Hive Price Analysis for Today (January 5, 2025)

The current price of Hive ($HIVE ) is $0.6131, which has increased by +57.79% in the last 24 hours. HIVE is currently available on 14 exchanges, and in the last 24 hours, 3,260,473,690 HIVE coins have been exchanged, amounting to $1,998,921,643 in trading volume.$XRP $XLM

Today, Hive (HIVE) opened at $0.3985. This is 53.84% higher than the opening price. After dropping to $0.3976, it is attempting to move higher. From the maximum price over the last 30 and 7 days, it has increased by 28.23%, and from the minimum recorded price over the same period, it has increased by 182.52% and 81.21%.

According to our analysis, HIVE needs to stay above $0.5827 to potentially move towards the first significant resistance level at $0.6460. A breakout above $0.6460 could lead to HIVE rising to the next resistance level at $0.7045. The third resistance is at $0.8235.

If the price falls, the first support level to watch will be $0.5827. If this level does not hold, further declines to the next support level at $0.5222 are possible.#Binance250Million