Hive Price Stucked Between Top Level of Depression Zone
Hive price was in depression zone during 2024. I shared lots of analysis and drew drafts on Hive price chart. After touching 0,70 USD, Hive price went down and touched the middle line of depression zone where is at 0,21 USD. The top level of Hive price is at 0,26 USD. Hive price stucked into these levels during Trump FUDs on market.
Here you can see daily chart of Hive price and my drafts. There was bearish trap on Hive price chart while breaking down the middle line of depression zone. It is great level to pick up Hive before altcoin season..
Here you can see the indicators on daily chart of Hive. Fisher Indicator is on the top and ready to reverse down. There is uptrend line on MACD Indicator.. When Fisher Indicator reverses down, We will see breaking down on uptrend line of MACD Indicator.
When this scenario happens, Hive price may test again to break down the middle line of depression zone.
I shared lots of analysis about Hive price chart and said Hive will be the star of altcoin season. So, It is great zone to pick up discounted Hive. I hope we will not see Hive price the bottom level of depression zone.
We will see..
Posted Using INLEO
This post has been manually curated by @bhattg from Indiaunited community. Join us on our Discord Server.
Do you know that you can earn a passive income by delegating your Leo power to @india-leo account? We share 100 % of the curation rewards with the delegators.
100% of the rewards from this comment goes to the curator for their manual curation efforts. Please encourage the curator @bhattg by upvoting this comment and support the community by voting the posts made by @indiaunited.
"Your analysis is impressive, especially the way you explained the MACD and Fisher indicators—very professional! Do you think Hive will actually touch the depression zone again, or is this just a temporary correction?"
I think it is still correction. Even Hive price is in depression zone..
Hive should reverse up from the middle line of depression zone. If not, we will spent 2025 in depression zone again.
There is no such word as stucked.