1 HIVE = $0.38 USD -- Will the alligator go down again?

in hive •  2 years ago 

Screenshot_20230511-191022_TradingView.jpg
(Chart by TradingView)

Alligator of Hive appears to have fallen to nearly $0.25 in early January. Since then, in search of prey, it rose quickly to nearly $0.5 in late February, then fell and rose again only slightly until recently.

Meanwhile, the Moving Average Convergence Divergence (MACD) oscillator has re-entered a bearish position. This suggests that the price of this asset is falling again.

Also, the Stochastic Relative Strength Index (RSI) oscillator appears to have entered neutral territory. In other words, the market price of this asset is following its intrinsic price.

And now we see that the alligator's mouth is beginning to open downward. Will it go down again?

Let's continue our adventure with this Hive alligator.

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