Hello, dear members of LeoFinance!
After the Hive Fest 5, I want to make a small update on the price chart of HIVE.
It seems that HIVE is making the first attempt to reverse the trend. In the daily frame (1D), HIVE/USDT is crossing the 30-day Moving Average (MA 30) and the 90-day Moving Average (MA 90):
I would like to outline that MA 30 is still below MA 90. If MA 30 surpasses MA 90 I will consider it as an initial bullish signal suggesting a trend reversal.
To be continued ...
As of the time of writing, one HIVE costs $0.1382 on Binance crypto exchange, according to TradingView.
A few words about me:
Just to let you know: I've been working professionally as a currency analyst for the last 14+ years, and as a cryptocurrency analyst for the last 3+ 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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