Hive (HIVE) Price Prediction – 2023, 2025, 2030
Hive (HIVE) Overview
| 🪙 Cryptocurrency | Hive |
|---|---|
| 💱 Ticker Symbol | HIVE |
| 🏆 Rank | 314 |
| 💸 Market Cap | $170,903,582 |
| 💲 Price | $0.341296 |
| 🚀 Trading Volume | $40,818,746 |
| 📈 Price Change (24h) | -4.00% |
| 💰 Current Supply | 500,749,243 |
- Bullish Hive (HIVE) price predictions range between $1.54 and $2.90 by 2030.
- Market analysts believe HIVE could reach $1.19 by 2025.
- Bearish Hive market price prediction for 2023 is $0.273037.
Hive (HIVE) Introduction
Do you want to know where the Hive (HIVE) price will go in the future and are you seeking for Hive price predictions? We’ll examine Hive’s (HIVE) historical price movements and see what industry insiders think will happen to its price in the future.
Please bear in mind that this prediction and any other price prediction should be taken with the understanding that they are only the opinions of several market analysts.
In addition, it is difficult to forecast anything that is perfect. But be assured, we’ll give it our best go.
What is the Hive (HIVE)?
Hive, which went live on March 20th, 2020, is a blockchain-based financial ledger and decentralized information sharing network that uses the Delegated Proof of Stake (DPoS) protocol. Numerous applications for information exchange are supported by Hive. The ecosystem is friendly to content producers, users, investors, and builders thanks to the numerous dapps, APIs, and front-ends that contribute to a wide and simple accessibility of data, transactions, and records.
Huge volumes of content may be stored in Hive, which is designed to make that content available for time-based monetization. Social media with paid benefits for content creators, interactive games, identity management, voting systems, and microloans are a few examples of uses. With the goal of achieving widespread platform and currency acceptance, the blockchain’s functionality is scalable. Hive is well-positioned to become one of the top blockchain technologies utilized by people all around the world thanks to its combination of fee-free transactions and extremely quick processing times.
Fundamental Analysis of Hive Price Forecast
Hive’s capacity for massive transaction volumes, along with its quick 3-second block intervals and fee-free transactions, make it the perfect platform for developing highly interactive apps that would sluggishly operate on other blockchain networks. Furthermore, it focuses in a distinctive way on a second layer design for dispersing application load among several sidechains to permit scalability beyond the capacities of conventional smart-contract networks.
In order to overcome scaling issues, an application’s supporters can allocate more CPU resources as necessary at the second layer to power their preferred applications without worrying about network congestion caused by other apps, while still receiving the benefits of a shared first-layer blockchain backbone to guarantee distributed data integrity. A distinct competitive environment for application developers is made possible by this scalability capability.
A broad collection of community members, developers, and investors that shared a commitment to decentralization launched Hive. It is not supported by a specific club or organization. As a global organization with no fixed headquarters, Hive has nodes, stakeholders, and contributors in several nations. Hive uses the DPOS consensus mechanism to implement decentralized governance for both software development and decisions about protocol changes. It is possible to elect block producers, also known as witnesses, through stake-weighted voting. As witnesses, they are required to consent to allowing changes to the first layer protocol that all applications share. This creates a stable foundation while allowing second layer applications to innovate quickly. Every update to the protocol is put forth, developed, readyed for, and carried out via an open
Hive (HIVE) Technical Analysis
Even if it is difficult to give 100% accurate technical analysis for the HIVE coin, you can view the aggregated Hive buy-and-sell rating in real-time for the chosen time period with this complete technical analysis tool from TradingView. The three most popular technical indicators—Moving Averages, Oscillators, and Pivots—are the foundation of the HIVE/USD report.
Hive (HIVE) Current Price
Hive is currently worth $0.341296 USD. HIVE has moved -4.00% in the last 24 hours with a trading volume of $40,818,746. Hive is currently ranked 314 amongst all cryptocurrencies with a market capitalization of $170,903,582 USD.
Utilizing the relative strength index (RSI), moving weighted average (MWA), williams fractal (fractal) and moving average convergence divergence (MACD) from the chart above, we can determine price patterns for Hive (HIVE) to decide wether it is going to have a bullish or bearish year.
Hive (HIVE) Price Predictions
| Year | Minimum Price | Average Price | Maximum Price |
|---|---|---|---|
| 2023 | $0.409555 | $0.477814 | $0.511944 |
| 2024 | $0.682591 | $0.750851 | $0.853239 |
| 2025 | $1.02 | $1.09 | $1.19 |
| 2026 | $1.37 | $1.43 | $1.54 |
| 2027 | $1.71 | $1.77 | $1.88 |
| 2028 | $2.05 | $2.12 | $2.22 |
| 2029 | $2.39 | $2.46 | $2.56 |
| 2030 | $2.73 | $2.80 | $2.90 |
| 2031 | $3.07 | $3.21 | $3.34 |
Our price prediction forecasts use real-time Hive (HIVE) market data and all data is updated live on our website. This allows us to provide dynamic price predictions based on current market activity.
Hive (HIVE) Price Prediction 2023
Hive, according to some, is one of the most amazing cryptocurrencies to rise this year (HIVE). The HIVE price forecast for 2023 anticipates a significant increase in the year’s second half, possibly reaching $0.511944.
