🐝 Hive Price Update 0.286$ 📉

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: 474
📈 Cap: 131470349 usd
📊Vol: 7177438 usd
24H -0.62835%🔴
7D 20.33488%🟢
30D 48.69988%🟢

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: $0.2898 (Price below)
• Kijun-sen: $0.2824 (Price above)
• Support Level: $0.2757
• Resistance Level: $0.2815
• ADX: 21.76 (indicating a trend strength low)
• RSI: 52.00 (indicating neutral)
• Volume Strength: -26.12%
• Annualized Volatility: 54.72%.

Interpretation:
The current price of HIVE is located above the level of the Ichimoku cloud,
indicating a trend bullish. With a volatility of 54.72%, 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 ($0.2872) 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 54.72%, 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