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)