The question is if Hive is currently on an uptrend?
According to the data, since August 3, 2022, Hive has been steadily decreasing and has gone down -46.67%. Concerning the 200-day moving average line, 89.15 is currently 66.8% above it. It is also 58.95% above the 100-day moving average line and __val__% above the 50-day moving average line.
Predictions for the price of Hive in 2023
Let's examine the one-year forecast more closely since it is the most precise of the analysts' forecasts.
Analysts were divided in their predictions for the Hive price over the next year. The highest forecast predicted a one-year price target of $0.37. However, the most pessimistic forecast was $0.28.
The latest average price target for the next year is $0.32, which is the most vital figure.
This means that Hive could drop by -0.14% in value during 2023.
HIVE - Relative Strength Forecast
HIVE - Trend Prediction
HIVE - Price Volatility Prediction
HIVE - Relative Strength
HIVE - Momentum Forecast
Hive's Prospects For 2025-2030
Hive's future looks promising. According to six analysts, Hive is expected to reach $0.32 by March 2025. The five-year forecast projects that the Hive price will be $0.32 by March 2027. The long-term prediction for 2030 is $0.32.