While CryptoMarket is recoverying, Hive Price is going up slowly... The Hive Price cannot make a quick return in market reversals. It is trying to get ready for long bullish run.
Yes, We may be in the time of getting ready for bullish run..
Mosth of cryptomarket went up more than 30% in this week. Hive is going up slowly...
There is a descending triangle in Hive Price chart. We need to wait price to break up downtrend line..
Here is my the most favourited technical analysis for longterm. 8-Week moving average is so important to see longterm. Hive Price is still under 8-week MA. You can see what happened when Hive Price went up 8-Week MA in July...
MACD Indicator is also starting reversing...
Hive Price is getting ready for longterm bullish run. April will be good month for Hive.
We will see..