Hive is a decentralized information sharing network with an accompanying blockchain-based financial ledger built on the Delegated Proof of Stake (DPoS) protocol. Hive supports many different types of information sharing applications. Myriad dapps, APIs and front-ends contribute to a general and straightforward accessibility of data, transactions and records, so that this existing diversity and utility ensure that the ecosystem is welcoming to content creators, consumers, investors and builders.
So basicly, Hive is a token that everyone want to hold in their bags. Lets check the current situation of the token!
Scenario 1: So currently in 1H Chart; we see bullish flag continuation pattern. If we break the trend with volume until tomorrow morning; it might carry us all the way to the 0.6$ Area.
Scenario 2: If we dont see any volume increase; it is better to wait for retest of the 0.385 area. I believe that it will be good opportunity to fill the bags!