True Predictions "Highlights from Previous Posts on HIVE Price"

aliakbar2(76)

Published in

LeoFinance

Words

532

Reading

3 min

Listen to this post

~4 min

As I discussed in my previous posts about the market scenario and the possible market moves in the upcoming months and current time.You can see the detail post in my blogs where you will learn what I predicted and what are the possible scenarios.

About 90% of my prediction comes true. Let me highlight the main points I discussed in the previous posts. I talked about the BTC halving and what will happen in the next three months.

According to the daily and monthly chart I came to the conclusion that the price of Bitcoin will see another major drop during this month. I say that the price of #Bitcoin may fall to $24K and will stay at the next level i.e $24K-$26K till the end of this year.

Which means that market will stay range bound till the end of the December before the real bull starts. Also I discussed about the HIVE price moves and where the hive price could go in the next three months.

I stated the three strong support of the HIVE according to daily chart and unfortunately it broke two support and we see a good re-bounce from the third support and that is $0.25-$0.26.

The current market scenario is bearish and it may remain in this position for the next three months. The #Bitcoin goes with huge dump taking all the crypto coins downward with it.

These were my predictions and all goes in favor of me. The third support of #HIVE is much stronger and there is possibly more stronger and we can see a good bounce back. But if in case the market goes down continuously and hive break down the third support then the price will head towards $0.18.

Reflecting on Accurate Forecasts and HIVE's Future

What after this price? Will there be more down side? According to my knowledge this is the price which will show strong support because of the staked tokens. There is around 25% of the coins that are staked.

Which means that $0.18 is the price level which is given support by the holders. There will be huge rejection from this support line and a good recovery is expected.

I can say that the price $0.18 will be the last dip for hive until hive users unstake their token and a panic selling takes place which is almost to impossible.

This is one positive side of the hive coin that in case of extremely bearish moment the hive price will hold for further drop. Unlike other altcoins which have no limit for the price drop.

What do you think about the market move, do you think my prediction helps you with taking right decision? Do you think the hive will recover from the last support line? Will be glad to see your answers in the comment below.

I hope you find this post useful and informative. If you do, please remember to reblog it so that it reaches as many people as possible and that they can benefit the most from it. Also, remember to upvote, which will help me financially and grow my account.