1 HIVE = $0.366 USD -- Is it really a good time to buy now?

in hive •  2 years ago 

Screenshot_20230512-200429_TradingView.jpg
(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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