Hive Price can not break the resistance which is at 0.40 USD level. Hive price is under this resistance since May 2023. This is 7th month that Hive price is being traded between 0.26 and 0.40 USD..
Even Bitcoin price went up from 25K to 44K, Hive price is still under this resistance. That means, Hive price is undervalued. Lots of altcoins pumped more than 2x, Hive is undervalued!
Here you can see daily chart of Hive. Hive touched this resistance 4 times before.
Will Hive break up this resistance in this year?
Here you can see weekly chart of Hive. Fisher Indicator is on the top and will reverse.. So, the answer of my question may be here. Hive may not break up this resistance in this year...
We need a price correction for Bitcoin this month. So, Hive may be effected and may go down.
If Hive price goes down, Indicators will reverse and Hive price may enter bearish trend..
Hive is my the best Indicator to look all crypto market. So, I make more price analysis for Hive to look crypto market.
When we look at Hive price chart, we are not in altcoin season. So, it is very good. We can pick up Hive for a time..
It is good to enter altcoin season with more Hive. Hive is one of my favourited crypto. I think we will see more than 50x..
We will see...
I thought 42 cents would be a good high and maybe $4.20 on the long run, but you're predicting something like $20, cool.