Hive touching 0.683$ : early Christmas?

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Wow! What a morning! People have been looking at their Hive wallet and shouting I'm a rich, baby!
Well not quite, but yeah, we had nice break reaching 0.683$ this nite/morning. As you can see on the chart we're still in an ascending channel. Hive is trying to climb to the next one. But got back to 0.63$. You must break this resistance before we can reach our next target (last chart) 0.738$. LSMA (blue) crossed the midline (dotted), so we can expect the price to reach the orange Bband.

HIVEUSDT_2021-09-03_08-02-42.png

HIVEUSDT_2021-09-03_08-01-22.png

téléchargement.png

Daily and weekly charts looks good. Not a lot of volume, but for the next couple days I think well get in a accumulation mode ,till the next breakout. Strong support at 0.48$.
Most indicators looks good.

MACD Level (12, 26) 0.0427
Exponential Moving Average (20) 0.5380
Simple Moving Average (20) 0.531

HIVEUSDT_2021-09-03_08-08-06.png

So, keep powering up and stake, it's not the time to sell. We can still easily make it to 1$ and then with 500K Registered users on splinterlands 5-8$ is not out of reach for Hive.

Thank you again for reading me.
Good luck and good Profits.
GGP

Not financial advice just my opinion! DYOR
EARN FREE CRYPTO

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7 comments
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You are right when I look at my i
Phone this morning I was like wow this is wonderful, I checked the Hive price yesternight at a normal price.

but you know that the price is stable,
So the price has reduced again.

Daily and weekly charts looks good. Not a lot of volume, but for the next couple days I think well get in a accumulation mode ,till the next breakout. Strong support at 0.48$.
Most indicators looks good.

Yes it will, I think so.

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But Hive is still on bullish trend according to the image.We are expecting it to move more than like this,this year.
Hive to the moon.
Thanks for the analysis

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Indeed Christmas seem to have come rather earlier. I Believe we could still be seeing better days. Great analysis. Would be waiting a little to get right back in on some hive. Till then, I keep on powering up the little hive I earn and could get by converting some tribe tokens.

We can still easily make it to 1$ and then with 500K Registered users on splinterlands 5-8$ is not out of reach for Hive.

Also believe we can. With Splinterlands users getting a little understanding of the hive blockchain other than just gaming, we could easily see some investing on hive. With hive getting to five dollars, that would be really awesome.

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