(Chart by TradingView)
The Ultimate Moving Average of the Hive price was seen falling to near $0.25 in early January. Since then, the price had continued to surge to near $0.45 in early March, and have since fallen and risen repeatedly to the present.
Meanwhile, the SuperTrend indicator has switched back to a buy position from late mid-April until today.
However, the Squeeze Momentum indicator seems to have fallen into a bearish position and is even weaker.
Will Hive's price trend continue to fall? But is it really a good time to buy now?
Let's take a look at this Hive price action together.
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