-27 at 00:38:45 Volume: 14951802.00 USD

Price started recovering in the morning but it dropped again a couple of hours ago. The good sigh is that we may see a higher low if the market does not go deeper, but the trend line is not too encouraging as it clearly shows downtrend.

The volume remained had a slight increase but just to reach the levels before yesterday's drop. Nothing significant.

Yesterday there was a minor change in the volume distribution as MXC Hive/BTC pair exceeded Binance but today things came to previous situation .

The histogram bars show how the tree initial ones are reaching just about the same high as the price has slightly recovered. Bubble graph has slightly bigger size balls.

Volume Histogram	Volume Bubble Graph

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The density plot is a little bit skewed today as we still have some data in the top/right area (not shown) and generates distortion but beyond that minor change, the graph is almost similar to yesterdays.

Density Plot

Data extracted from Coingecko