Is Hive at 10 cents a great bargain?
Now that Q4 hasn't delivered and we haven't seen any sort of bull euphoria, it's time to ask how markets could develop in the coming years (yes, unfortunately it seems we are eternal hodlers). Hive being at 10 cents looks like an historic floor for Hive, so is now a good time to buy? Honestly, I am out of any "dry powder" so the only option I got is to not sell. But the idea is the same: hold/buy now and potentially get rewarded in the years to come (if we don't miss to sell the top).
The chart clearly says: buy me!
Every time so far when Hive crashed at the end of its fractal, there was a great buying opportunity for Hive. We also have a horizontal support at around 10 cents from the 2020 and 2021 era.
After the crash there has been a 2-3 months accumulation phase which if starting now would last until around February of 2026. Next, a strong impulse wave with much volume bringing us to the major red resistance line at around 30 cents. If explosive, this all could happen in only 4-6 weeks before "the dump" comes. We can speculate about this when the time comes. For now, accumulation then explosive growth (around a 3x).
The alternative is that Hive and the whole market goes into a prolonged bear, but this scenario is too depressing for the moment to go into :)
This could be one of the better scenarios - it will be invalidated should price significantly break 10 cents. So yeah, I am betting on a strong (but perhaps short lived) revival.
As a general reminder: Please keep in mind that none of this is official investment advice! Crypto trading entails a great deal of risk; never spend money that you can't afford to lose!
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