1 HIVE = ₿1906 Satoshi -- Is now still the right time to buy?

in hive •  2 years ago 

Screenshot_20230221-201234_TradingView.jpg
(Chart by TradingView)

Until January 16, the Ultimate Moving Average of the Hive price against Bitcoin continued to fall around ₿1600 Satoshi. From there it went up to its current value.

Meanwhile, the SuperTrend indicator has switched to a buy position through today, starting on January 27.

However, the Squeeze Moment Indicator appears to be bearish and is getting weaker with relatively low volatility.

Will the trend of Hive price against Bitcoin continue to increase? And is now still the right time to buy?

Let's continue to monitor the Hive price movements against Bitcoin.

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