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Hive Price is on Support Line - It May Be Dip Before Airdrop by chorock

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hive-167922 · @chorock ·
$29.12
Hive Price is on Support Line - It May Be Dip Before Airdrop
Hive Price is going down day by day due to BTC price down. Today is 10th day red candle. It is great time to be close to green candle. Hive price is under consolidation and It may be ended in a few days...

Hive Price is in 2nd channel. It may not retest the 1st channel top...

![Ekran Resmi 20211208 23.06.13.png](https://images.hive.blog/DQmNok1CGMc3dCfd2U5R9tbk4cGHhD8syydNwg3si6ywZAB/Ekran%20Resmi%202021-12-08%2023.06.13.png)

Here is daily chart of Hive. RSI is on bullish trend line and touched support line. As I said It is 10th red candle and green candle is so close...

![Ekran Resmi 20211208 23.12.06.png](https://images.hive.blog/DQmVs1JEtQ2kjmejcM2QmdtKC33kkNeiLuGSiF31xhTopZB/Ekran%20Resmi%202021-12-08%2023.12.06.png)

When we see green candle, we may up to 8-day MA.

![Ekran Resmi 20211208 23.15.06.png](https://images.hive.blog/DQmWMFEn2gGwrjvsmeTRNbfo7ixtbpBALZ2aWFvExvyicNG/Ekran%20Resmi%202021-12-08%2023.15.06.png)

We may see new ATH before [SPK Network Airdrop ](https://peakd.com/hive-112019/@spknetwork/spk-network-or-larynx-miner-claim-drop-90-days-until-snapshot). We need a few days to complete consolidation...

Let's see..

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@chorock/hive-price-is-on-support-line-it-may-be-dip-before-airdrop)
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vote details (104)
@acesontop · 
So much red candles and it's still over $1.5. 

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@acesontop/re-chorock-6qbcy7)
👍  , , ,
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@gulia.peito · 
So much red candles, hope soon we see green light for hive)
Thanks for post. Now I have more clear view on situation.
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@manny-uncharted · 
Let's anticipate it's ATH
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@pixresteemer · 
<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>!PIZZA</center><center><sub>6</sub></center>
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@pizzabot · 
<center>PIZZA! 

PIZZA Holders sent <strong>$PIZZA</strong> tips in this post's comments:
@pixresteemer<sub>(6/8)</sub> tipped @chorock (x1)

<sub>Please <a href="https://vote.hive.uno/@pizza.witness">vote for pizza.witness</a>!</sub></center>
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@sapphirecrypto · 
It's still up around 100% from recent levels, so that is at least encouraging. A long-term view thankfully removes the anxiety ;)
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