What price of Hive Token you expect by 2020
HIVE is not just a crypto currency or a blockchain platform instead its community that's growing fast because of good development.
Hive has already touched 1$ price mark in April month and you never ut can do it again so what price do you expect of Hive by year end.
thank you.
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Unfortunately, answers to this question are going to be highly subjective.
My expectation for the price of HIVE is only that it will be higher than the 23c mark that we're currently sitting at.
From a fundamental analysis point of view, Hive is next level. The network has a real use case in being an immutable access point for web 3.0, has free transactions and best of all, easy to read wallet names. We're seeing dApp developers start to really see the advantages of building on Hive and a new wave is currently being built.
From a technical analysis point of view, HIVE has formed a daily support zone between 20 and 25c, which looks like it could be some sort of price base. We now watch for price to print and hold a higher low on the daily chart. Something that's needed before we can say with certainty that the bulls have taken charge to end 2020.
I expect the price of hive will touch $1 again. I believe with this community. If it will happen, there are many writers join on hive again.