Hive price is the lowest price in June and July 2024. It started to fall on June 8. It is not common when the price falls to 0.29, it will recover to 0.32 or 0.36.
From the chart, the price is still red. It means there are more holders who sell Hive. I think they are panic because the price continues to fall.
This week, the price is red. It falls to the lowest price this year. It is $0.18. I have no idea, will the price be back to 0.3 in the coming days? It is difficult I think because most cryptocurrencies show the red marks.
Loss or Profit?
If you are a trader, maybe you will buy Hive in bulk or wait a few more days until the price drops to $0.1
If so, the price of $0.1 is the lowest price you might target. I'm still holding Hive back from selling it right now. In my view, the price of Hive will still experience a decrease even if it does not reach $0.1.
For authors, this is an opportunity to collect Hive. The rewards you receive in Hive will be greater now that Hive is down. Therefore, consistently posting articles is a way to get large amounts of Hive.
There are some authors who are lazy about posting when Hive is down. However, this attitude actually makes us lose because the opportunity to obtain large amounts of Hive will be lost. What do you think of Hive today?