Hive USD chart and price analysis

in steem •  4 years ago 

Hive/USD pair chart is looking ugly. It is just straight falling knife which was formed after the hype and burst of hive coin. It might be stable for few months and start going up or continue going down, the odds of it going down are high because the price is very much dependent upon people selling steem and buying hive by powering down. But now the number of people who can do so is decreasing and chart is already very bearish with almost no sign of recovery.

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