Support levels
The chart looks constructive at the moment. Hive went down to the 36 Cent zone and back up. We are currently trading around 38 Cents. Good sign, the support held!
And now comes the big BUT: If Bitcoin doesn’t hold the 26,5k Dollar, Hive will most probably also break downwards and the 32 Cents is another level that might support.
On the upper side we need to climb above 40-45 Cents before we can call the current consolidation finished. How probable is that at the moment?