Even Bitcoin price is going up to break up all time high, altcoins don't follow Bitcoin. They are going down when Bitcoin price gets volatility. Hive price was the great performancer crypto in this year. It went up at the beginning of this year. After touching 0.66 USD, Hive price entered smal price correction even Bitcoin touched 89K USD..
Here you can see daily chart of Hive price. Hive price broke down the middle line of Bollinger bands in daily chart. It was one of great supporter for price. Hive price should go up to break up this resistance again. Hive price should stay above this support line to continue bullish run. If not, Hive price will enter price correction for midterm. Altcoin season should start in next week with good news on market. Hive price also shows us the importance of the beginning date of altcoin season.
Here you can see weekly chart of Hive. Fisher Indicator is on the top and reversed. If we see red candle in next week in weekly chart of Hive, we may enter price correction for Hive and all altcoins. It doesn't matter if Hive price stays above 0.40 USD. As I said, when Bitcoin price gets high volatility, altcoins are melting. So, we may see same scenario in next week. Because there is major news for crypto and all stock market in the World. Because Trump is coming..
Even we see red candle in next week, there is no problem for Hive. Hive is in bullish trend for long term. We are only at the beginning.
We will see..