Hello there. Recently, Hive held above $0.70. But with the start of this week, we had a serious decline. In general, there is a decline in the cryptocurrency markets. The drop in Bitcoin is leading this move.
Hive fell from $0.70 to $0.52. There is now a turn around. This reversal could also be a correction in the downtrend. There has been a decrease of 22% in the last 5 days. This is a very serious rate. We can say that there is a decrease of one quarter.
From my point of view the Hive is still very valuable. Because I think I'm just at the beginning of the road here. For now, the Hive price doesn't matter. I see the psychological threshold as the price of $0.40. But even if it falls below that, it's okay. I saw the lowest $0.17 in the hive. There is no problem even if it falls this far. It may even be a good opportunity for investment in the coming days.
Let's see if we see this opportunity.
See you again.
Take care of yourself and your hive.
İmage: source