1 HIVE = $0.861 USD -- Is it going back down again?

in #hive3 years ago

Screenshot_20220306-202229_TradingView.jpg
(Chart by TradingView)

In early February, Hive alligator dropped to around $0.9. Since then, however, the alligator has moved up and down again to its current price.

Currently, the MACD (Moving Average Convergence Divergence) oscillator is in a bullish position, indicating that the price of this asset is rising again.

Meanwhile, the Stochastic RSI (Relative Strength Index) oscillator appears to be moving from overbought to neutral territory. This means that the market price of this asset is moving down to its intrinsic price.

At this point, we can see that the alligator's mouth, which is originally beginning to close, has opened slightly downward. Is it going back down again, or is it time to sleep?

Let's continue following this Hive alligator adventure.

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