Hive is Having Trouble Breaking the Resistance
Hive price is at below the middle line of consolidation zone. Here is consolidation zone I shared this zone a year ago. It is picking up level for Hive. even Hive price broke up this zone during mini altcoin season at the beginning of 2024, Hive price went down and entered again this zone. It is very hard to break up this zone.
Hive price went down to the middle line of this consolidation zone with Bitcoin's price correction. We have seen this scenario in 2023. Hive price needs to touch the bottom of this consolidation zone. Picking up Hive from below 30 cent is very good chance. Don't miss this chance...
Here you can see weekly chart of Hive. There is bowl pattern on RSI Indicator. Hive should not break down this pattern. This pattern resumes untill 2025 Summer. This is why I follow Hive price to analysis all crypto market. Hive has very clear chart. You can follow this chart to predict crypto market.
Fisher Indicator will reverse in a few weeks. As I said I will be great chance to pick up Hive!
I am waiting with cash to pick up Hive! We will see..
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