Image Source: cryptologos.cc
Hey good morning friends,
I was looking at the price chart of Hive and boom it was to the sky today. Wow! I loved this sudden bull rally. The price touched a 1.18 USDT point and is currently trading at 1.04 USDT. Here is the chart for you taken from Binance mobile app.
Chart Source: Binance mobile app
I made a support and trend line for you for further clarity that from which point it took a support and started moving up. It made good up trend line. MACD is positioned in a good point and RSI also broke its resistance point.
There are certain predictions about Hive price in the future and those are $3, $5 and so on. However, I would like to share my prediction, a rather short term target, and that is I think will be $2 till the end of December, 2021 not to be too optimistic and enthusiastic about it.
Whatever the price point be, lets enjoy the gains and keep having the passive income of Hive through delegation, curation and author rewards and just forget about the price prediction because, after all, we will be in a win win situation at the end keeping in mind the tons of passive income generated by the Hive. Thanks!
Legal Disclaimer: I am not a financial advisor and never give advise to take any trade. The purpose of the analysis is for information only and you have to do your own working before taking any trade. I will not be responsible under any circumstances for any kind of loss.
Best of luck!
