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HIVE Price: Will this hold?

firepower

Published: 06 Nov 2020 › Updated: 06 Nov 2020HIVE Price: Will this hold?

HIVE Price: Will this hold?

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A weak bounce for starters but better than nothing as far as HIVE price goes. Given the little demand I guess this is as good as it gets, considering several alts have been mooning since yesterday, posting really good gains from their respective lows.

However, HIVE price has a long way to go before the chart will look anything close to healthy...

Anyway, i'm glad to see this bounce. But, overall exchange traded volume remains really low so I'm not sure how far this bounce will go. I wouldn't call this a pump until we can push up atleast 30% or so from the lows and hold it.

https://www.coingecko.com/en/coins/hive#markets if you want to take a look at the current exchange volume for Hive pairs.

Let's see how the weekly close shapes up... Hive needs a big push to change the current trend.

This post is not financial advice.

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Written by

Hive Witness, Steem.Chat Admin, HiveFest Crew (Formerly SteemFest Formerly Project Curie, SteemCleaners & RHW)

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