Hive Price is going down for 6 months. It is 86% down from All time high. It is normal price action as all market.
Time and price bearish season should be completed. We should enter accumulation season. So price so go horizontal.
When we look at daily Hive price chart, Bollinger bands getting narrow. It is signal for huge move.
I hope It will go up...
Hive Price is a signal for crypto market for me. I follow Hive and a few crypto to guess crypto market position.
If BTC is down for 9 weeks, Hive Price may go up after this bearish season. I dont want to see market for 10 weeks down...
0.50 and 0.56 USD will be major resistance for short term Hive price...
We will see next week the direction of price...