馃搱 Daily TA: HIVE/USD | 25-03-2021

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Hello, dear members of LeoFinance!

Today, I want to comment on the price chart of HIVE.

The HIVE market has been quite volatile recently. The price of the cryptocurrency experienced a solid price increase followed by a pullback. Nevertheless HIVE/USD continues to move upwards:
25.03.2021 HIVEUSD.jpg
As can be seen from the chart above the closest solid support for HIVE is the trend line. Then we have the 30-day Moving Average and the 90-day Moving Average.

To be continued ...

As of the time of writing, one HIVE costs $0.497 on the 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 almost 15 years and as a cryptocurrency analyst for the last almost 4 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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