I don't see much reaction to HIVE being one of the few altcoins that have managed to stay almost stable in the recent market dip.
Actually, we, the so-called Hivers formerly Steemians, are quite a strange tribe. It seems that we are not surprised by anything that happens here (LoL).
After more 4 years on this blockchain I have seen everything, but this lack of excitement with the present price action I really see it quite strange.
Despite the recent FUD and the still doubt in the crypto markets, HIVE continues to remain strong relative to the $, but not only that, our HIVE has grown 11% in the last 24 hours compared to BITCOIN. Yes, gentlemen, yes, HIVE is being bought also taking advantage of this dip and that, dear friends, is very good in my opinion.
There is demand for HIVE, most likely our friends from SPLINTERLAND have a lot of "guilt" for this.
Looking at the summary of the daily technical indicators, you could not be more pleased.
STRONG BUY on the Daily MA, oscillators maintaining a "healthy" NEUTRAL position.
If we compare them with the same indicators in BITCOIN we can see how good our situation is:
Everything seems to indicate that, unless BITCOIN crashes loudly today, HIVE is consolidating a base price of $0.75... something unthinkable a few weeks ago, don't you think?