Looking at the recent price drop in HYDRA along with the RSI charts, it seemed that it followed suit with BTC, ETH, XRP, & ADA. However, with the bear market, it was a good time to enter in when the price dropped to around $20. We're looking at the 4-hour chart here and we can see a significant divergence, we'll soon see an impending reversal in price. The market was over-stressed and it seems fear also played a factor in the price loss. It took nearly a day for HYDRA to follow BTC and ETH. With this being mainly a kucoin thing, it seems people pulled out as soon as the other crypto's dumbed and they dumbed it as well. However, as people regain confidence in the market we'll slowly see the price rise and 40 is well within our sites.
I am currently staking HYDRA so I have some to lose if this project fails and have an interest in this currency as I see a huge potential for the POS market in general.
This is not meant as financial advice. Merely for education. Proceed with caution in the market.
I am currently staking HYDRA so I have some to lose if this project fails and have an interest in this currency as I see a huge potential for the POS market in general.
This is not meant as financial advice. Merely for education. Proceed with caution in the market.