Hello there @syedumair,
It could definitely be the case that we would see an upwards breakout but as mentionned by @bala41288, I am quite worried of the opposite, some people made a great deal of money with this HF and I see them powering down. For most of the others, they still remember HIVE at 0.09$ and therefore I believe would be reluctant to buy at 0.3$+.
That's my opinion and of course if we have a Bitcoin Bull run, I hope Hive will participate in it :)
What are your thoughts @bala41288?
Sincerely,
I completely agree with you. For people who saw the price near 10 cents, it can be very difficult to invest at this price. Maybe others are also waiting for the same to purchase. I guess our only hope is new investors. 😀
I think at that time we only had one major exchange there wasn't much volume either. A single whale brought the price down from 20 cents to 9 cents but it will not happen now as there is enough volume of different exchanges.
But yeah, anything can happen in crypto.