Impressive HIVE Resilience

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I'm really happy with HIVE's price performance.
It looks like HIVE is sitting comfortably above $0.50 and surprisingly today HIVE briefly hit $0.67 at the same time that BTC and almost the entire crypto market sank 7% during the Asian session. market.
Many are waiting for HIVE to go down to the catacombs to buy it but, believe me when I tell you that more and more it seems to me that HIVE has its own personality very different from the rest of crypto coins and, I would not be surprised if we do not see HIVE again below the 0.3$ for a long time.

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Don't get me wrong, it's clear that if BTC goes down, it will also end up dragging HIVE down, although today it hasn't, but HIVE's resilience against the crypto king's drops is stronger.
Don't ask me why, I don't see one reason more important than another to justify these green spikes on the volume graph, surely some half-mad Korean whales are pumping us... or maybe something big is cooking behind the scenes which I doubt it is.

One thing is clear for me. It is time to accumulate HIVE and whoever does not see it that way or who is selling HIVE at current prices is that they really do not bet at all on this blockchain...as always, the time will come again and we will see many of them regretting for having sold HIVE at the current price levels... Hope one day some of them will learn what to do in Bear Season.

@toofasteddie

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17 comments
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I also pleased with the Hive price. Wow it's really impressive now, can see it hitting $1 easily. It is undervalued !

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It is undervalued

Sadly so, hopefully undervalue days will be behind us someday soon. In the mean time we build and keep stacking up.

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The Koreans don't you just love them? lol! If they are the ones giving Hive a pump, then I love them to bits!

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I was just thinking something similar. HIVE seems to be holding its ground rather well. I have been taking advantage of this lull in the market.

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Well, Hive has its mysterious ways, after being on top2 spot, after BTC now moves in the good direction. I hope to see Hive at $10 in the next 5 years, but this depends only on us in the end.

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It certainly is channeling. If consolidation is a good thing, then HIVE has a lot of it.

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some will say also that HIVE is doing an inverted Head Shoulders pattern which is very bullish
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Hive is looking good right now but I think it's Korean pump like you said. So I wonder where prices will level up at once those whales get tired.

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There's no reason for those whales to get tired IMO, so I expect a sustained rise

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