Hive Price Touched Support Line After Price Correction
Hive price touched the middle line of consodilation zone. Which is possible support line for Hive price. I shared lots of analysis for Hive and Bitcoin price and price correction was coming soon and we have seen price correction!
Hive price stucked into consodilation zone for a year. It was great level to pick up Hive. Hive price broke up this consodilation zone a few weeks ago and touched 0,50 USD.
After price correction Hive price went up fastly and touched the middle line of this consodilation zone.
Here you can see daily chart of Hive. I circled the similarities between the beginning of 2023 and 2024. Hive price supported the middle line of consodilation zone in 2023. This year Hive price went down and supported by the middle line of consodilation zone.
0,32 USD is great support line for Hive price. I shared a post and said that I bought Hive in this level and I powered up yesterday.
When we look at the indicators of Hive price, price correction was coming soon. I circled the ciritical levels of indicators and It happened. This price correction happened very fast. Fisher Indicator went down very fast and we may see price respond in a few days.
I started to buy Hive for 2024-2025 altcoin season.
We will never see Hive price at these levels. It may be great time and level to pick up Hive.
We will see..
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