Hive Token: Look At It Go!

in #hive4 days ago (edited)

24 Hour Graph

Date: 12/29/3024
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Isn't that a pretty sight. Nothing but green mountains. Within the past 24 hours the Hive Token hit highs of over $0.48 USD with some corrections and repositioning along the way. We could be at a pivotal point where the token might further breakout in the upwards direction. But we are also at the point in-which correction might take place. It's times like this that I like to create these small but meaningful posts to remind those who frequent the @rentmoney blog to hedge those bets and never invest/ trade away what you are not willing or can afford to lose.




7 Day Chart

Date Range: 12/22/2024 to 12/29/2024
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Looking at the seven day chart for the Hive Token we can see ranges near $0.30 USD leading to today's high of $0.48+ USD. What we can also see is that $0.35 USD seems to be a critical price point. Earlier in the week there was a slight dip below $0.30 but that quickly recovered to $0.30 and beyond. Multiple times throughout the week the Hive Tokens USD value was at or above $0.35. Personally I believe if a short term correction was to happen $0.35 would need to be cracked before I would be worried that a rebound isn't going to take place almost instantly. Making the purchase of the HIVE Token (if it were to dip) below $0.35 a nice thought to consider. With that same train of thought; If Hive were to dip below $0.30, it might be time to fill some bags and wait for the upside to reoccur. This isn't to say the Hive Token won't keep climbing from this point onwards; it absolutely might but one always has to think of the downside if we want to take part in the upside.




One Month Graph

Date Range: 11/29/2024

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The Hive Token has seen an upward trend of more than 45% over the past 30 days. If we look at the monthly graph we can see the crucial point seems to be somewhere around $0.30 with most days the token being well above that sales point. With Bitcoin seeming to dip a little from its all time high and the Hive Token hitting the upward trend one does wonder if we are in for a correction. Somewhere around $0.35 as indicated in the seven day graph seems to be a nice resistance point where the Hive Token seems to rise from. If that breaks the next testing grounds as shown by the 30 day graph might be somewhere around $0.30 USD. Of course I'm just some guy on the internet, blogging about a token and am no way a financial adviser. There's lots that can happen between now and the next five minutes let alone the next days/weeks/years so always do your own research before investing any of your hard earned currencies. That's it for now: see you next time, same rent blog; same rent channel.

Hive's Internal Market

------> Recent Trade History

Hive:HBD Trades Only
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Disclaimer:

The @rentmoney blog is for entertainment only. All screenshots unless otherwise sourced has come from CoinMarketCap. The Fiat values in this post have also been sourced from CoinMarketCap.

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It's awesome to see positive price action for HIVE after watching it stagnate through BTC crushing 100K ATH

I agree, it was long overdue.

Wait let me check my wallet. Do I own any of those hot tokens rentmoney is going on about?

So that is where all the Hive Tokens are hiding.

You been hoarding them all :)

Hive is soaring at the end of 2024. I feel that 2025 will be very good for us!

!BBH

You just might be onto something :)

!PIZZA

Hive price has finally gone up. Usually when the crypto market is close to falling, Hive price goes up. If the market doesn’t fall, it won’t be long before Hive reaches $1.

$1 Hive, we are going there one way or another.

The question is not if but when.

It was long waited by us.

It's nice to see HIVE getting some action.

To the Moon?

@tipu curate

And Beyond.....

Thanks for the curation, much appreciated.

@rentmoney! @tsnaks likes your content! so I just sent 1 BBH to your account on behalf of @tsnaks. (8/20)

(html comment removed: )

PIZZA!

$PIZZA slices delivered:
@rentmoney(1/10) tipped @tsnaks