Don't take this too seriously. I was trying to be a bit funny :o

I covered the support you have drawn in fall of last year: @tobetada/crypto-analysis-or-hive-support-epiphany

It was quite a bit of an epiphany. It should hold... but I think I might have entered the depression phase of the cycle. 2 years+ and we are still clinging onto 30 cents; I don't want to look at the chart anymore or get my hopes up for a fake pump and dump with $100M volume in an obviously rigged whale game.

We have so much going for this chain, it is miles ahead of just about any of our competitors and yet we don't get any value appreciation in terms of price. What hope do we have when Steem still has almost the same MC?

Oh well, I guess I just like to rant a bit.

The trend line in the chart is not the one you drew shifted lower, we can draw it by taking the lowest weekly closes (is that a word?) from the early days (see ellipse):

Oh and by the way, the 2 year+ trend line is failing. Price is now trading under it - 5 more days to close above it.

The reason why the path I drew makes "sense" is that we'd get a really nice close with the cycle in the end of 2025 with roughly the same gains as in 2021 and could even make a new ATH... doesn't sound to bad honestly

Hive 15 cents, I feel it in my bones (would still be up around 60% from the last lows, but we would be completely out of sync of the 1 year bear cycle, or is that just how Hive moves? 3 years down, 1 year up)