After dead cat bounce in BTC chart at weekend, Hive is one of the best performer crypto today.
There are a few reasons why Hive is one of the best...
- Hive was one of over-decreased crypto after altcoin season. It was also undervalued and touched buying zone before altcoin season. So Hive should increase to balance the price...
- HF25 effects Hive price going up! We can say that after comparing the price between Steem and Hive. It is going down from 2 to 1 and Today It tested under 1! HF25 will affect the Hive price positively, It will save Hive from being undervalued!
I still agree that I shared a post Waiting Until August to Buy Hive
As you see support levels and resistance of Hive price on the chart, It may be a dead cat bounce for Hive. If Hive price doesnt break 0.36 USD, I will be right but I need to chance my thesis. I will change August with October.. Because RSI may not be broken until October...
It is greatest resistance and cant be broken early...
But If I see the price on 1st or 2nd support I will not miss this chance... Because Hive is one of the best investment if you buy good level. People can make passive income more than 30% apr. by curation, posting, delegating...
Reality
Death cross also coming a few days later. I will buy Hive for long term. I believe Hive will be a star in next altcoin season. There are lots of reason to be a star...
Powering downs coming from Steem effected Hive price last year and there is no such obstacle in the future...
New Dapps make Hive better again. I believe also LEO will promote Hive...
We will do it together!
Posted Using LeoFinance Beta
