📈 Daily TA: HIVE/USD | 23-04-2021

Hello, dear members of LeoFinance!

Today, I would like to make a small update on my previous analysis of HIVE.

In the daily chart (1D), HIVE/USD has dropped to the 90-day Moving Average (MA 90):

Definitely, in the short term, the price of HIVE will receive support from the MA 90 but the question is if the price will be able to reverse the decline from the MA 90 and resume the price increase.

If I spot a potentially bullish signal indicating price increase renewal I will write another update.

To be continued ...

As of the time of writing, one HIVE costs approximately $0,4336 on the Binance crypto exchange, according to TradingView.

A few words about me:

Just to let you know: I've been working professionally as a currency analyst for last almost 15 years, and as a cryptocurrency analyst for last almost 4 years.

Important!

Keep in mind, that thoughts expressed here are my own, and they should not be regarded as recommendations for any cryptocurrency/commodity trades, investments and etc.

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