Even Bitcoin price recovered the loses after TRUMP Fud on stock and crypto market, Hive price can not break up the top level of depression level where Hive price went down after touching 0,70 USD where is the highest level of 2 years. Even Bitcoin price went up from 72K to 97K, Hive price went up from 0,19 USD to 0,27 USD.
Here you can see daily chart of Hive price. 0,26 USD is great resistance for Hive price. You can remember how it resisted Hive price during 2024. If Hive breaks up this resistance, we will see altcoin season. This is why Hive price is below this great resistance.
Here you can see the indicators on daily chart of Hive. There is bowl pattern on RSI Indicator. Hive may retest there to be supported by this great bowl pattern. Fisher Indicator reversed from the top. MACD Indicator close to reverse down. If it reverses down, it may break down support line.
No problem for Hive price is worst scenario happens. There is great bowl pattern is ready to support Hive price. The middle line of depression zone is also great support for Hive price.
As I said, When Hive breaks up 0,26 USD the top level of depression zone, Hive will enter bullish season again. This is why Hive price is waiting close to the top level of depression zone.
It may be the last chance to pick up discounted Hive.
We will see..
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Without a doubt it is a good opportunity to acquire hive, we will continue to be attentive.
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