After the Bitcoin drop to $94,000, Altcoins also moved down, even more than 25 to 30%. The top losers right now, according to Binance, are:
Move, a new coin, dropped by 32%
Hive, the favorite coin of every Hive user, dropped by 14%
REZ is standing at third position with a drop of 11.3%
1M Baby Dodge is at 4th position, dropped by 10.49%
ORDI is a coin that dropped by 10.19%
These are the top losers in the 24-hour timeframe, which have dropped significantly in price. Among these losers, we have our beloved coin, Hive, which dropped from $0.46 to $0.29.
What does this indicate? $0.29 is the strongest support for Hive, and there is an expectation that Hive may go upside once again. These price drops are always opportunities for investors to take their positions.
Just like we saw, Hive moved to $0.46, and those who invested at the low prices benefited in a good way. Similarly, right now, Hive is standing at $0.29, which is a good price level to invest your amount. Surely, within one month, the price of Hive may surpass the $0.5 mark and reach the $0.6 level.
I hope you guys will fill your bags with Hive and wait for the opportunity. Don't forget, HODL is the best strategy to survive in this crypto market.
THANK YOU!
