With the recent surge in HIVE price it is hard to make any sense out of the daily chart in regard to making support and resistance targets. In fact, really there isn't much to work with there yet, thus...
4 Hour Hive Chart!!!
Looking at the chart above you can see clearly the levels that are carving out. To the downside there is the $2 area that price came back and tested twice before pushing higher.
Then on the upside we have roughly $3 acting as a new resistance as price also hit that twice and retraced.
So for the moment that is the new range until we can more price action on the daily.
I will say this, after being in HIVE for the long haul it is pretty sweet to be talking about a price range between two and three dollars!
A long time coming, gonna enjoy the ride.
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I'm fine with this price range as well, but you know what, we deserve even more. Look at so many projects out there that their tokens have seen such a beautiful uptrend in price, why wouldn't HIVE be in that position.
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It's so awesome when I hear people say "hive has crashed to $2.5".
Definitely not a bad price to crash into.
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I'm seeing the price of Hive retesting, according to the chart Hive is going to touch the support before turning back again to bull market.
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I totally agree and it's really great to see Hive consistently above $2 but for me Hive's value is still very undervalued
I'm curious to see Hive's price as we approach January 6 when the 3speak and call me dan airdrops will affect the value.
What do you say it might catch a new ATH?
I hope so :)
!BEER
!PIZZA
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