Hello, dear members of LeoFinance!
In this post I will comment on the price chart of HIVE. So, let me start!
In the 4-hour chart (4H), HIVE/USDT has been consolidating for the last 7-8 days:
However, as seen from the chart above, if the current consolidation continues then HIVE/USDT may go through the resistance line, and that will be a slight bullish signal (at least in my view), indicating that the bulls are trying to defeat the resistance line, which is a key line (a barricade) for the bears.
In my view, if the bulls are able to break the resistance line then a price rebound may turn out to be just around the corner.
To be continue ...
So, fellow LeoFinancier, what do you expect from HIVE/USDT in the near future?
p.s. at the time of writing one HIVE costs $0.1521 according to LeoFinance
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 trades, investments and etc.
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