Hive Again Surges to More than $2.50 : Hive Getting Unpredictable?

Hive again has shown a significant surge in its price and is up to more than $2.50 for today on coinmarketcap.com as of now I am writing this post.

One day price graph on coinmarketcap.com
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Yesterday when Hive price went down to approximately $2.06 I said Hive will now be going below then $2 and then will get stability for some time.

But today, the situation changed again for Hive and its price spiked like around half a dollar.

On its first spike when it's price went up, the rest of the market was bleeding and now when most of the market is in green, Hive again is showing a rise in its price.

I am still not able to understand the market behavior of Hive price but yeah its good for us anyway.

Somehow the price of Hive I believe is going to get stable when comes down below $2 at some point like $1.40 around.

Note: It's not a financial advise.



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3 comments
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Can HBD pass the price of HIVE??

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It may be possible but looks hard now :)

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Hive Dollars (HBD) is pegged to the USD, so it should not be above $1 USD. But it could be. And even much more. Just like Steem Dollars (SBD) many times so far.

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