Hive price is doing some strange moves!

in #leofinance5 years ago

Playing ball

I check the price of Steem and Hive quite a few times a day. And what a strange ride Hive is having! Steem in the other hand is being controlled now at 15,5 dollar cents by Justin Sun. But Hive?

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I think those technical analysts have a real tough time figuring out Hive. It went from 3000 satoshi straight down to around 1400. Then a rollercoaster ride started up and down between 1700 and 1200 satoshi. And the hikes are strong up and down. It’s like Hive is a ball in a football game. It gets kicked where the attacker or defender wants it! Curious how this will play out!

Sincerely,

Pele23

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Hi mate,

good observation! I noticed a Pump & Dump for the HIVE price, too!

In my eyes, the Fibonacci Retracement / Fibonacci Extension shows, that there is still space for a dump down to 0.00001215 BTC:

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Watch in HQ in TradingView

But what do you mean by

Steem in the other hand is being controlled now at 15,5 dollar cents by Justin Sun

I don't get it :( Is he in control of the STEEM price? o.O

Justin is sure in control of that price, he has been able to keep it steady at 17 cents, now it’s at 15,5 cents as long as he has money to keep it there

STEEM has become a stablecoin backed by Justin's pockets 😂

Ah thank you for your explaination.

But why should Justin want to harm the STEEM project when his own, HIVE, is simply that better than STEEM?

Do you think it's still a battle of power that is going on? 😅

Have a nice day and awesome easter-days with your loved ones!

God bless you! ❤️