2$ might be the new price floor for HIVE

The hive market has shown that it is fast becoming an independent crypto market that have a promising future , all thanks to so many wonderful projects which surrounds the hive blockchain..

Despite bitcoin bringing down the prices of most crypros down during the bearish trend which occured recently , the HIVE was able to still maintain a stable price and it was still able to hold the new price floor of $1 and the despite the bearish market it was able to still stay above the $1 price support and it is currently trading at $1.6 price area..

The price action and the indicators are showing that the market is currently around the oversold zone , so we should expect to see another continuation of the bullish trend and this time around the HIVE market might find a new price floor at $2 and the market might stay above the $2 price mark even till the next quarter of 2022..

The HIVE market cap was able to recently reach the one billion market cap and that is a great omen , the HIVE still has alot of great things to offer , I won't be surprised if we see a HIVE price of 10$ within the the next six months , there are alot of awesome projects going on in the hive ecosystem and there is an improved investor's confidence , more and people will begin to see why Hive is a great crypto with a promising future...

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