Hive has had a history of occasional sudden spikes in value, mostly assumed to be pumps by investors who want to take advantage of low volume. It's something we often see in "alt-coins" where the value is artificially inflated for a short time for people to sell off a bunch of token.
This might be a PUMP. If we see the value suddenly deflate down to $0.15 or $0.20, and then flat-line, that would confirm that the recent increases in value over the last three months were all artificial pumps.
I always give this disclaimer: I reserve the right to be wrong in my opinions. I am not a financial advisor, I am only giving my opinion. Invest at your own risk.
Yesterday I posted that 0.45 HIVE isn't so bad, but that it's following one of two trend lines, one placing the value of HIVE around $0.45, the other showing it around $0.65.
Currently, HIVE is up to $0.74. It is my opinion that the $0.45 - $0.85 is going to be the range from here on in. Closer and closer to the dream of $1.00 HIVE.
I tend to think that this is a correction and the value of HIVE will wobble it's way up to $1.00 by late this summer, if not sooner. It will take a while before HIVE is steady above a dollar, but I think it's coming.
Wen? Soon. HODL.
