Hive Price seems as stable between 0.36-0.33 USD. It is being traded in this range for a month.. Lots of cryptos pumped after FTX Fud and Hive price is traded in low range...
Here you can see great resistance coming from December 2021. It is great resistance that is 1 years old. It may be broken up in Santa rally..
There is also uptrend line coming from FTX Fud. It should be broken down until Santa rally If it happens..
Hive price will decide its direction. The move will be huge after this decision...
So, we may see Santa rally or Santa Dump..
What do you think? What do you choose?
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In higher time frames like 1 month or 3 months, I can see a path for 0.25$$
I think there is another Bear leg until it reaches the bottom.
IF hive reaches 0.44$ before the dump, I will sell there.
I choose santa rally but since all of us are expecting it to happen I doubt it will.