Hive Price Stuck in Lower Channel of Descending Channel

There was descending channel on Hive price chart after 10th October market crash. Hive price is in descending channel for months. It is trying to break up the top line of this channel but It can not. It broke down the middle line of this channel a few days ago. It stuck in lower channel of this descending channel.

Here you can see daily chart of Hive price. Hive price is trying to break up the middle line of this channel. During being under the middle line of this channel, Hive price is going down day by day. Hive price is following crypto market. Lots of altcoins are at the lowest level.

Here you can see the indicators on daily chart of Hive price. There was great uptrend line on MACD Indicator. It is broken down. It was great uptrend pattern and It is broken down. We need time to see the new pattern.
There was downtrend line on RSI Indicator and It is broken up. Fisher Indicator is trying to go up.

These major indicators seems irregular. We need time to see them regular.

Crypto market and Hive price has no decision yet. I shared a few analysis about Bitcoin price chart and I said I was waiting possible price dump on crypto market. This is why We can not see any bullish attacks on Hive price chart.

2026 will be building up year for the next bullish season.

We will see..

Posted Using INLEO