Hive Price is Trying to Find the Bottom Level

Hive price is going down since 10th October crypto market crash. Lots of altcoins touched all time low level this this market crash. hive price is trying to be solid. It is still above all time low level after this market crash but It is going down day by day.

Here you can see daily chart of Hive price. Hive price is in a descending channel. It touched the top line and middle line of this channel. Finally, Hive price broke up the middle line of this channel. After breaking up the middle line of this channel Hive price appeared as stable. It is trying to find the bottom. It may be time to reverse up. Because there is great support line on Hive price chart.

Here you can see the indicators on daily chart of Hive price. There is great downtrend line on RSI Indicator coming from the beginning of 2025. It will take more time to break up. There is mini downtrend line on this indicator. Hive price may break up this mini downtrend line in a few days. If not, we may see another price dump on crypto market.

There are mini uptrend lines on MACD Indicator. Even Hive price broke down this uptrend line, it is trying to be solid. Fisher Indicator is on the bottom and trying to reverse up.

Even there is price dump potential on crypto market, Hive price is close to the bottom. It may be time and level to pick up.

We will see..