A few bullish signals appeared on Hive Blockchain. I shared a few analysis about about Hive price chart and I said I was waiting for bullish trend on Hive price after bad days. We are getting closer the end of bad days and Good days will come. Technical analysis on Hive price chart seems bullish. I looked the tokenomics of Hive Blockchain that supports technical analysis.
Here you can see monthly chart of Power Up and Power Down details on Hive Blockchain. Power Ups on Hive is increasing. It passed power down in this month. This is the first month that Power Up passed power down. Lots of investors are aware of Hive price is close to the bottom. It is great level and time to pick up. It is great time to build up Hive accounts. I think This is why Power up increasing.
Here you can see yearly chart of Power up and down. There is bowl pattern on Power up chart. It means we passed the bottom. This year of power up will pass last year. Power up on Hive Blockchain increasing month by month and year by year.
Here you can see another bullish signal on Hive Blockchain. From Exchange transfer increasing month by month. It is monthly chart of from exchange transfers on Hive Blockchain. You can see we passed the bottom on 2023 and 2024. Good years are coming soon.
As technical analysis on Hive price chart seems bullish. The data of Hive tokenomics seems bullish. So, Hive price is getting ready for bullish season.
Good days, weeks and years are coming soon.
We will see..
Posted Using INLEO
It's encouraging to see that HIVE power-up exceeds power-down.
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