RE: RE: HIVE Pumping - Something Is Not Quite Right...
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RE: HIVE Pumping - Something Is Not Quite Right...

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5y

1 dollar support is psychological, traders know that Hive is fundamentlaly strong right now and so a 1 dollar price floor is completely reasonable. They dont dare to short it past this point. All the 1 dollar sellers are done, since we have broken it time and time again, they may even turn back in to buyers. This is where the price becomes irrelevant and support, resistance everything. Once momentum catches hold traders with no interest in blogging will jump on board. All we need is for decentralised social media and tokens to become a hot topic. As someone else said once we breach a billion dollar market cap big money will start to consider buying in, they wont touch anything else as they will whale the market too much. Its time for a new paradigm for Hive and literally anything can happen. Im hoping for a price that is just un thinkable as that is what usually happens in crypto. There is also a rising wedge on the chart so sometime soon we could break out to something close to 2 dollars.

@jphamer1: 1 dollar support | Ecency