Hive price is in mini bullish trend. It tested 0,07 USD in this week. Even it reached this level, we can not see daily close above 0,06 USD level. There is great resistance on Hive price chart. This is why Hive price can not go up. Hive price resisted by 200-day moving average for 3 times.
Here you can see daily chart of Hive price. Hive price is below this 200-day moving average for a few years. we should see daily close above this average. It is the third touch in this year. Hive price is trying to break up this average. Even it is broken up, we have not seen daily close above this resistance.
Here you can see the indicators on daily chart of Hive price. There is uptrend line on RSI Indicator. During above this uptrend line, Hive price may try again to break up 200-day moving average. If we see breaking down this mini uptrend line, We may see the end of bullish trend.
We may see reversing down on Fisher and MACD Indicators. If we see reversing down, Hive price can not break up 200-day moving average in this bullish trend.
Even we dont see breaking up 200-day moving average, we will see breaking up this resistance in this year. When Hive price breaks up this average, It will enter bullish season.
We will see..