Will There Be a Black Friday Sale on HIVE? Maybe, maybe not.
Hive is Mooning
When a crypto stays consistantly under $1.00 and then decides to rocket upwards.
After observing the HIVE chart at various times over the last three months, it's strange to see all the movements that seemed like a big deal at the time, reduced to tiny, insignificant scribbles next to the line straight up.
Now What?
Is this a new normal or a flash in the pan? I don't know. I don't give financial advice. I just like to talk about trends and patterns.
I have to admit, I didn't really see this coming.
Yes, I did make an optimistic statement after HIVE crested $1.00, but I didn't expect anywhere near $3.00.
(I accidentally called it)
STABLE HIVE? Or a Big Pump?
It's exciting when the value of something spikes up, but time will tell if this is a new normal, or just another big pump.
The reality is it's likely just a big pump.
Healthy growth is slow and steady - and I've observed it consistently over the last three months.
That means the SOLID trend of HIVE brings it closer to $1.30 - $1.40. Not as attractive as $2 or $3, but if it remains consistent at that value (with occasional dips and peaks), it's a sign that HIVE is doing fine.
We Shouldn't Be Disappointed with $1.30 HIVE
It doesn't sound so impressive, but if this becomes the new floor and the value only rise from there, we may see HIVE begin growing at a more exponential rate. What that means is someday we may see these impressive numbers consistently, day after day.
This is Further Evidence of the Bright Future for HIVE
From a three-year perspective, the future is NOW. But the the future is still future and the present is still the present.
It's always that way.
My favorite saying from my brother @papa-pepper
It's on my favorite mug.
Benjamin Turner: God fearer. Rooted in Messiah. Husband of @lturner. Father of SIX (!!!) wonderful children. The guy behind the camera. Blockchain enthusiast.
Bless the Most High!
Posted Using LeoFinance Beta
I will be okay with 1.30 or 1.40. As you've said "healthy growth is slow and steady".
And I also hope for Hive to keep growing at this rate
There is a fight in my mind between "rocketship to the moon" and "slow and steady".
source
LOL!
HEX and PULSE!