We have a clearly bullish market these days. It is clear that the bear is over and the bull run is in full swing. We cannot lose sight of the price of our beloved Hive and how it has clearly been left behind.
It is not unusual since altcoins usually develop their path later than the king Bitcoin. But that doesn't stop us from being impatient and perhaps someone has run out to sell Hive and buy Bitcoin before it runs out.
Whether it's a mistake or not, I don't know, I'm just a mere observer of reality because if I could see the future I wouldn't be here writing anymore.
But what I can see are the charts that Hive is developing and as you can see below the last month has been a clearly bullish development.
Screenshot of the Coingecko website
However, if we expand the graph a little more to one year we can see a practically lateral figure that is close to the highs of May of last year.
That's why this is a key moment for Hive. My theory, however only mine, is that if we manage to break above $0.55 the development will reach between $1.20 and $1.5.
I think that the momentum that the market has right now will make this possible. From there we will see if the progression continues and we can see a new all-time high above $3.41.
If that happened then the next stop would be $5 and I would be extremely happy.
Screenshot of the Coingecko website
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