As you might know, the Korean exchange Huobi listed Hive token after the AMA with Ciara Sun, day before on 22.04 in Huobi TG chat and Hive official Discord (https://discord.gg/SXNUCPD)
While AMA Huobi announced the promotion for traders who will deposit at least 5000 Hive will be eligible for a possibility of gaining an extra 1000 Hive. It was a strong signal for the Pump, but I didn't get a long position)
22.04 Hive Stats
Hive📌24H Stats
💰 Price: 0.110523 USD | 0.00001589 BTC | 2.99 UAH |
💰 Cryptex24: Hive 3.41 UAH | HBD 20.85 UAH
📈 High: 0.11874
📉 Low: 0.109824
🧮 Market Cap: 38801070
Rank: 92
As you might see the Aprils day chart says that the support level was on 1500-1600 satoshis
And after the AMA I woke up with 30% price pump
23.04 Hive Stats
Hive📌24H Stats
💰 Price: 0.163247 USD | 0.00002303 BTC | 4.41 UAH |
💰 Cryptex24: Hive 3.41 UAH | HBD 20.82 UAH
📈 High: 0.176385
📉 Low: 0.109824
🧮 Market Cap: 57284384
Rank: 73
23.04 Hive Stats
Hive📌24H Stats
💰 Price: 0.293667 USD | 0.00003936 BTC | 7.97 UAH |
💰 Cryptex24: Hive 7.07 UAH | HBD 27.2 UAH
📈 High: 0.330411
📉 Low: 0.17694
🧮 Market Cap: 103459686
Rank: 50
Today we are in 24 Hour Trading Vol - $19,283,239 according to @coingecko and price is still pumping.
Tradingviews tech analysis says still a strong buy:
My humble meaning
During the Huobi promotion Hive price will hit between 2500 - 3000 satoshi level and after the promotion finishes, the price will drop to 1550-1600 satoshi because of possible Korean community dump the #Hive (That's when I buy) to get more #Steem (these days I'd suggest by hold some #Steem to sell higher)
That's where I'd suggest selling STEEM
Definitely this post is not financial advice)