Hive price entered consolidation zone with the crisis of Iran&Israel. Hive was one of the worst performer during 2023-2024 mini altcoin season. Even it was one of the worst performer, it has one of huge profit potential. Hive price is discounted.
Lots of investors are waiting for mege bullish season. I follow Hive price to analize crypto market. Hive price only went up 2x during mini altcoin season. If Hive price touch 1 USD, I can say that we are in bullish season.. So, Hive showed me the future.
Here you can see daily char tof Hive price. This is my draft. I shared lots of analysis for Hive price. I drew this consolidation zone and showed you similarities between past and now. I was waiting to see touching of the middle line on consolidation zone when Hive price was at 0.45 USD level. It is finally done and It is great time to pick up Hive from the bottom.
It is great time to fill your bag before altcoin season.. I circled the similarities and possible price touch of Hive. Now, Hive price is trying to go up above the middle line of consolidation zone..
I think we will never see Hive price below 0,26 USD. If you fill your bag from the closest level from the bottom, you can make more profit in altcoin season.
Here you can see weekly chart of Hive. Fisher Indiacator reversed from the top. MACD Indicator is also close to reverse from the top. It means we may enter price correction for a few weeks..
In this price correction we may hit the bottom. The middle line of consolidation zone may be another great level to pick up discounted Hive!
Hive is undervalued. We will see Web3 hype in mega altcoin season. Hive will be the star of altcoin season.
My target is to see Hive price at more than 6 USD.
I hope we will see.
Starting to pick up…
Posted Using InLeo Alpha