Hive Price Cant Break 100-Day Moving Average

in hive-119463 •  4 years ago  (edited)

Hive prices seem to be in great preparation. It seems to be making the last moves for the uptrend that has completed her search for the bottom. The price has been stuck between 10-12 cents for days. 100-day moving average acted as resistance in every bullish effort. The 100-day moving average dropped to 13 cents.

While this jam is taking place, big whales may have collected hive tokens at these prices. If my prediction is correct, the rally may start soon. Because this jam will certainly break in one direction.

As you see the daily chart below, RSI is increasing. If it rises above 60 and spend times, Bullish trend can start.

Ekran Resmi 20210110 21.08.02.png

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