Is the HIVE price getting ready to move higher?
On 26 November 2021 the HIVE price hit a high of $3.4141 TetherUS on Binance. Since then the HIVE price chart has been forming a wedge on the daily chart. The price movement is currently nearing the end of the wedge.
The rising trend line has supported the price 4 times so far. It is possible the break out of the wedge will be higher. A crude upper target for the price before the end of April is $6.8157 TetherUS on Binance.
The "STOCH V RSI" indicator is signaling a turn around in price movement is coming.
The MACD indicator is showing signs of a possible turn around in price movement.
The Fisher indicator is not confirming a turn around yet. That is the only question mark in my mind.
This should not be considered investment advice. I am simply raising an idea for further discussion.
