Hive Price is stuck between resistance and support lines. While Bitcoin price going up 30K, Hive price stays on 0.42 USD. This is the reason why price seems stable. It is the last days before big moves...
Here you can see daily chart of Hive. There is downtrend coming from 2022 August. Price was going down day by day. Even Hive price reversed from 0.26 USD, It couldn't break up this resistance. It is still under pressure..
There is also uptrend line on Hive price chart. It may be broken down in a few days.
I think that Bitcoin price will went down in May. That is why I said Hive price may break down uptrend line...
Here you can see daily HiveBTC chart. There is falling wedge pattern on RSI Indicator. So, Hive price may be on the bottom against BTC. But While Bitcoin goes down, Hive will follow it...
It may be time to convert Bitcoin to Hive, but I will wait to covert USD to Hive. I am waiting for seeing the bottom!
We will see...