@dragosroua. Do you know how much total HIVE is Powered Up ๐ How much HIVE is trading ๐น on Exchanges? โ.
That could be a good indicator to attempt to make see of what is going on.
Are people Powering Down to take Profits? โ
Do you see HIVE come under $2.0 again. I am missing the 0.80 level.
The first questions, I don't know the answers to, it will require extensive blockchain analysis - it can be done, but I don't have the resources (time, mostly) to do it.
Absolutely, I see it under $2 quite soon, probably a week or two. $0.8 is a key level, there's unfinished business there and - in my humble opinion - should be revisited to clean up some hanging supply.As always, not financial advice, DYOR, etc.
On Binance the downward trending continues at Volume less than 10M USDT equivalent to 4.28 Million HIVE
Yeah, it slowly churns until it hits resistance, around $1 - $0.8. Not financial advice, DYOR, as always.
On Binance current Trading ๐น Volume is about 18.66M
