Is hive having another bull run or its a pump and dump skim
Its been long since i looked at hive chart on the open market since the market became bearish, it caught my eyes as i saw HIVE among the top gainers yesterday in Binance despite the sell off yesterday by major cryptocurrency like bitcoin and Etherum, which left me wondering who was actually buying hive became as 4.45m hive was bought up on Binance within 1hr. Only for the price to drop within the next few hours after breaking the 200 ema on the daily chart and price still continues to trade above the 200 ema which denotes hive is bullish.
Twitter
Searching for the reason for the pump i went to Twitter to check if hive was trending and too no avail as other irrelevant blockchains pubs up, then i search for hive and discovered that @theycallhimdan has a session on twitter on hive and the price of hive caught fire gearing up for the moon.
Why #Hive - 1. Sustainability. https://t.co/ESq82ONd20
— They Call Me Dan (@TheycallmeDan_) June 27, 2022
Also @belemo shared a Tweet about the session as hive try to recover the 50 cent price, which is a fair price at the moment consider we are in a bear market.
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Posted Using LeoFinance Beta
Let's see what keeps happening!
Posted Using LeoFinance Beta
Yea let's keep our fingers crossed but am saddle because i haven't loaded my bags with more hive and leo, will wait abit though because i know there will be retracement