𝘿𝗼𝗻’𝘁 𝗦𝗹𝗲𝗲𝗽 𝗼𝗻 𝗛𝗶𝘃𝗲 – 𝗕𝗶𝗴 𝗦𝘂𝗽𝗽𝗼𝗿𝘁 𝗙𝗼𝗿𝗺𝗲𝗱, 𝗕𝗿𝗲𝗮𝗸𝗼𝘂𝘁 𝗜𝗻𝗰𝗼𝗺𝗶𝗻𝗴? 💪🚀

19 days ago

After doing Hive coin’s analysis, I have reached the conclusion that Hive is in a consolidation phase for the past 3 weeks. Despite the market ups and downs HIVE is still at its position. Hive is lagging for the time being but soon will surpass its real target.

Consolidation phase, this means the coin’s price is moving in a limited range not going much up, and not going much down. Around 21 days continuously, this coin’s candles are forming in the same range, which shows stability in the price.

The best thing is that Hive has made a strong support level between $0.25 and $0.26. This means that at this level, there are more buyers and fewer sellers, which also means the price has fewer chances to fall down. If this support stays strong, then the next target can easily be $0.35.

Now the question may arise that when the next pump is expected. What I have experienced and noted is that whenever Bitcoin crashed and takes huge correction then HIVE starts gaining volume and in the result pump occurs.

𝗕𝗶𝗴 𝗦𝘂𝗽𝗽𝗼𝗿𝘁 𝗙𝗼𝗿𝗺𝗲𝗱, 𝗕𝗿𝗲𝗮𝗸𝗼𝘂𝘁 𝗜𝗻𝗰𝗼𝗺𝗶𝗻𝗴.png

Although right now Hive’s trading volume is quite low, this can change anytime. When the volume increases in the market, there is a chance of a good price jump. Right now, the coin has made a strong base, so as soon as volume comes in, it will test its resistance level.

Until then, while the price is not pumping, we can stake Hive and earn 46% APR from it. This is a good chance for passive income, and until there is no big movement in the market, we can continue earning from staking.

Its very simple, you have to go to binance earn, find hive and select flexible earning. Stake your liquid coins and earn 46% APR. Also the withdrawal is instant, you can withdraw anytime you want.

Right now, I will surely suggest to go for staking and wait for the next price pump. Also keep in mind that market is bullish and dont ever sell all your coins in a single bid but try to sell at different prices.

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.