Short/Mid/Long Term HIVE USD Predictions
Source: CoinMarketCap (03/25/2023)
The above graph shows the current 24 hour trend of the HIVE Token. As you can see the HIVE TOKEN fluctuated just one cent within the past 24 hour period. If we expand that graph to show the weekly trend we will also see that the HIVE Token has been floating around $0.40 USD for the past six of seven days. The one day that was the out-liner was 03/20/2023 where the HIVE Token seen a spike that reached a high of $0.54 USD. I think it to be no coincidence that the HIVE Blockchain's birthday was also on that same date (03/20/2023). So what can we expect to happen next?
Future HIVE Token Price
- Short Term
Personally I think we are in for a dip. I'm slightly regretting trading my HBD for HIVE but in that same breath I banked some HIVE profits doing so and its always a good idea to hedge your bets.
- Mid Term
I think this is a little trickier to predict. I don't think the over-all investment/ cryptocurrency community has recovered from the FTX fiasco and the dent it put in our wallets. Time is needed to recover. Time is needed so the general public forget about such things. How much time: I don't know but I don't think we are there yet. With this in mind I think much more of the same will take place with dips and spikes in the HIVE Tokens and other currencies USD value until an eventual bull run.
- Long Term
Nothing but success, not only in the Tokens USD value but in the blockchain as a whole. Its only a matter of time before we have another gaming success such as Splinterlands. Its only a matter of time before the same success travels to non-gaming apps. WEB3 hasn't been discovered by the masses but once that happens (its inevitable) the existing WEB3 apps and blockchains like HIVE will be in a great position to reap the benefits of such circumstances.
What To Do....
In the mean time I'll be watching the trade value between the HIVE Token and secondary tokens such as LEO (LeoFinance). The HIVE trade value between other Hive Blockchain assets are also on my radar. Such as Splinterlands Chaos Legion Packs, SPS, PSYBERX Crates & Tokens and much more. Example: Chaos Legion Packs are currently trading for just $2.22 USD or 5.53* HIVE TOKENS. If one thinks the HIVE Tokens USD value will continue to dip it might be a wise move to buy up some of these under-priced Chaos Legion packs. If the HIVE Tokens USD value dips at the same time as Chaos Legion Packs USD value spikes, lots of HIVE profits could be made. However that is just one scenario of many. Always do your own research before investing any of your hard earned currencies and never invest what you can't afford to lose. Nothing said on the @rentmoney blog should be considered financial advice. This post/ blog is for entertainment purposes only.
Hive Token Seven Day Chart
Source: CointMarketCap
Posted Using LeoFinance Beta
I agree with you but I think we can see another jump in hive within a month.
That is possible.
I certainly will welcome such a move.
Posted Using LeoFinance Beta
Although Hive has disappointed me a bit in the last month, I am still strongly bullish this year. BTC has done what I expected but Hive has not followed it for now.
Interesting, I have the opposite point of view. (when considering market conditions) The HIVE USD value has exceeded my expectations which is one of the reasons for my short term prediction.
Posted Using LeoFinance Beta
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Posted Using LeoFinance Beta
I might sell some HBD for Hive. I got spare $30 HBD so can put it to good use !
Cheers,
!BEER
!PIZZA
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Prediction...
Nice.. :P
Posted Using LeoFinance Beta
The way people are looking at the market is that Bitcoin is trying very hard not to fall below $27,000. And if this one stays at or goes up a little bit and its dominance decreases, we'll see all the others, Alt coins going up. The way we see it, hive is on Thirty-Eight Cents looks to be in a much better position. This is where the strong stands, so we may see a pump inside it in the coming days.
A very possible outcome.
Posted Using LeoFinance Beta
!PGM
!PIZZA
BUY AND STAKE THE PGM TO SEND A LOT OF TOKENS!
The tokens that the command sends are: 0.1 PGM-0.1 LVL-0.1 THGAMING-0.05 DEC-15 SBT-1 STARBITS-[0.00000001 BTC (SWAP.BTC) only if you have 2500 PGM in stake or more ]
5000 PGM IN STAKE = 2x rewards!
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Thanks for the tip tokens.
!PGM
!PIZZA
Posted Using LeoFinance Beta
BUY AND STAKE THE PGM TO SEND A LOT OF TOKENS!
The tokens that the command sends are: 0.1 PGM-0.1 LVL-0.1 THGAMING-0.05 DEC-15 SBT-1 STARBITS-[0.00000001 BTC (SWAP.BTC) only if you have 2500 PGM in stake or more ]
5000 PGM IN STAKE = 2x rewards!
Discord
Support the curation account @ pgm-curator with a delegation 10 HP - 50 HP - 100 HP - 500 HP - 1000 HP
Get potential votes from @ pgm-curator by paying in PGM, here is a guide
I'm a bot, if you want a hand ask @ zottone444
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I’ve quit putting USD in and I have no need of the money right now. So I’m hoping I can hold for the long term and earn a little along the way.
!PIZZA
!CTP
Fiat: A year+ back I decided to do similar.
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!PIZZA
Posted Using LeoFinance Beta
Chaos legion packs are good hold either way in my opinion. I'm still fully banked on Splinterlands, can't find the strenght in myself to sell my precious cards, not at those prices anyways.