HIVE Price Pump: A Sign of Strong Bullish Trend?

in LeoFinanceyesterday

Since this morning, I've noticed some upward momentum in the price of #HIVE, and we've seen it rise to a high of $0.32 after four to five months.

This is really a positive indicator for the bullish momentum of this coin right after Bitcoin hits its all-time high, hive. Showing solid momentum as well. One positive aspect of the price pump today is that HIVE remained at its top for a long time and did not crash soon.

HIVE.png

This is a great indication for a strong bullish trend, and we can expect hive to be near $0.5 in the following days, which is why I usually try to maintain some hive liquid on hand so that I may sell when the price of hive pumps rises by more than 30%.

I sold some of the hive at $0.29, making a 36% profit, and will rebuy when the price reaches the level of $0.2 to $0.21, but this time the scenario is different, and I believe the price will reach its next resistance level, $0.5.

Yesterday, one of my friends asked me about the price of the hive because I had done many analyses and almost 90% of my predictions came true, so he asked me about the price of the hive and what would happen in the coming days. I told him that you should keep some liquid hive with you because the hive will soon reach $0.5.

Investors are just waiting for BTC to stabilize before investing in their preferred coins. Similarly, many Hive users are awaiting Bitcoin confirmation before investing in Hive.

a.PNG

To be honest, I missed the train and was unable to purchase Hive while the price was between 0.18 and 0.17, which makes me very upset.

However, I will continue to look for a better price to invest my money.

I also congratulate all Hive users on this price pump, since it will allow them to earn more money when the price of Hive rises.

Hive bloggers will undoubtedly make more money from their writings as the price of Hive continues to rise; the higher the price, the greater the reward, which is what every Hive user seeks.

Let me explain this with an example: imagine I share content on a daily basis and earn between $4 and $5 for each post, but what happens when the price of Hive reaches $0.5? My earnings will increase by 1.5 times.

Which means that if I earn roughly $4 today, my earnings will increase by $6 at that time, bringing my total earnings to $10, which is incredible.

b.PNG

The same is true if the price of the hive reaches $1; my earnings will increase by five times, creating a win-win situation for all hive users.

Another advantage for hive users who have a large number of hive coin in their wallet is that they will undoubtedly receive a capital gain and a decent return on their investment.

I'd like to offer some tips on selling your coin; it's much better if you sell both coins and levels.

For example, if I own a $10,000 hive, I will sell 20% of my holdings when the price reaches $0.5.

Similarly, when the price of the hive reaches $0.75, I will sell an additional 20%.

And at $1, I'll sell another 20%, continuing until the hive's price reaches $1.5.

c.PNG

Also, if the price of the hive rises and you sell your holding, try to rebuy at a low level, which means roughly 10 to 15% less than the 20% you bought. This will help you expand your hive amount.

Right now, the price of hive coin is quite positive, and it might reach $0.5, so best of luck to everyone and make wise decisions.

I hope you find this post interesting and I hope you will like it. If you like the post, please leave feedback in the comments section so that the next one will be even better. Thank you for sticking with me until the end.

Capture.PNG

TWITTER TELEGRAM HIVE WHATSAPP DISCORD

IMAGES AND GIF TAKEN FROM CANVA, EDITED IN CANVA
Image Source (CANVA)
Image Source (Trading view)

REMEMBER: We should prepare for the unexpected and hope for the best. Life may not be easy, but you must do your best and leave the rest to God.

Posted Using InLeo Alpha

Sort:  

This is positive article to read and begin my Wednesday.

I'm so happy to see Hive price soar.
That's so cool

i sold hive 0.32$ , now trying to buy at 0.21 or 0.22 so lets see, now price are 0.24, but my range is 0.21 , today was great pump, but sunddenly decrease, but it is sign of bullish trend in future

Discord Server.This post has been manually curated by @bhattg from Indiaunited community. Join us on our

Do you know that you can earn a passive income by delegating your Leo power to @india-leo account? We share 100 % of the curation rewards with the delegators.

100% of the rewards from this comment goes to the curator for their manual curation efforts. Please encourage the curator @bhattg by upvoting this comment and support the community by voting the posts made by @indiaunited.