Hive, Rising in HIVE/BTC Parity, Signals That It Will Return Above $1.
HIVE, which has recovered rapidly after the sharp declines in the crypto markets, signals that it can move higher. HIVE, which offers investors the opportunity to buy below $ 1, may return to above $ 1 in the coming days. While many cryptocurrencies continue to lose value against Bitcoin, HIVE is gaining in value.
HIVE is currently trading at $0.87. HIVE, which fell to $ 0.71 at the weekend, started to recover by moving away from there. There is resistance at $0.9, if HIVE can break this resistance and stay above it, it can quickly move above $1. In the coming days, it can break this resistance and move higher. On the other hand, it has price support at $0.82. If this support is lost, it has great support at $0.71.
HIVE/BTC
While many cryptocurrencies are losing value against Bitcoin, HIVE continues to gain value. This shows that investments in HIVE continue and that it is quite resilient in the face of sharp declines. If Bitcoin starts to rise, HIVE could take flight towards the Moon.
I think HIVE will not stay below 1 dollar very long, it will return to above $1 in the coming days. Everything is going well on the HIVE side and it is growing day by day. HIVE could have moved towards $5 if it weren't for the general sharp drops in the crypto market during frost days. But on the other hand, these decreases offer many investors the opportunity to buy at cheap prices. It's hard to know how long the volatility and decline in the crypto markets will last, but buying HIVE for under $1 could prove very profitable in the future. I believe that HIVE will move much higher in the future. $10? maybe $100?
There may be those who find $10 and $100 exaggerated, but I believe HIVE has the power to do so. It can even do more. Until then, #hodl HIVE can be very profitable for HIVE investors.
Thank you for reading.
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