Hive Price Supported by the Middle Line of Depression Zone!

Today Hive price went up more than 40%. It is the star of crypto market. It is supported by the middle line of depression zone. I shared an analysis about Hive price chart on Hive Price Entered Deprression Zone Again.
and said;

These are major reasons that I am waiting for price support by the middle line of depression zone. So, it may be great level to pick up discounted crypto.

It was great level to pick up discounted Hive. I picked up Hive from 0,22 USD level. Because there is great support on Hive price chart the middle line of depression zone.

After touching great support, Hive price went up today Even crypto market down. Hive wilve be the star of 2025 altcoin season. This is why Hive price is solid, even market goes down.

Here you can see daily chart of Hive. I shared this draft a year ago. It worked as well. It is great to see Hive price again in consolidation zone.

Here you can see the indicators of daily chart of Hive. There is support line on RSI Indicator. It will support Hive price during 2025. We are only at the beginning. After price pump on Hive, Hive price may go down to a support. The middle line of consolidation zone is main support for Hive. I think Hive will touch the uptrend on RSI Indicator.

Market is still at price correction. We will see huge drops on market in next days. Bitcoin has not entered price correction yet. So, The bottom line of consolidation zone is main support for Hive.

I always believe that Hive will be star of 2025 altcoin season. This is only the beginning. It is great to pick up Hive from these levels.

We will see..

Posted Using InLeo Alpha