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RE: Hives Recent Price Action.

in #leo3 years ago

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)