Greetings to all readers of this great platform, especially to those who make life in the great community of #LeoFinance, in the present opportunity I want to talk to you a little about the HIVE crypto market and its recent behavior, which resumed an old habit of launching big wicks in some direction, seeking thereby to consolidate a new area and who knows the behavior of the token manage to get a little profit or multiply the tokens with the right decisions.
 Screenshot taken at: Binance |
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As you all know, the crypto market managed to recover some value, which allowed many tokens to take a little oxygen, this was also the case for the HIVE token, which always has a very particular behavior, as it tends to respect the movements that mark the market as well as the indicators that warn you of any entry or exit of the market, so we can say that it has a correct behavior in the crypto market.
This being the situation, like the BTC we can see how this token increased its value in the crypto market, but in turn has a particular behavior which had long time without happening and this is directed to its large wicks in some direction, which usually makes them upward in search of consolidating a market area, and this is done to prevent then the relevant market correction drag it with force and take it back to the low area where it started.
This behavior has been done on many occasions and yesterday it did it again, with which it can be expected that the market guided by the BTC makes its relevant correction, which points to a side channel of BTC near 18k, if this happens the HIVE with this envion will try not to fall below $ 0.30 in terms of its market value, thereby avoiding losing this support and return to the previous area, thus manages to consolidate a new area in the crypto market and running again its behavior so particular.
