After Hive price broke records, it is under consolidation. This is the 6th day of dropping... In addition to the decrease in Bitcoin price in this process, the price has dropped quite a bit from the top...
Here is daily chart of Hive. MACD indicator is turned and RSI support line coming from end pf September, broken down.
SPK Network Airdrop is on 6th January. This price consolidation will be during at the end of December and We may see the new ATH before airdrop!
I see lots of traders buying Hive in Telegram groups. Hive is getting more popular by Web 3.0 hype. It is still undervalued crypto and gem.
Here is 4-hour chart of Hive and Market Maker and bots are on arena...
There is a perfect resistance line. Lots of traders are following this trend line...
For mid-term, Hive price is on support line is RSI indicator.
It may make last move before airdrop...
Thanks to airdrop, Hive is getting more popular crypto for traders. More traders is more volume. More volume is more power...
Posted Using LeoFinance Beta
Congratulations @chorock! You have completed the following achievement on the Hive blockchain and have been rewarded with new badge(s):
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
STOPCheck out the last post from @hivebuzz:
I guess you were saying a few days ago that it might correct to $1.5. Here you have it...
I believe as well that before the airdrop there will another serious pump. However, as traction for WEB 3.0 rises, the price will appreciate on the long term.
Posted using LeoFinance Mobile
Yes I said 1.5 usd is at bowl pattern target. If BTC allows, hive may test ATH again before airdrop