#Crypto market is little bit confused itself whether which direction to go. A fight between bull and bear is continue which is taking the market up and down.
The whole market is influenced by #Bitcoin and where the price of Bitcoin goes all other altcoins including #hive follows the same pattern. Just a recent dip brings down the price of #hive to $0.30.
This is not good for #hive to see the price level below $0.3. Few days ago I predicted that a good volume is seen in #hive and most probably #hive coin will pump hard and will break down $0.4.
But it did not happened rather it broke down its strong support. Few days ago when I predicted that #hive will reach $0.4, it does not happen but we see a small pump in #hive which takes the price to $0.38.
But why the pump did not continued and the price came down again. The main reason is #Bitcoin which is confused which direction to move.
This is to keep in mind that a huge pump is due and very soon the price will reflect in a good way as #hive is at its lowest price. The only thing we need a good support of Bitcoin.
We need to see Bitcoin price going up which will bring investors attention again towards buying momentum. But if did not happen and the market continues to go down then surely #hive will break the strong support of $0.3
What do you people think about #hive price? Will it surpass $0.4? Do you think Bitcoin is the only reason to take #hive up? Will be glad to see your answers in the comment section.
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