Hive Price is Surpressed by Great Resistance

in #hive-167922 • 2 years ago

Hive Price is surpressed by great resistance which is at 0.49 USD level. I shared lots of post and said that big cross is coming.. Hive price touched 6 times great resistance. We couldn't break up this resistance while market has not enough power. Bitcoin went down from 30500 USD to 27500 USD and lost power..

Here you can see daily chart and there is great resistance on Hive price chart coming from August 2022. There is also a support line coming from March 2023 and It is broken down!

Support line is not powerful. We touched there 3 times before.. It was possible to break down this support line.

Ekran Resmi 20230423 22.42.14.png

After breaking down this resistance, we should find the new support line on Hive price chart. There is stronger support line on Hive price chart coming from the beginning of 2023. It is more possible to support Hive price. 0.37 USD level is very strong support for Hive price...

Ekran Resmi 20230423 22.43.01.png

So, we should follow Hive price to touch this resistance. It may be the level of picking up Hive. If it breaks down this support line, we may see huge drop on market..

We will see what will happen...

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2 years ago in #hive-167922 by
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     2 years ago 

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         2 years ago 

        If I see a fall to 0.35-0.36 cents very possible, much more if bitcoin continues to correct. But it is not bad, these are prices where perfectly can come a strong rebound to the upside again.

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             2 years ago 

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