Yes, I'm sure you're going to tell me that this is a "no-brainer" given the growth that BITCOIN has been experiencing in the last few days... everyone is waiting for the effect on their favorite "altcoin" and, although some have already started to behave as we expect (ETH among them), HIVE has been quite timid in the same period of time but...
If we look at the HIVE internal market and the depth chart we can see how the BIDS band on the left is growing monstrously with respect to the ASK band... in fact, the difference in volumes is substantial I would say...
This will inevitably lead to a substantial rise in the price of HIVE, I don't dare to say how far since we can't see beyond $0.20 on the right side of the chart but my bet is that we're going up very strongly.
We'll see.
@toofasteddie
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This is pretty good news. It means that the price will probably rise as the people keep bidding up Hive.
I like how it looks with the increasing buy orders dwarfing sell orders.
yep, it's amazing
Hopefully, Eddie! We need to rise above 50 Cents though to really make a change chartwise. 🙏🏻
step by step my friend
Hive devalued quite heavy and I think it has much upside that it can reach. Once the market moves full bull ahead, we might see some strong moves also here.
Hive has a volume crisis, which is weird.itwill be solved when investors come to the markets