HIVE Remains Strong Despite The Sharp Drops In The Crypto Market In Recent Months

In the crypto market, there were quite sharp drops in May and June. After the sharp drops in May and June, some cryptocurrencies still continue to lose value, while HIVE remains strong by staying above $0.5. Frankly, many investors did not expect HIVE to remain so strong, but HIVE proved to them much stronger.

HIVE is currently trading at $0.53. Hive currently has solid price support at $0.5. In general, the crypto market has been experiencing extreme fluctuations in recent months, so sometimes Hive was able to regain its $0.5 support, even if it lost it. It even fell to $0.31 in June.

It looks like the Hive will continue to maintain and stay above the solid support around $0.5. But in general, there are sharp drops in money markets and stocks, and naturally there are decreases in the crypto market in general. Therefore, this support may be broken for a short time. If this support is broken, it would be an opportunity for me to buy the Hive for less than $0.5.

This price support is hard to break, but breaking it could be an opportunity for many investors to buy Hive at cheap prices. I think Hive can start a rapid uptrend when there is a breakout in the crypto market in the coming months. Frankly, the Hive chart in recent months is giving the signal for this. It's hard to know when the uptrend in the crypto market in general will begin, but I continue to struggle to have more Hive before this uptrend begins.

I believe Hive is stronger than many cryptocurrencies, even more than most of the top 100 cryptocurrencies. So what do you think about Hive?

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