This is my another powerup during this year. I know hive is not performing well. In fact, it is making lower lows and lower highs pattern that indicates that the top holders are selling hive tokens on every rise. In my previous post I wrote about it. You can see it on my blog list.
Within 24 hours, Hive price even dropped to $0.061. That must be the all time low price of Hive. It got some stability and now its current price is $0.067 which is roughly 10% up to that level. Will it go up or down depends on many things. As its chart patten suggest, it seems that after reaching to this level, i.e. $0.067 selling may start soon. So, it is not likely that hive price is going to increase and break the psychological level of $0.1 at least. I am not bullish about hive. But I am not going to sell my tokens. In fact, I am staking. I believe that present condition won't last for ever. Hive will rise and will become a more competitive blockchain. That's why I staked 100 Hive tokens today. Now I am very near to cross 17000 HP level. Within a year I'll have 20k plus HP if I get support of my followers and others.
Thanks!
