Is This the Perfect Time to Accumulate HIVE? A Deep Technical Outlook

Hello everyone,
How are you all? I hope everyone is fine and doing great in their life.

The current market situation is struggling to hold it's current level and during this time I think the best we can do it to hold or increase some of our favorite token holdings. In this particular blog let us understand if this is the best time to accumulate some more hive for ourselves.

I have shared hive token technical analysis in the past various times and you can also check those blogs. Let us have a look at hive chart for 1D timeframe.

I am still counting on this chart prepared by me for the long run and seeing this we are going to predict hive price for future in long run which will at least reach 68-69 cents so that is 200-250% gain which is what you can expect from here. If things are good and we break the 68-69 cents resistance we will go higher.

I have already predicted the best case scenario for hive in the past but this is the crypto market and we can expect the unexpected always. Still for being on the safer side I think one should start selling hive slowly if the 69 cents resistance is broken and then in future during the bear cycle we can buy back our hive again.

Last year for approximately 100 days hive was trading below the current levels and the lowest it went was 15 cents. Before that we were last trading below 20 cents in 2021 which is 4 years ago so this means that hive went below this zone very less often in last 4 years.

Now the chart you see above is a 4h time frame chart with last one year of data since july 2024. The area between these two green lines is the area where hive was trading last year when the entire crypto market was suffering in the same manner. In November 2024 just like all the other alt coins hive also came out of this zone.

We saw it pumping by more than 300% when it last rejected from this zone and maybe a massive pump worth 200-300% will be seen again if we hit back to the upside again. For now I think it is one of the best time to buy hive token and you can eventually perform DCA on it between those two lines if in case hive enters it.

Personally I don't think that will happen but we have to wait for the FED meeting results which will be out today in no time and also we have to stay updated about what President Trump will do to stop the war between Iran and Israel as if that continues the market will crash further.

You can share your thoughts in the comments with me and I will happily read and converse with everyone. Let's hope for the best and wait for the alt season to arrive in coming months.

Thank You