Hey my friends. Crypto just had a correction.
Hive is currently trading at $0.3410 on binance.
We probably gonna see some recovery in the next day or so. Buying some today wouldn’t be a bad idea! Let’s see how well this post ages.
Below, on the weekly chart, we can see MACD is indicating a downtrend, and RSI just crossed EMA downwards. I believe HIVE can touch $0.3280 in the next weeks.
ZEC reached a minimum of $28.49 and now trades at $29 on binance.
The weekly chart is looking promising ! Take a look:
The 9 MA on the weekly is going upwards. After a long, long time falling down.
Of course there will be some ups and downs, but it looks we are seeing some reaction from the medium average. We have even touched the 50 MA for the first time. Some price consolidation is probably happening.
Not bad at all ! I was expecting to see this correction since Bitcoin jumped too hard in recent weeks. 8, to be precise.
We are just beginning week 2 of the correction.
I am expecting at least 2 more weeks of blood until we start to feel greedy again.
Despite of the dump, I do not believe HIVE will drop below $0.30, but if it happens, I will be there to buy some more.
This was another great post by:
@xmauron3The Future is Awesome
