Author:
Platform: Hive-
Date: Sunday 6 July 2025
Category: Crypto-Market
HIVE Market Update – July 6, 2025
HIVE appears to be consolidating around the $0.20 mark after a strong start to July 2025. This sideways movement might be influenced by Bitcoin’s recent surge past $110,000 at the beginning of the month.
As of this Sunday — the first week of July — HIVE closed with a red candlestick, indicating some short-term bearish sentiment. At the time of writing, HIVE is trading at $0.206 USD.
You can view the chart here:
Currently, the Moving Averages (MA) remain inverted, which suggests that a clear bullish trend for HIVE hasn't been established yet. That said, a strange thought crossed my mind: Could large amounts of capital be shifting from HIVE into BTC ahead of its potential upward move?
Here’s another chart showing the current technical setup:
Note: This is not investment advice in any way. The information shared here is strictly for educational purposes.
Final Thoughts
- Could HIVE consolidate longer than expected, testing the patience of holders?
- Is it possible we continue to see HIVE trade below $0.20 for some time?
- In the meantime, active participation from the HIVE community could help build momentum for future growth — taking advantage of these lower prices now may pay off later.
While we wait for the next move, Hivers should stay engaged, keep building, and remain active more than ever.
That’s all for now, friends!
Thank you for your support!
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