Hive Price Tested Price Pump

avatar

Today Hive price went up more than 10% from 0,175 to 0,195 in a few hours. It was a price pump test. Hive price is at the bottom in depression zone. Here you can see daily chart of Hive price. I drew this draft and shared a few months ago. Hive price is close to the bottom of depression zone..

While Hive price is close to the bottom of this zone, Hive price is trying to make a price pump. You can see what happaned after touching the bottom of this zone. 0,165 USD is the bottom level of this zone. Maybe Hive need to touch there to get more power to enter bullish trend.

e1.PNG

Here you can see the indicators of daily chart of Hive price. There is support line on MACD Indicator. Hive should not break down this support line. There is also possitive divergence on RSI Indicator. The bottoms of RSI Indicator is increasing but the bottoms of price chart is dexreasing. Price pump is close to Hive price chart.

Fisher Indicator is also at the bottom and ready to reverse. We may see price pump in next week.

e2.PNG

I am waiting with my cash to buy more Hive. I will share my posts about buying Hive and powering up!

We will see..

Posted Using InLeo Alpha

hive-167922 proofofbrain neoxian palnet cent hive analysis posh vyb ctp
0
0
0.000
1 comments
avatar

Congratulations @chorock! You have completed the following achievement on the Hive blockchain And have been rewarded with New badge(s)

You received more than 40000 HP as payout for your posts, comments and curation.
Your next payout target is 41000 HP.
The unit is Hive Power equivalent because post and comment rewards can be split into HP and HBD

You can view your badges on your board and compare yourself to others in the Ranking
If you no longer want to receive notifications, reply to this comment with the word STOP

Check out our last posts:

Hive Power Up Month Challenge - August 2024 Winners List
Be ready for the September edition of the Hive Power Up Month!
Hive Power Up Day - September 1st 2024
0
0
0.000
Reply