You are viewing a single comment's thread from:

RE: Hives Recent Price Action.

in #leo3 years ago

I have actually decided to go all in on Hive recently :D But my buying positions are starting at 50 cents downward. If the current level can hold, I think 2$ is the next stop, but I am 99,9% certain that it will correct to about 80 cents again after that. But it would also mean that 10$ is almost guaranteed in this cycle :)

Sort:  

Its holding nicely. Im not sure about 10 dollars but anything is possible. 2 dollars would be great.

while the 10 dollars is somewhat symbolic, it is also based on the previous performance of Steem to which Hive is still highly correlated. Having a 2$ Hive and a correction to <1$ would also set up another fib retracement going up to about 10$. The TA on this is pretty clear I think so 10$ is very possible in my opinion. But we definitely need a 2$ Hive well before the peak of the cycle (perhaps 6 months or so)