Hive Price in Under Consolidation by chorock

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hive-167922 · @chorock · Dec 5 '21

$32.91

Hive Price in Under Consolidation

After Hive price broke records, it is under consolidation. This is the 6th day of dropping... In addition to the decrease in Bitcoin price in this process, the price has dropped quite a bit from the top...

Here is daily chart of Hive. MACD indicator is turned and RSI support line coming from end pf September, broken down.

![Ekran Resmi 20211206 00.03.57.png](https://images.hive.blog/DQmTRdAU9k5T3PUd2z2KpA6o7fDbJCbQ9haUQnCtieFiiba/Ekran%20Resmi%202021-12-06%2000.03.57.png)

[SPK Network Airdrop](https://peakd.com/hive-112019/@spknetwork/spk-network-or-larynx-miner-claim-drop-90-days-until-snapshot) is on 6th January. This price consolidation will be during at the end of December and We may see the new ATH before airdrop!

I see lots of traders buying Hive in Telegram groups. Hive is getting more popular by Web 3.0 hype. It is still undervalued crypto and gem.

Here is 4-hour chart of Hive and Market Maker and bots are on arena...

There is a perfect resistance line. Lots of traders are following this trend line...


![Ekran Resmi 20211206 00.16.23.png](https://images.hive.blog/DQmP287RwyKS3XucbPvnWkV6KZkZMwAU27yFD6nhX8Zqv4M/Ekran%20Resmi%202021-12-06%2000.16.23.png)

For mid-term, Hive price is on support line is RSI indicator.

It may make last move before airdrop...

![Ekran Resmi 20211206 00.18.44.png](https://images.hive.blog/DQmPnZUs5yjM8bcJRS39jmr2ogDPuAsdwC63APEwZ1AcRZL/Ekran%20Resmi%202021-12-06%2000.18.44.png)

Thanks to airdrop, Hive is getting more popular crypto for traders. More traders is more volume. More volume is more power...



Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@chorock/hive-price-in-under-consolidation)

👍 leo.voter, geekgirl, smasssh, muratkbesiroglu, chorock, deepu7, marcusantoniu26, kirstin, kryptodenno, barmbo, johannpiber, mauromar, abbak7, leveragetrading, andyjaypowell, pele23, thales7, abduhawab, harkar, joetunex, steliosfan, dine77, costanza, friendlymoose, toofasteddie, nainaztengra, munawar1235, mitchtokita, syedumair, ivet, ahmetay, pixresteemer, khaimi, pixelfan, damla, horpey, kimzwarch, ew-and-patterns, jimcustodio, bilimkurgu, goddesseva, roleerob, benedict08, jimmy.adames, broadhive-org, break-out-trader, anadolu, worldcapture, baycan, anroja, gadrian, adriansky, sbi3, bjornb, stackin, imno, sapphirecrypto, sportfrei, occidae, ladynazgool, babytarazkp, hickasamam, midun, snlbaskurt, and 34 others

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ctpsb.leo	685,864,077	100%
liotes.leo	641,680,774	100%
freeztag	1,975,910,689	100%
broadhive-org	12,240,521,634	60%
imno	4,859,868,098	30%
robertmendontza	145,910,720	100%
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occidae	4,640,071,944	100%
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ruralio	776,948,016	100%
trasto	750,875,055	5%
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@acesontop · Dec 6 '21

I guess you were saying a few days ago that it mig...

I guess you were saying a few days ago that it might correct to $1.5. Here you have it...
I believe as well that before the airdrop there will another serious pump. However, as traction for WEB 3.0 rises, the price will appreciate on the long term.

 Posted using [LeoFinance Mobile](https://leofinance.io)

properties (22)

@chorock · Dec 6 '21

Yes I said 1.5 usd is at bowl pattern target. If BTC allows, hive may test ATH again before airdrop

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@hivebuzz · Dec 6 '21

Congratulations @chorock! You have completed the following achievement on the Hive blockchain and have been rewarded with new badge(s):

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<sub>_You can view your badges on [your board](https://hivebuzz.me/@chorock) and compare yourself to others in the [Ranking](https://hivebuzz.me/ranking)_</sub>
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**Check out the last post from @hivebuzz:**
<table><tr><td><a href="/hivebuzz/@hivebuzz/st-nicholas-2021"><img src="https://images.hive.blog/64x128/https://i.imgur.com/kZrbhtz.png"></a></td><td><a href="/hivebuzz/@hivebuzz/st-nicholas-2021">Saint-Nicholas challenge for well-behaved girls and boys</a></td></tr><tr><td><a href="/hivebuzz/@hivebuzz/pud-202112-feedback"><img src="https://images.hive.blog/64x128/https://i.imgur.com/zHjYI1k.jpg"></a></td><td><a href="/hivebuzz/@hivebuzz/pud-202112-feedback">Feedback from the December 1st Hive Power Up Day</a></td></tr><tr><td><a href="/hivebuzz/@hivebuzz/pum-202111-final"><img src="https://images.hive.blog/64x128/https://i.imgur.com/lpF7k06.png"></a></td><td><a href="/hivebuzz/@hivebuzz/pum-202111-final">Hive Power Up Month Challenge - Winners List</a></td></tr></table>

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@pixresteemer · Dec 5 '21

<center>![pixresteemer_incognito_angel_mini.png](https://files.peakd.com/file/peakd-hive/pixresteemer/8h7BBw1w-pixresteemer_incognito_angel_mini.png)</center><center>Bang, I did it again... I just rehived your post!</center><center>Week 84 of my [contest](/hive-179017/@pixresteemer/the-re-hive-contest-results-week-83-and-start-week-84) just started...you can now check the winners of the previous week!</center><center>!LUV</center><center><sub>2</sub></center>

properties (22)