HIVE and STEEM Price Remains Equal

Direct from the desk of Dane Williams.

Interestingly enough, HIVE and STEEM are now back to the exact same market price.

I say interestingly because I mean, have any of your bothered to look at what's going on over there? "The diary game" and "The shopping list game"?

Essentially state sponsored spam posts begging for a single upvote from Lord Sun. Just pumping out pure shit and and being rewarded for it with valuable garbage.

Yikes.

This is why it's so important that HIVE has teams like LeoFinance actually actually allow real businesses to be built on top of HIVE. Not bleeding HIVE itself as the only form of income, but using the HIVE infrastructure to succeed in their own right.

Just wait until the new LeoFinance interface can host subscription services. I certainly know which of the equally priced chains I'd rather have my money in.

HIVE Price Action

Now onto the HIVE price action and how about it, huh! Last weekend, we spoke about HIVE printing a higher low and setting up for a pump.

Let's go back and take a look at the chart and what I said last weekend, in the quotes below.

HIVE/USD Daily:

What I wanted to highlight here, is the fact that HIVE is stepping up and encouragingly for us bulls who continue to toil away on the platform, printed a higher low. If this key daily zone can in fact hold, we could have a really exciting week on our hands.

There had been a bit of excitement about the little HIVE pump throughout the week, but as you can see on the updated chart below, it had zero substance behind it.

HIVE/USD Daily:

Those daily spikes are pretty meh and we're now back below the last higher low that we were optimistic about. Disappointing, but HIVE price action is what it is for now.

I'll let you take what you want from the fact HIVE and STEEM are valued equally by the market.

Best of probabilities to you,

Dane.

Posted Using LeoFinance

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