Hive is one of under valued crypto during mini bullish season at the end of 2023.. It went up only 70% from the bottom. It is still in accumulation level. Hive is one of the best Web3 crypto and will reach its real value in a day..
When I look Hive price chart, It see very bullish crypto!
Here you can see monthly chart of Hive in Logarithmic chart. 3 USD was all time high level for Hive after 1 USD. When we draw a line from two top for 3rd top, We can reach 50 USD level..
50 USD is possible for Hive?
In technically It is possible. After ETF update on crypto market, we may see very very bullish season taht we have never seen... When we look at Hive price chart, there is huge bowl pattern. We are on the bottom now. Hive price should not break up 0.40 USD not to enter bullish trend. It is still in accumulation zone and It is great time to pick up!
The height of bowl pattern is the target of price. When we put this height on Hive price chart, we can reach 50 USD! This level is where we found by drawing line from the tops!
As I said, it is possible in technically. Here you can see monthly chart of Hive and MACD Indicator. Big reversing from the bottom is coming soon!
It means, mega bullish trend may take long time! If Hive price reachs 50 USD, Marketcap will be more than 25B USD! It is possible for Web3?
Hive need only a story for hype! Technical analysis shows our target and road! We should create the story!