Hive price went up more than 20% yesterday. Even it went up more than 30% in the day, daily close was at about 20%. I shared a post yesterday and I said Hive price would touch the resistance. The daily close was important for Hive price. My analysis yesterday was completed and Hive price could not break up the resistance.
Here you can see daily chart of Hive price. There is downtrend line on RSI Indicator. Hive price could not break up the resistance. This downtrend line will resist Hive price until July. Hive price will be under this resistance for a few weeks.
This is 3rd touch of this resistance. Hive price will go up fast after breaking up this resistance but It is early now.
Here you can see weekly chart of Hive/BTC pair. There is RSI Indicator. There is still downtrend line on RSI Indicator and It should be broken up! So, that is why I said it is early to go up! Hive should break up Hive/BTC pair resistance to enter mega bullish trend.
This resistance will work until July!
Here you can see monthly chart of Hive price. MACD Indicator is trying to reverse from the bottom. If it reverses, Hive price will enter mega bullish trend!
So, We will wait until July!
As I said, Hive price will enter mega bullish trend until July. We have only a few months. Hive price is at incredibly good level to pick up. Don't miss this chance.
We will see..