I never thought that the price of Hive would fall so much even below 0.1 cent. This is really shocking and a sad moment for Hive investors. But this is not only happening with Hive. All other crypto coins are also struggling.
There is some news keeping the market down such as China announcing that crypto mining will be allowed only in some areas and Japan raising its interest rate. Japan is a strong economy so this will surely have a big impact on the market.
Right now, the current price of Hive is 0.0941 and it is testing new support levels. On the 1 hour chart you can see five red candles that have pushed the price down to 0.0941.
We are a group of three to four people who always talk about the crypto market. We discuss different coins to invest in, trading ideas and investment opportunities.
Every Sunday we keep discussing crypto coins. One of my uncles who is very experienced and has great thoughts about the crypto market used to jokingly say that he would buy Hive at 0.01 cent. His words were just for fun but now when I see the price I am surprised and wonder if Hive could really reach 0.01 cent.
This is the crypto market, anything is possible and you must be prepared for everything. People talk about Hive reaching 1 cent but in reality it might not. I think 0.07 to 0.05 will be a strong support level and the price may not go lower than this.
Also the number of staked coins will help keep the price from falling too much. Many users have staked their Hive and this will surely help stop the price from going down further.
I am not a person who loses hope. Instead I have plans for every market situation. As I mentioned in some of my previous posts whether the market is bullish or bearish I have a proper plan and I stick to it to help grow my wealth.
My plan is simple. If the market goes down I will keep converting HBD to HIVE and invest more when the price reaches 0.07. This will be my accumulation phase. Similarly if the price of HIVE goes up I will sell at every peak and buy again when HIVE comes down. This rotation will help increase the quantity of my coins.
Right now because the market is bearish and the price is going down I am in the accumulation phase. I keep converting HBD to HIVE and watching the price closely. If the price hits 0.07 I will immediately buy a large amount to reach my staking target.
I have a clear goal to reach 20,000 HIVE Power in just a few months and if the price of HIVE reaches 0.07 I will surely reach this target quickly. If possible in the start of 2026.
I have other plans for accumulating different HIVE tokens. There are some good investment opportunities in the ecosystem that will help me diversify my portfolio. Some HIVE Engine tokens I am interested in are #Colony, #LEO and #Helios. These are my favorite projects in the hive ecosystem and I am accumulating these tokens as much as I can.
It does not matter how much I am investing daily but the which matters alot is that I must be consistent. Right now I have around 24K Colony and my next goal is to reach 100K.
Lets pray for Hive and for the crypto market to stabilize so we can see a good recovery. Lets also hope that everything gets better and that we reach all our targets by the start of next year. I believe 2026 will be a blessed year for every crypto investor.
I hope you guys will like this post and is interesting as well. If you find it informative then dont forget to give me a support. Share you reviews in the comment section below. Those who will interact will get my 100% upvotes. My staking is increasing. Thank you all for your time reading the content.
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REMEMBER: We should prepare for the unexpected and hope for the best. Life may not be easy, but you must do your best and leave the rest to God.
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