in the graph of the big exchanges like huobi, binance and bittrex it shows that it has already touched bottom, although I think that in the next days it could fall to 10 cents if the btc continues correcting, I think that the btc will touch the support of 12400$ and from there it will begin again to rise with all the altcoins.
The problem of hive is still inflation, while we have this terrible inflation is going to happen to us the same as the steem and of course the problems with the HF24 the last weeks and the fact that the wallets of the exchanges lasted more than 2 weeks offline this hurt us a lot and the volume has been the lowest since birth hive.
We don't have any new investors that is another problem, people don't trust this blockchain despite its potential and I think they would like to invest more in a token like LEO because it has a good roadmap and its team makes good decisions.
However during all these months hive has shown that it is a very volatile currency, its falls are very strong but it recovers easily which is attractive for many traders, that is a point in favor of hive that while investing little you can pump easy
And the RSI is not wrong, at any moment the trend can change
Good exposition of the facts, thanks.
The only thing I'm not sure is that I don't think the disabling of the exchanges withdrawals has had a role on the price. Actually, It help HIVE to not increasing the amount of tokens there.
I think that if it affected a little, because if you have coins in the exchanges and you want to turn on hivepower you can't because you have them withheld and likewise you can't deposit in the exchanges to pump, that's why the volume decreased a lot. Although I still think that the buyers are concentrated on btc and after the btc reaches its peak, the altcoin season starts as it happened at the end of 2017
Btw, I see you are an specialist about semiconductors, I am an specialist of superconductors... let me follow you ;-)
If I am a physicist specializing in the area of semiconductor compounds, I came to steem publishing scientific content and am a member of the board of the scientific community STEMsocial previously steemSTEM. I have not published scientific content for a long time, maybe in the near future when I feel a little more motivated I will do it again, for now I am totally dedicated to trading :)