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I found a bullish signal for Hive! by cryptothesis

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· @cryptothesis ·
$9.68
I found a bullish signal for Hive!
Yes, I found a bullish signal for Hive.

Just came across this [post](https://ecency.com/hive-133987/@dalz/ecency-or-data-on-posts-comments-users-or-nov-2023) by dalz which reveals some statistics of Ecency. It is worth a read and I recommend checking it out.

Within it, I found an interesting chart that I deem as a bullish signal for Hive. It is the number of unique users of Ecency plotted over time.
![](https://images.ecency.com/p/k75bsZMwYNu2L3iBMXq5y7xeiy1isFJsZxnMZSXuXEsxe4ee1cUkGyPMswMkwwQnBVRRDitwybfNuU4pYDatkmYBZw5Q3G1a4tXZTCWq5miFNwE1zX1qGyWoYohEa2PSLus5Xn5v1hhRTAWyoTe7pM4nnRYSwFZNv.png?format=match&mode=fit)

This is a steady growth! 

If the data is worth its salt, it means more and more are using Ecency. This adoption augers well for Hive in my opinion. There should be more demand for Hive in the future should this trend continues. And Hive price will likely benefit!

Of course, this is not financial advice and everyone should be doing their own due diligence before investing.

For me, I like what I saw!
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vote details (48)
@alohaed ·
$0.10
There is some taper but it's continuous growth.  I tend to use Ecency on mobile devices or I want to catch up with a lot of notifications. 
👍  
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vote details (1)
@biyimi ·
$0.11
I am more optimistic for hive 
👍  
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vote details (1)
@djbravo ·
Absolutely the market is looking bullish to us right now and that is the result of the patience of all the people who were patient and didn't seal their acids, they will be in a very good hypocrite in the near future.  And within such a market one should have stayed on the DCA cart when it went down
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@ecency ·
**Yay!** 🤗<br>Your content has been **boosted with Ecency Points**, by @toofasteddie. <br>Use Ecency daily to boost your growth on platform! <br><br><b>Support Ecency</b><br>[Vote for new Proposal](https://hivesigner.com/sign/update-proposal-votes?proposal_ids=%5B283%5D&approve=true)<br>[Delegate HP and earn more](https://ecency.com/hive-125125/@ecency/daily-100-curation-rewards)
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@india-leo ·
Indiaunited Curation 1699499490214
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@itwithsm ·
$0.12
we stopped at 0.39 and pushed back to 0.36. let's see where we go from here. 
👍  
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vote details (1)
@cryptothesis ·
$0.18
Someday it will retest 0.39. :)
👍  ,
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@itwithsm ·
$0.14
No doubt about that
👍  
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vote details (1)
@jasperdick ·
$0.11
Bitcoin and HIVE have grown nicely this month - is it the beginning of the switch into a bull market with a steady climb?  Bitcoin's halving is predicted for April and I assume people will buy in anticipation of that, so the price should start to climb early with the added demand?... 

I'm no expert but I think Hive price does follow Bitcoin, along with its own more volatile quirks from being much smaller.
👍  
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@jfang003 ·
$0.10
Is it unique users per day? If it is, then it's looking pretty good.
👍  
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@cryptothesis ·
$0.17
I think it is.
👍  ,
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vote details (2)
@kawsar8035 ·
Hope the price of Hive will increase much more.
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@lovinggirl ·
$0.12
0.40 cent is incoming.
👍  
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vote details (1)
@melinda010100 ·

 ![Wave Media](https://images.ecency.com/DQmNW91mn2yHdbPG3nb2Bpt5YBYQJgHumNnnM2tm1jEUvMd/img_0.878430135936093.jpg)
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@rkploy786 ·
$0.10
Wow that is a wonderful chart, A increased number of users is always good for the project. No doubt in that!
👍  
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@tahirmuneer ·
https://twitter.com/jewellery_all/status/1722675178306699604
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