Hi Hivians,
the price development of HIVE is pretty interesting.
Yesterday, we was able to break the 1.618-Fibonacci-Extension-Level at 0.79$, which was a major resistance.
Afterwards, we retested this level and got strong support (the big, green arrow).
In my personal opinion there's a high possibility that we see the next Fibonacci-Extension-Level (2.618) at 1,25$ soon, which is a good target price.
HQ chart
