After positive signals in the past couple weeks, and turning technically bullish on all timeframes, HIVE has just broken out to a brand new all-time high of $1.58 USD!
Congratulations to those of us who stuck it out back at 20 cents (and lower). We did it!
Bonus points for all those of us who held down from $8, back in early 2018 (before the chain split). Being down 99% - for years - was not enjoyable. Many did not survive it. But we did, and we're coming out of it looking pretty damn good.
Now, we may be merely at the beginning of our comeback.
For one thing, we still could do a x3 and not even be at the previous chain high of $8.2 USD. And why stop at the old high? We're 10 times the chain we were then.
Also, we're #188 on the crypto market cap list. We were once in the TOP TEN, and could be again. For that to happen, the price would have to go substantially higher.
And let's not forget, the next 6 weeks could be incredibly hot for the crypto world at large. We're riding on the horns of the bull.
Not to mention several hot projects, games, and developments right here on Hive. It's time for the undervalued utility tokens to really shine. HIVE is a coin that has the potential to see disproportional gains in the next weeks, months, and years (much like silver in the precious metals sector).
So have a look at your newly inflated wallet value, and consider adding at LEAST one zero on the end. How would that feel? It's now well within the realm of possibility. Some would say probability.
Congratulations. And thank you. No matter what happens from here, we've won. We have nothing left to prove, and nowhere to go but up. Seriously, we did it.
EDIT: 16 hours later, and we have been stabilizing in this new price range.
A break toward $2 is looking quite likely.
DRutter