Decisive moment ahead
As we can see on the chart the price for Hive is trapped within a triangle formation. This formation is tightening and therefore the price is approaching the moment, where Hive has to decide if we dissolve to the upside or the downside. And of course everything is embedded in the market sentiment as a whole but will decide about the midterm development.
My guess
If you are asking me, well we most probably see a slight price correction down towards ~35 Cent before we try to make it back sustainably above 50 Cent. Then the next target is the psychological mark of $1.
