The Ongoing Struggle of HIVE and Its Support Level

Still the crypto market path is not clear and many investors and traders are confused what to do. As I told before that this market looks easy but is never predictable nor its easy to earn from here

You need to learn much about this market in order to start guessing about the market trend and the possible moves of #Bitcoin.

In todays post, I am going to share analysis about #hive coin which is based on my knowledge and experience. As I told a week ago about #hive coin that there is possibility for #hive to reach $0.30

Unfortunately, my last prediction did not come true which I told that #hive will move on towards $0.40 in coming weeks. But because of the market down fall #hive could not manage to pump the price.

The Dynamics of #HIVE at $0.30

#hive is now around $0.30 which is the strong support right now. In the last three weeks we have seen three times rejection from this support.

I guess its third time the market is testing this price level. #HIVE is testing its support level and will decide its next move within this week.

There is much possibility for #hive to rebound from this level, the main reason is because #hive is already undervalued coin and investors won't sell below $0.30.

There is much possibility for #hive to retest the resistance level that is $0.32. My guess is that #hive will move upside to surpass $0.32 for the short term period.

What do you guys think about the #hive price? Do you think $0.30 is the strong support? Do you think market will see a good rebound from this position? Will be glad to see your answers in the comment section.

I hope you find this post useful and informative. If you do, please remember to reblog it so that it reaches as many people as possible and that they can benefit the most from it. Also, remember to upvote, which will help me financially and grow my account.

NOTE: IMAGES ARE TAKEN AND EDITED IN CANVA.

Thank You!
Best Wishes.



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