Hive is looking strong bullish and is currently trading at $0.2759 and at its strong resistance level. Its testing this level and a breakout will take the price above $0.3.
Yesterday, we see a good movement in the price and a good volume is seen. The volume is gradually increasing which is a good sign. A rise of 5% from Yesterday and is now testing its key resistance.
A good breakout with a good volume will start a new bullish rally which might take the price to the $0.5 levels. We must be prepare for this bull rally and keep sure to book profits at every levels.
In other scenario, if its rejected from this resistance then the price might go to $0.264 to retest its support level. This can also be a retracement for the continuation of bull rally.
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