Hello everyone,
I wanted to share an update on the current state of Hive. 🚀
Source:
Graph data source 👉 binance.com "
Fear & index data source 👉 alternative.me
hive other data source 👉 coingecko.com
Data
🥇rank: 480
📈 Cap: 134486221 usd
📊Vol: 9542981 usd
24H 0.69585%🟢
7D 18.85351%🟢
30D 55.45026%🟢
For more information, you can visit the following links:
🔗 Hive
🔗 Hive Explorer
Actual Bitcoin fear & greed index:
HIVE/USD Market Analysis.
- Current Trend: Bullish (Cloud color: 🟢)
- Tenkan-sen: $0.2885 (Price above)
- Kijun-sen: $0.2824 (Price above)
- Support Level: $0.2757
- Resistance Level: $0.2782
- ADX: 32.87 (indicating a trend strength high)
- RSI: 54.56 (indicating neutral)
- Volume Strength: 44.21%
- Annualized Volatility: 54.71%.
Interpretation:
The current price of HIVE is located above the level of the Ichimoku cloud,
indicating a trend bullish. With a volatility of 54.71%, it is advisable to monitor the price levels around the
Tenkan-sen and Kijun-sen to detect signs of strengthening or possible reversal.The MACD indicates increasing bearish momentum, which could signal weakness in the current trend.Personal Considerations:
The HIVE market is showing positive signs, with the current price ($0.2925) above the Kijun-sen ($0.2824).
This may suggest a bullish trend, and with the Tenkan-sen supporting further upward movement, we may see
an uptrend in the coming days. However, with a volatility of 54.71%, it remains important to monitor any
sudden retracements. The current Ichimoku cloud (Kumo) shows a solid structure, with support in the area of
of $0.2757.
For now, the trend seems to be in favor of the bullish, but I will continue to follow closely to see if it will hold
above this support.
Link of analisys: Bitcoin-Fear---Greed-Index---Historical-Data
Link of volume analysis: Hive-Volume-Analysis