Hive (HIVEUSD) Price Forecast: December 24
HIVEUSD has soared about 25%, making positive moves, and also looks good for long at the $0.404 price level. The coin price will most likely continue its bullish run, and the price could still go higher if the bulls can break up the $0.451 peak value. Then, a good upward trajectory to the $0.500 upper resistance level and beyond might be reached soon amid soaring market optimism.
Key Levels:
Resistance Levels:$0.402,$0.403,$0.404
Support Levels: $0.179, $0.178, $0.177
HIVE (USD) Long-term Trend: Bullish (Daily Chart)
The Hive market is soaring and looks good for long as it remains pressured above the resistance levels in its higher time frame. The price is firmly above the moving average, suggesting a bullish momentum. This looks good for buy traders and signifies a buy signal. 
Pressure from the bulls with a long bullish candle to the $0.404 supply value above the EMA-50 as the daily chart opens today looks good for a long with projections hinting at a breakout to new heights.
Based on the outlook, should the bulls go higher and close above the $0.451 high point, a bullish breakout above the peak value will reflect the improved market sentiment.
Additionally, the momentum indicator also signaled up, indicating an uptrend. Buyers might continue with the trend, and in this case, the HIVEUSD price might reach the $0.500 upper resistance value soon, as it looks good for long in its long-term perspective.
HIVE (USD) Medium-term Trend: Bullish (4H Chart)
The HIVEUSD remains stable at the upside and looks good for a long with a bullish sentiment in the medium-term horizon. The coin is trading above the level of $0.350 and presently facing the overhead resistance at the recent high. 
The Hive market looks good for long as the price rises significantly above the resistance trend lines at $0.404 as the 4-hourly chart begins today, offering a potential buy opportunity for coin traders.
Meanwhile, if the bulls breach the $0.451 resistance, the next price target to watch out for would be around $0.500.
Hence, HIVEUSD is showing more upside possibilities as indicated by the daily stochastic pointing in an upward direction, suggesting the crypto may continue to look good for long.
More gains and strength are expected from the coin buyers as they continue to dictate the market conditions. As a result, the pair may reach the $0.500 resistance level in the days ahead in its medium-term perspective.
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