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RE: Daily Crypto Markets Live Blog: Hive Holding Above 80 Cents (09/5/21)

in LeoFinance4 years ago

Hive's move this week has been a bit weird. Meteoric rise and rapid descent. What do you think will happen will it return to the original point or is it a turning point to go beyond $ 1 this week?

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This week I doubt it will go over $1 again but probably by the end of the year it should be close to $2

2$ is too high if you ask me . 1$ seems realistic .

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I think it will stabilize over 0.7$ .

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0.7 its a good price

I'm hoping it will find new support on a higher level than before. I was actually hoping that would be at 0.8 but I guess that ship has sailed

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That is called a pump and dump. It was manipulation I believe.

We will see how it all settles out but I believe we see the 60s again.

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If this is the case, then who are the Pump-n-Dumpers? It's not these people, that I can tell you:


Cover image for "People in Crypto: Pump-and-Dumpers"

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i am guessing we will see a $2 at some point in the year but we might steady at around 0.60 cents this week. Just my thoughts

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Well we had a few pumps in the past. Most of the time, it was short lived but it may build a stronger base of support. So overall I think more people will be wanting some HIVE. As for past $1 this week, I don't think so.

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Bitcoin shoots up for a bit, then loses 50% to 90% of those gains to slum it for a while before the cycle repeats. Each time Bitcoin achieved higher highs and even ATH.

I'm not saying Hive is anything like Bitcoin, but I'm expecting this pattern with Hive as well.

If my guess is right-- and it is just a guess-- then we will be laughing like hyenas for a while.

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