Hive price is one of undervalued crypto on market. It presents us very good profit chance by being undervalued crypto. Lots of crypto began to break up the resistances. I shared lots of analysis for Hive price chart and said Hive price is in consolidation zone.
Here you can see weekly chart of Hive. Hive price broke up the resistance of consolidation zone. We need to see weekly close above the top line of this zone.
RSI Indicator also broke up the resistance on weekly chart. It tested 2 times to break up this resistance and It broke up 2 weeks ago. That is why Hive price went up from 0,30 USD to 0,44 USD...
So, it can be said that we are at the beginning of story..
Here you can see daily chart of Hive/BTC pair. There is resistance on this chart and Hive is trying to break up!
There is also resistance on RSI Indicator. Hive may break up this resistance in a few days. If it happens, we may see huge moves on Hive price chart.
As I said, we are only at the beginning of the story. We are at the beginning of 2024.
2024 and 2025 will be the years of crypto and Hive.
We will see..
If this is, in fact, the very beginning of the next crypto bull market run — assuming it happens +/- every 4 years — it should be very positive for the next 15-18 months. I certainly hope so!
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