BEE broke down, did you put your bid in?
As we were reviewing the markets today, we noticed that one of our recent predictions came true today. This is a post to gloat about it. 6 days ago. :)
The BEE market price has marked drastically lower, although where it might trend from here is anyone's guess. There are more and more uses for BEE including DSwap, H-E-NFT, Nitrous and SCOT.
BEE/HIVE 3 month
Of course there are also WORKERBEE miners. These get payouts every day and may hold, use or SELL to the people who want to do those uses with the BEEs.
The new resistance has formed around 0.65 hive, although the sells have not yet come down to meet. Generally in these situations it can be quite profitable to 'play the spread' and buy and sell at the same time.
We will continue to keep an eye on the market conditions!
In other happy news, XLM is seeming some love from a generally very boring and sideways market with BTC slipping higher.
XLM/BTC 1 week
There hasn't been very much action, just set your buys and sells and wait for the action. It's coming. Hurry up and wait.
This isn't advice, just history.
Freedom and Friendship!
Posted Using LeoFinance Beta
Thank you @ecoinstats, for using the CO2 Compensation Coin (COCO) to reduce your CO2 footprint.
I was just looking at the BEE market thinking to create a secondary layer token for a project. And now I see the price got bumped, probably should have pulled the trigger sooner rather than later. I am still planning for the project, so it will take a little bit more, but could have done the reservation for it from now.
Posted Using LeoFinance Beta