Hive price went down from 0.40 USD to 0.33 USD after touching the top line of consolidation zone. Hive is in this consolidation zone for 9 months..
I shared lots of analysis for Hive price and said It is great level to pick up Hive for long term.
Hive price is on the middle line of this consolidation zone and the bottom line of this zone will be great level to pick up.
I think we will see price hitting the bottom line of this zone.
Here you can see daily chart of Hive and you can see the levels of top, middle and bottom.
When we look at the indicators of daily Hive price chart, we can see downtrend of RSI Indicator and MACD. They will break up downtrend lines at the end of March. Until this break up, Hive price may touch the bottom of consolidation zone.
Hive will break downtrend of daily chart of RSI Indicator in March. When it breaks up, we will enter 2024-2025 altcoin season.
Hive is one of my crypto that shows me crypto market analysis. Hive shows me March and April.
We will see..