Hive price is on great support line. It is on the middle line of depression zone where Hive price spent the time in 2024. It is good to see Hive price supported by the middle line of depression zone. Even lots of altcoin are at all time low level during Trump crash, Hive price is above 2024 level. It means Hive price is in still bullish trend.
Here you can see daily chart of Hive. I shared this draft a few years ago. It shows up resistances and support lines of Hive.
0,21 USD is great support level for Hive price chart.
Here you can see the indicators on 3-day price chart of Hive. MACD Indicator is on the bottom and ready to reverse up. We are waiting for reversing on Fisher Indicator. You can see what happened after Fisher and MACD Indicator reversed from the bottom. It is one of the signal of beeing on the bottom.
Hive will be the star of 2025 altcoin season ıf market reverses up. It may take a few weeks after seeing reversing ups at indicators.
It may be time to pick up discounted Hive.
We will see..
Posted Using INLEO
I hope you are right, but then again "what cannot go down" has a tendency to do just that...
What matters is that the activity here on Hive does not drop, that everyone keeps producing content!
There are so many battle hardened creators and users here, as long as we survive the coming period of the world economy rewiring for real we'll be fine...