Some one ask me about the hive as it has pump up as high as 8% today. Looking at the chart, it is pre-mature to say the bullish action may be followed. The coin is still under a strong downtrend where the price action today could at best classified as rebound. The first step it needs to go is above the key moving average and show some support around those area. A bad scenario will be the coin show a lot of supply when it go back up to the moving average, implying that the big hand cant wait to dump the shares to you for profit taking.
Let see how it follows.
Stay safe and healthy~
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