Hive price went up from 0,29 USD to 0,44 USD in a month during bullish market. Hive price needs price correction as crypto market. It can be seen very clear on Hive price chart that price correction is coming soon.
Even Hive price did not go up too much, price correction is coming soon. Here you can see daily chart of Hive price. There are RSI Indicator support lines. It will be broken down in a few days. Hive price is also on overbought level on RSI Indicator.
So, price correction is coming soon! I showed you same pattern happened in September-November in 2023. After breaking down this support line of RSI Indicator, Hive price went down to support levels on price.
After starting of price correction on Hive price, 0.40 USD and 0.32 USD will be support levels. Here you can see daily chart of Hive price. There is consolidation zone Hive price chart. Even Hİve price broke up this zone, price may go in to this zone. 0.32 USD is the middle line of this zone and it is great supoort line!
0.40 USD is the top level of this zone and it will be the first support line for Hive price!
Fisher Indicator and MACD Indicators are on the top and ready to reverse. If they reverse, Hive price will enter price correction time.
So, we should be ready for price correction! I am waiting with cash to buy Hive!
We will see..