As with other cryptocurrencies, the rise will be gradual, but no considerable drops are expected. Averaging $0.477814 in price is quite ambitious, but it is feasible in the near future given anticipated collaborations and advancements. HIVE is expected to have a minimum value of $0.409555.
Hive (HIVE) Price Prediction 2024
In 2024, Hive HIVE price prediction has much room for expansion. As a result of the potential announcements of numerous new partnerships and initiatives, we anticipate that the price of HIVE will soon surpass $0.853239. However, we should wait to see if the HIVE’s relative strength index comes out of the oversold zone before placing any bullish bets.
Considering the market volatility, HIVE will trade with a minimum trading price of $0.682591 and an average trading price of $0.750851.
Hive (HIVE) Price Prediction 2025
If the upward trend continues until 2025, it could reach $1.19 and HIVE may profit. If the market experiences a decline, the goal may not be met. HIVE is expected to trade at an average price of $1.09 and a low of $1.02 in 2025.
Hive (HIVE) Price Prediction 2026
If Hive successfully boosts market sentiment among cryptocurrency enthusiasts, the HIVE coin price could remain stable for the next five years.
According to our projections, HIVE will be green in 2026. The HIVE is expected to reach and surpass its all-time high in 2026. In 2026, the virtual currency will be worth $1.54, with a minimum price of $1.37 and an average price of $1.43.
Hive (HIVE) Price Prediction 2027
After some extensive forecasting and technical analysis, we estimate the HIVE price is expected to cross an average price level of $1.77 by 2027, with a minimum price of $1.71 expected before the end of the year. Furthermore, HIVE has a maximum price value of $1.88.
Hive (HIVE) Price Prediction 2028
Due to the future partnerships that are expected to happen by 2028, we are expecting that a bullish trend will continue, bringing the average price to around $2.12. If HIVE manages to break the resistant level in 2028, we could see a maximum price of $2.22, failing to gather the support HIVE needs by 2028 could result in a low of $2.05.
Hive (HIVE) Price Prediction 2029
While HIVE is striving towards interoperability between networks to hasten interaction, the bullish trend from the previous year is expected to continue. So the minimum trade price has been placed at $2.39 and a yearly price close above $2.56 in 2029.
Hive (HIVE) Price Prediction 2030
By 2030, Hive will finally surpass its previous ATH values and record new price levels. The minimum price could be $2.73 and potentially reach a maximum price value of $2.90, averaging out at $2.80.
Hive (HIVE) Price Prediction 2031
The cryptocurrency market is known to be highly volatile which is one of the many reasons why price forecasting is a difficult task. BitcoinWisdom tries our best to forecast future price points with precision, however all predictions should not be taken as financial advice and you should DYOR (do your own research). In 2031, we are expecting cryptocurrency to have gained adoption across many sectors. As such, the maximum HIVE price in 2031 is projected to be $3.34 in the event of a bull run, with an average price level of $3.21.
Conclusion
The study mentioned above makes it evident that the Hive (HIVE) forecasts are rather incoherent. Regarding upcoming increases or decreases in the HIVE pricing, there is no general agreement. Indeed, a variety of elements, including announcements, new technological advancements made by the Hive projects, the overall crypto ecosystem, legal status, and others, will influence the potential development in the future. We respectfully remind you to conduct your own research before making any bitcoin investments.
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FAQ
What is the Hive (HIVE) price today?
Today, Hive (HIVE) is trading at $0.341296 with a total market capitalization of $170,903,582.
Is Hive a good investment?
Hive proved to be one of the most talked about coins in the crypto space this past year. With this in mind, it is wise to say that HIVE is a good choice of investment.
How high can Hive go?
The average price of Hive (HIVE) can possibly reach $0.477814 this year. Over the next 5 years, it is projected that Hive may surpass $2.22.
How much will Hive be worth in 5 years?
Based on the rising popularity of cryptocurrency and Hive, a long term investment in HIVE could see the price rise to $2.22 within the next 5 years.
How much will Hive be worth in 10 years?
If you invest in Hive today, as with any investment, a long term increase is expected. The price of HIVE could possibly rise to $4.33 within the next 10 years.
What will the Hive price be in 2024?
Hive (HIVE) price is expected to reach $0.853239 by 2024.
What will the Hive price be in 2025?
Hive (HIVE) price is expected to reach $1.19 by 2025.
What will the Hive price be in 2026?
Hive (HIVE) price is expected to reach $1.54 by 2026.
What will the Hive price be in 2027?
Hive (HIVE) price is expected to reach $1.88 by 2027.
What will the Hive price be in 2028?
Hive (HIVE) price is expected to reach $2.22 by 2028.
What will the Hive price be in 2029?
Hive (HIVE) price is expected to reach $2.56 by 2029.
What will the Hive price be in 2030?
Hive (HIVE) price is expected to reach $2.90 by 2030.
What will the Hive price be in 2031?
Hive (HIVE) price is expected to reach $3.34 by 2031.
Editor-in-Chief of the BitcoinWisdom site, I'm responsible for ensuring all the content on our website is accurate, relevant, and helpful. I am a cryptocurrency advocate and I have been following the crypto space since early 2012. I have written extensively about Bitcoin and my work has appeared in some of the most respected publications.
