Its weekend and the price for hive is gone up by 8% in the weekend. The current price is almost 40 cents and the next possible price for #hive could be 50 cents.
There is strong support for hive at 35 cents and resistance at 40 cents so it's important for hive to cross this barrier. If we see this price going up, we can expect it moving ahead and reach around 45 cents and crossing that can lead to 50 cents. But we will require such a big volume to hit it else it will not stay because it's a big spot for hive. There can also be a instance that the price can hold around 49 cents not exactly 50 cents so we need more volume to cross this barrier.
I have purchased hive some hive at lower price. It was less than 30 cents when I bought. I invested some amount on Bitcoin in 2022 and ita grown. Bitcoin is good but I feel that that growth potential is not much. I am trying to say that multiplication potential is low. We can expect bitcoin to go 5x in a year or so. This is why I am trying to put my money on some alt coins.
Some alt coins can be a good deal and give is the one. Hive is a growing project and this blockchain network is getting more projects. I don't know what price we are going to hit this bullrun cycle. It can be 1 us dollar or may be more so 4-5 x is possible on hive from the price I invested. I've placed some buy orders on exchange so if it drops, it can get filled. #feelinghopeful