For some days now the crypto market was bearish and the HIVE market also got affected by the bearish trend which made the HIVE price to go as low as $0.71..
The hive price is currently at $0.87 and the whole market is looking bullish on the three days chart of the hive market as you can see in the screenshot above.., And we should expect to see a hive price of $1.13 if the current bullish trend continues this week..
On the three days chart, the hive price touched the lower bollinger band and it bounced back up and that confirmed the bullish signal which also confirmed by the RSI indicator.