Hive price went up more than 70% after touching all time low level. It did need price correction and Hive price reversed down from great resistance. There was great downtrend line on Hive price chart. It resisted Hive price after breaking up 200-day moving average.
Here you can see daily chart of Hive price. Even Hive price broke up great average 200-day moving average, It reversed down after touching great resistance. After reversing down from this great resistance, Hive price broke down 200-day moving average. There were mini uptrend lines on Hive price chart. They are broken down. 100-day moving average is the first support line on Hive price chart.
Here you can see the indicators on daily chart of Hive price. There is great downtrend line on RSI Indicator. It will be broken up in a few days. After breaking up this downtrend line, Hive price may reverse up to go above 100-day moving average.. There was uptrend line on MACD Indicator and It is broken down. MACD Indicator may reverse up. Fisher Indicator is close to the bottom. It may reverse up if we see daily green candles.
Even Hive price broke down 100-day moving average, we may see reversing up on Hive price chart. If we see solid reversing up on Hive price chart, Hive price may break up great resistance in next try.
We will see..