Hive Price is on Mega Support Line
Hive is at the bottom. It touched the mega support line coming from June 2021. Here you can see daily chart of Hive price. There is mega support line. Hive price touched this line more than 10 times.
There is downtrend line on Hive price chart coming from March. Hive price touched 0,49 USD and went down again to 0,30 USD. It is great chance to pick up Hive below 30 cents.
Downtrend line and mega support line will be crossed in a few days. The middle of June will be possible time for crossing.
Will Hive price break up downtrend line or break down mega support line?
Here you can see weekly chart of Hive price. I circled the bottoms of Fisher Indicator. You can see what happened reversing from the bottom.
If Hive price reverses in a few weeks, It will break up dowtntrend line. It will go up safe zone. Mega Support line will support Hive price again.
It seems mostly possible. There is no reason to see mega support line broken down.
As I said, It is very good chance to pick up Hive below 30 cents.
This is why I always say that Hive is undervalued. Keeping picking up Hive..
We will see..
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Interesting chart indeed, definitly waiting for a mega uptrend line :)
We are still in mega uptrend line from 0,16 USD at June 2021 :)