After the sharp declines in the crypto markets for about 100 days, many cryptocurrencies started to recover. HIVE was one of the fastest recoverers, with a nearly 70% increase in 2 weeks. In addition, the HIVE ecosystem is growing rapidly, which indicates that HIVE can move higher. 2022 could be the year of HIVE.
HIVE is currently trading at $1.21. HIVE, which fell to $ 0.71 on January 22, is recovering rapidly and quickly regaining what it lost. It has achieved a great success, increasing by approximately 70% since January 22 and was among the fastest recoverers. This increase shows that investors have full confidence in HIVE. So HIVE may move higher in the coming days.
There was a significant resistance at $ 1.2 HIVE managed to break it. If HIVE can form support prices above $1.2, it could move towards $1.32. There is an important resistance at $1.32 and it will test it in the coming days. If it can break the resistance at $1.32, it can move quickly towards $1.5.
Recently, there has been a significant increase in the number of projects opting for the HIVE blockchain. In the coming days, great apps, each of which are big projects, will be launched on the Hive Blockchain. This means that the HIVE community will grow even more and investments will increase.
And I think more projects will prefer HIVE Blockchain this year and in the years to come. Because on the Hive Blockchain, transactions are incredibly fast, there are no transaction fees, and it has a very solid infrastructure. I think it is the smartest to opt for the HIVE blockchain which is the best. Also WEB 3 is coming and HIVE is the king of WEB 3. That's why the HIVE ecosystem will continue to grow rapidly in the future and there will be more participation. So keep track of HIVE in 2022 but remember 2022 is just the beginning.
In short, HIVE can make a huge leap forward this year. Both the HIVE ecosystem can grow much more and HIVE can reach higher heights. Your HIVE could exceed $2 soon. But next summer it can go over $5, maybe even more. These days, I think continuing to #HODL HIVE and #Buying more will be a very profitable investment for me going forward.
Thank you for reading.
@rtonline
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