Hive confirmed its bullish momentum, as we can see that the price is still strong at its pump position and has not dropped as quickly as projected. This is a very positive sign for the Hive coin's rising trend.

In this post, I provide an analysis of HIVE/USDT based on a 1D and 1M time frame, as well as discuss the hive's potential moves.

Within a few weeks or possibly one month, there will be a significant price movement in this coin, which is why I felt it necessary to share this analysis with you all so that you can plan your profits accordingly.

This is solely my analysis, not financial advice. I studied the hive chart, and it took me about an hour to make the design and all the drawings. I've made some progress on this analysis. This may come true, but it is also possible that it will not. Anyway, we always wish the best for this coin.

According to a one-day time period, the hive must overcome three resistance levels. The first one is fairly simple for the hive and can occur within a few days, with the hive reaching the 0.4 level.

As seen in the first figure, there is an expectation that the hive would first go towards the 0.4 level, then retrace to 0.33, which serves as strong support, and finally surge to 0.50.

This is the great resistance of the hive to break; a large volume and a big investment can quickly break it. The first thing we need to remember is that our first aim is 0.5, and then a retracement is possible.

The next objective is 0.64, which is not as strong a resistance and may easily be broken and moved to the third target, $1, as shown in the second image.

Why am I so confident in hive for this price surge?

The key reason is that Bitcoin has become stable at levels ranging from 98K to 99K, and Bitcoin dominance is decreasing, indicating that money flow is now shifting to altcoins, which is a positive indicator.

If the price of Bitcoin remains consistent for more than a month, many altcoins will skyrocket, and those who did not invest will undoubtedly regret it.

This is one of the key reasons why I am convinced that Hive's price will meet all of its targets within one month.

The only thing that worries me is that some nations are at war, and Russia and America are now at opposites, and if a war breaks out between these two countries, it will undoubtedly have an impact on the market, and no prediction will come true.

That is why, anytime you notice any kind of battle, you should be cautious and sell your crypto currencies, which would be a sensible move.

This is because saving your investment from losses will result in a good success for you in the first phase.

For me, these are the three goals that I will undoubtedly achieve within the next one to two months.

Also, if the market reverses from this level, there will be significant support at $0.16, as seen in the third image.

This will provide considerably stronger support, and there is an 80% chances that the coin will reject again.

According to me, Hive has proven a bullish pattern and will undoubtedly rise higher, which will benefit hive users.

I hope all of these predictions come true, and I will attempt to keep you updated on hive prices and will conduct another pricing analysis if an urgent decision is required.

I hope you find this post interesting and I hope you will like it. If you like the post, please leave feedback in the comments section so that the next one will be even better. Thank you for sticking with me until the end.

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IMAGES AND GIF TAKEN FROM CANVA, EDITED IN CANVA
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REMEMBER: We should prepare for the unexpected and hope for the best. Life may not be easy, but you must do your best and leave the rest to God.

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