Looks like it should find support at that 50 cent level from the long term trend line. But this is crypto so anything can happen. IMO 2$ in 8 weeks is a more likely outcome than 30 cents; but everyone has an opinion.
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$2 in 8 weeks - that would be INSANE!
lol yes it would .
One interesting variable to throw in is that HBD is back up to $1.7 (what dip lol); so the HBD stabilizer fund is going to be buying a fk load of Hive at these prices in the dip and taking them off the exchanges (34k USD worth at $1.7 HBD so that's 68k Hive at day at $0.5) . This has inflation running negative on Hive at the moment. Next Hive pump could be sooner and harder than people think; particularly with the associated airdrop fomo when the 3Speak white paper is released.
Yes I'm waiting for the 3Speak thing, I hope that set back hasn't put them too far behind!