馃搱 Daily TA: HIVE/USD | 13-01-2021

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Hello, dear members of LeoFinance!

The activity on the HIVE blockchain is increasing! Earlier today, I talked about it in my daily Cryptocurrency Market Overview.

So, as we can see from the daily chart (1D) of HIVE/USD, the current price of HIVE is at the 90-day Moving Average (MA 90) and 30-day Moving Average (MA 30):
13.01.2021 HIVEUSD.jpg
Although the MA 90 is still above the MA 30, I feel like very soon a Moving-Average Crossover will take place (initial trend reversal signal).

To be continued ...

As of the time of writing, according to TradingView, one HIVE costs $0,1250 on the Binance crypto exchange but soon it will cost much more!


A few words about me:

Just to let you know: I've been working professionally as a currency analyst for the last 14,5 years, and as a cryptocurrency analyst for the last 3,5 years.


Important!

Keep in mind, that thoughts expressed here are my own, and they should not be regarded as recommendations for any cryptocurrency/commodity trades, investments and etc.


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