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The Price of Hive Moved to Fast for the Chart!

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scaredycatguide
@scaredycatguide
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With the recent surge in HIVE price it is hard to make any sense out of the daily chart in regard to making support and resistance targets. In fact, really there isn't much to work with there yet, thus...

4 Hour Hive Chart!!!

Looking at the chart above you can see clearly the levels that are carving out. To the downside there is the $2 area that price came back and tested twice before pushing higher.

Then on the upside we have roughly $3 acting as a new resistance as price also hit that twice and retraced.

So for the moment that is the new range until we can more price action on the daily.

I will say this, after being in HIVE for the long haul it is pretty sweet to be talking about a price range between two and three dollars!

A long time coming, gonna enjoy the ride.

Posted Using LeoFinance Beta