Hive Price Restested Again The Top Line of Great Descending Channel

Hive price was in great descending channel after 10th October crypto market crash. Hive price touched 0,03 USD level as all crypto. Lots of crypto reached all time low level. After touching this level, Hive price was in great descending channel.

Here you can see daily chart of Hive price. Even Hive price broke up the top line of great descending channel, 200-day moving average resisted Hive price and Hive price reversed down again. While Bitcoin price went down from 80K to 60K, Hive price reversed down and touched the top line of this great descending channel.

Here you can see the indicators on daily chart of Hive price. Fisher Indicator is close to the bottom and trying to reverse up. MACD Indicator is below 0 level and trying to reverse up. There was great downtrend line on RSI Indicator. Even it is broken up, we have not seen bullish trend on Hive price chart.

Even crypto market goes down, Hive price is trying to be solid. The top line of this great descending channel is great supoort for Hive price chart.

We will see..