The HIVE prices are pretty weird in the last few days. (although it is weird during the bullrun of 2021) So I have a deep look into the prices of pass few months and few years. I have finally come out an idea, HIVE will soon to-the-moon ($1.5)
If we look closer, when it tried to cross the resistance of $0.6, it quickly comes down to within a short period and it did happened 2times. If I zoom out for more, the last time we broke and go down the critical level of $0.6 is during May when the whole market hyperbullish.
In the recent time, it appears on 23/Aug
Steemmonsters is an important factor to affect the price, riding the play2earn trend, the demand and supply rise like hell and sharp, just read the article about Splinterlands Continues to Fly. In my lifetime, nothing can keep on the speed like that, I am not saying it won't happen but, to be honest, it's not that health for somehow a "capital product". I am very happy to see it finally pumped like other coin but just not too comfortable on it.
