Ask Leo- Hive and the month of september , what to expect ?

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The price of hive is at $0.53 presently and the market cannot be said to be bullish because the bears are still in charge of the market and the hive price is finding it so difficult to touch $0.60 for some days now.

What are the predictions of the hive on the market , can hive touch at least $1 this month of september ? Well going by technical analysis , yes the hive price chart is showing that there is a possibility that we would see a bullish hive soon , and that could start this month but fundamentally it is showing that all the whole crypto market is still down and might remain bearish this month , and if the crypto market remains bearish this month ,then hive might not be an exception except if the Koreans do their usual pump on the hive market and that is often temporary and not permanent.

So technically yes there is high tendency that hive will be bullish this month but fundamentally hive price is expected to go lower.

Posted Using LeoFinance Beta



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I dont have a crystal ball, but I think the Bitcoin bottom is at $11000 or below and if that happens then it could drag down a lot of the rest of the crypto markets. Hive though, is often acting on its own, so its really hard to predict in my view.

I hope for a low price of Hive in the $0.01 - $0.10 range, because first then would I buy it up. but its a wild horse, it can go both ways in my view, hard to predict.

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