HIVE Returns to Opportunity Prices for Investors

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Due to the general decline in the crypto markets, many cryptocurrencies have lost value significantly. After these declines, HIVE offers investors the opportunity to buy at low prices. Considering that HIVE rose to $3.41 at the end of November, current prices seem to be quite cheap.

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HIVE dropped as low as $0.71 yesterday and quickly moved away from there, returning back above $0.8. It is currently trading at $0.83. HIVE has great support at $0.70, so investing in HIVE between $0.7 and $0.8 could be quite profitable for the future.

HIVE could take flight once the crypto markets rebound and start to rise again. It's hard to know right now when the uptrend will start again because the selling pressure is still too much so every drop will be an opportunity to buy HIVE at a low price. When the selling pressure subsides and the uptrend begins, it will be time to collect profits for those who invest at low prices.

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When we examine the HIVE / Bitcoin (BTC) parity, HIVE has been gaining value against BTC since yesterday. Many investors think that Bitcoin could drop as low as $30,000. If Bitcoin regresses to $ 30,000, according to the available data, HIVE can fall to $ 0.69. These data show that it is difficult to break the great support that HIVE has around $0.70.

It seems to me that buying HIVE for $0.69 to $0.8 is considered a good investment option. I want to have more HIVE before summer 2022. That's why I will try to turn the market declines into opportunities and try to have more HIVE. After the summer of 2022, I think WEB 3 will be understood more and WEB 3 will become very popular from the crypto market. So I think HIVE can move much higher.

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3 comments
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Long-term holders are not swayed. For those looking to add, might be a good time.

Either way, I believe $HIVE has a multi-double dollar future ahead of it. This is just a moment in time, something we will look back upon on a chart. Nothing more.

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(Edited)

Yes, Hive's price does not affect the long-term investor, but these decreases create an opportunity to own more.

As WEB 3 becomes more widespread, its price will reach higher levels.

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