Hive Price is Trying to Break the Resistance the Middle Line of Consolidation Zone

Even Bitcoin price went up to 52K USD, Hive price went up slowly. It only went up from 0,30 USD to 0,32 USD while Bitcoin price went up from 38K to 52K. Hive/BTC pair is close to bottom.

So, It may be great time to pick up Hive before altcoin season 2024 - 2025.

I shared lots of analysis for Hive price chart and said I started to pick up Hive before altcoin season. Hive is undervalued crypto, has huge potential during altcoin season.

Here you can see condolidation zone of Hive price chart. Hive is in this zone for more than a year. It is great level to pick up Hive.

If Hive price breaks up this zone (up to 0,40USD) Hive will enter bullish altcoin season..

When we look at daily chart of Hive, the middle line of this zone will work as resistance. So, it may be hard to break up. The downside of this zone is discounted place for picking up Hive.

When we look at the indicators of daily chart of Hive price, RSI Indicators resistance is broken up!
So, Hive price may break up the middle line of this consolidation zone and may enter the upside of this zone.

When we look at Fisher Indicator on daily chart of Hive, Hive should be quick to entre upside of this zone. Because Fisher Indicator is on the top and close to reverse...

I shared lots of analysis for Hive price chart. I am following it step by step.

I should fill my bag with 100K Hive.

We will see...

Posted Using InLeo Alpha