Hive Price is Trying to Stay Above the Top Level of Depression Zone
Even lots of crypto went up more than 2x from the bottom, Hive price went up from 0,19USD to 0,27 USD. It was one of the worst performance during mini bullish crypto trend. Hive price have not gone down so much, So this is why Hive price went up less.
0,26 USD level is also important for Hive price chart. If Hive price can stay above this level, we will see huge price pumps pn Hive price chart. It is important level to enter mega bullish season or not. This is why Hive price can not go up after 0,26 USD level. It means, market will not enter mega bullish season. This is one of great signal to look for crypto market.
Here you can see the indicators on daily chart of Hive price. There is huge bowl pattern on RSI Indicator. Hive price may try to touch this pattern to be supported. Fisher Indicator is on the top and reversed down. If we see more daily red candles on Hive price chart, it will go down to the bottom. There is also uptrend line on MACD Indicator. It will be broken down if we see more daily red candles on Hive price chart.
So, Hive price may under the top level of depression zone. It means, we are still in consolidation time.
It may be great chance to pick up discounted Hive from depression zone. I am waiting with my cash to buy more Hive from the bottom.
We will see..
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