Hive Price Can not Break up the Top Line of Depression Zone Even Market is Bullish

Even Market is so bullish, Hive price can not break up the top level of depression zone. This why market has not entered mega bullish season. Hive price chart can show us clearly the future.

Here you can see daily chart of Hive price. I shared my draft a few years ago and It worked as well. Hive price stuck into depression zone. If it breaks up the depression zone, Hive will enter mega bullish trend. Market should enter mega bulish trend. Even most of crypto went up more than 2x from the bottom, Hive price went up only 40% from the bottom.

Here you can see the indicators on daily chart of Hive. There is bowl pattern on RSI Indicator. Hive price may try to touch this pattern to be supported. So, we may see price correction of mini bullish move on Hive price chart.

There is uptrend line on MACD Indicator and It will be broken down if we see a few daily red candles.

So, bullish trend of market may be fake. When we look at Hive price chart we can see this. Hive is still in depression zone. If it breaks up, Hive price will go up to 0,70 USD again. This is why Hive price is in depression zone.

We will see..