Here is some interesting trend analysis using Elliott Wave.
Look at the possible price he puts on HIVE.
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Here is some interesting trend analysis using Elliott Wave.
Look at the possible price he puts on HIVE.
Posted Using LeoFinance Beta
Yea I think those are also likely numbers to hit if we do pump further. I think his predictions should hold since $1 should be pretty solid support.
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Seems very reasonable to me. Personally, I think the next "pump" will take it over $5, maybe as high as $7-$8. At which point it will probably settle back down to hopefully around the $4-$5 level for a while.
Who knows though. It's all speculation. And if the SIP truly does start sucking liquidity out while at the same time bringing in more users through 3Spk then it could do almost anything.
Still just accumulating to be along for the ride....
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That price will be amazing and I will love to see hive at that price
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