Hive price is going down day by day as all altcoin. They are going down since 10th October market crash. Hive price is in descending channel. It was trying to break up the middle line of this descending channel and It happened.
Here you can see daily chart of Hive price and the indicator. The bottom level Hive price is going down. The bottom of RSI Indicator is going up. It is great possivite divergence on Hive price chart. We should see a price pump on Hive price chart after this possitive divergence. Hive price broke up the middle line of descending channel. The top line of this channel will be the first price target of Hive price.
Here you can see the indicators on weekly chart of Hive price. There is great downtrend line on RSI Indicator. It will be broken up in a few weeks. Fisher Indicator is on the bottom and It will reverse down if we see a few weekly green candles. MACD Indicator is below 0 level. It is signal of bearish season.
Even Hive price is in bearish channeli it is so possible to see reverse up in a few weeks.
April will be hard for stock and crypto market. WW3 will effect these markets. Even it seems dark, Hive price shows us possible price reversing in a few weeks.
We will see..
