that is a very ambiguous question; what is "this"? :D

The general idea of this post is that Hive is now undergoing a macro (weekly/monthly chart) trend reversal (on average price will move up rather than down). HIVE/BTC chart as well as HIVE/USD chart are both indicating this. The 50-60 cent range could come in a day with one big pump (like we used to see in the past), or a continuation of the gradual "climbing the ladder" movement which could then still a couple of weeks. If this trend holds, I would expect Hive to be near $1 in the next 3 months (bullish scenario), or sometime in 2024.