Hive Price is Moving Same as 2023
Hive price is trying to stay above consolidation zone where Hive price stucked for a year. Hive broke up this zone at the begining of this year. Hive missed the half of bullish season due to this consolidation zone. Even Hive broke up this season, Hive price went down and supported by the middle line of this zone. Because Bitcoin has huge volatility after ETF news..
Here you can see daily chart of Hive. I shared this chart a few days ago. There are similarities between the beginning of 2023 and 2024. Hive price moves at the same direction.. Here you can see what happened after breaking up this consolidation zone. Hive price supported by the middle level of this zone and tryimng to go above again this zone. The shape of candles are also same..
Hive price may go up little and may go down again in this scenario..
Here you can see the Indicators of Hive price chart. It can be said Hive price was under indicator correction during a few weeks. We may see price pump in Hive price chart.
Hive price should break u 0,50 USD to destroy old scenario. If we see Hive price above 0,50 USD I will delete this scenario..
If Hive price can not break up 0,50 USD we will see same scenario between 2023 and now. It will be great chance to pick up Hive.
We will see..
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We might seriously be in for a serious move for hive and I believe also that steem price will definitely do well very soon in the coming months