1 HIVE = ₿1386 Satoshi -- Will the alligator go down again yet?

_{(Chart by TradingView)}

In early March, the alligator of Hive against Bitcoin appeared to be walking up to near ₿2000 Satoshi. From there, it dropped back to near ₿1400 Satoshi in early April, and has since risen and fallen a bit to the present.

Meanwhile, the Moving Average Convergence Divergence (MACD) oscillator has just re-entered a bullish position. This indicates that the price of this asset has begun to rise again.

However, the Stochastic Relative Strength Index (RSI) oscillator is almost in overbought territory. In other words, the market price of this asset is almost above its intrinsic price.

And now, the alligator seems to be opening its mouth slightly downward. Will it go down again yet?

Let's continue this adventure with alligator of Hive against Bitcoin.