![This graph was generated by my program skill](https://cdn.steemitimages.com/DQmW96tDWThXef8zRAdYBgdMZXgD7mkEptai82CtAaxqG2t/image)
Hello everyone,
I wanted to share an update on the current state of Hive. π
Source:
Graph data source π <a href='https://api.binance.com/api/v3/klines?symbol=HIVEUSDT&interval=4h&startTime=1726131668535&endTime=1731405668535'> binance.com </a>"
Fear & index data source π <a href='https://api.alternative.me/fng/'> alternative.me </a>
hive other data source π <a href='https://api.coingecko.com/api/v3/coins/hive'> coingecko.com </a>
**Data**
π₯rank: 515
π Cap: 98567423 usd
πVol: 5057955 usd
24H 5.17801%π’
7D 26.39814%π’
30D 8.14284%π’
For more information, you can visit the following links:
π <a href='https://hive.io/'> Hive </a>
π <a href='https://hiveblockexplorer.com/'> Hive Explorer </a>
Actual Bitcoin fear & greed index:
![Fear & index image generated by my programming skill](https://cdn.steemitimages.com/DQmbnmLoY6RGyzHZzxZz3qzwALBh5fcpYQMXQYhXqZagGc8/image)
**HIVE/USD Market Analysis**.
- **Current Trend**: Bullish (Cloud color: verde)
- **Tenkan-sen**: $0.2071 (Price above)
- **Kijun-sen**: $0.2011 (Price above)
- **Support Level**: $0.1639
- **Strength Level**: $0.2420
- **Annualized Volatility**: 23.40%.
**Interpretation**:
The current price of HIVE is located above the level of the Ichimoku cloud,
indicating a trend bullish. With a volatility of 23.40%, it is advisable to monitor the price levels around the
Tenkan-sen and Kijun-sen to detect signs of strengthening or possible reversal.
**Personal Considerations**:
The HIVE market is showing positive signs, with the current price ($0.2119) above the Kijun-sen ($0.2011).
This may suggest a bullish trend, and with the Tenkan-sen supporting further upward movement, we may see
an uptrend in the coming days. However, with a volatility of 23.40%, it remains important to monitor any
sudden retracements. The current Ichimoku cloud (Kumo) shows a solid structure, with support in the area of
of $0.1782.
For now, the trend seems to be in favor of the bullish, but I will continue to follow closely to see if it will hold
above this support.
**Conclusions**:
If price continues to respect the support and resistance levels defined by the Ichimoku cloud, the trend could maintain
its current direction. However, a break of Tenkan-sen or Kijun-sen to the downside could signal potential
weakness in the market.
Link of analisys: <a href='https://tasuboyz.github.io/Bitcoin-Fear---Greed-Index---Historical-Data/'> Bitcoin-Fear---Greed-Index---Historical-Data </a>
Link of volume analysis: <a href='https://tasuboyz.github.io/Volume-Analisys/'> Hive-Volume-Analysis </a>