RE: LeoThread 2024-12-14 13:10
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$HIVE is slowly going downwards, is it the end of trend finally?
I Was active when hive touched 0.41$ but in spite of having a decent chunk, I chose not to convert the hive thinking it shall cross 0.5$ at least. Guess I am wrong :( what do you think though hivers, is it the end of the uptrend for hive?
https://img.inleo.io/DQmZV2Yx3G7B9RWympVpXdPeVQqxcPpWewtdYjm1HqpSmuv/image.webp
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The true uptrend have not even started. , the uptrend will start during the altcoins season , and
alt season is already here.
over 80 percent of all alts are outperforming BTC.
many alts have 3x 5x movements over the last 60 days.
this just proves Hive is a dead coin.
I would argue that the trend isn't broken yet, not until HIVE makes a lower low - lower than those I marked on the chart.
If it bounces while making a higher low than the one closer to it, I'd say the uptrend will continue.
anything over 25 cents is overvalued.