As fast as the price of Hive increased, in the same way the price of Hive came back down. At the time of writing the price of Hive is $0.096.
Yesterday was a very good day for Hive and it was best for those who did profit taking.
We saw that the price of #HIVE reached $0.12 which was almost a 20–25% pump. The volume was also increasing but in the end I saw that selling pressure started.
As far as I have noticed the main reason for the #HIVE pump is volume. If the pump is real then its volume increases very fast but if the pump is fake it stops at a certain volume.
Yesterday I saw that the volume went up to 9M and after that it started to decrease. I understood that the price was overbought and from here it would come back down.
Exactly the same thing happened. After pumping 25%, the Hive price could not hold its position and due to profit taking and increased selling pressure its price came back to the initial level.
Anyway this was a good opportunity for those who did profit taking and then bought again at a lower price. Hopefully 2026 will be a very good year for #HIVE investors.
THANK YOU!
