Hive price went down from 0,27 USd to 0,21 USD in this month. There was great support line the middle line of depression zone, supported Hive price. Hive is trying to stay above this great support.

Here you can see daily chart of Hive price and my draft. I shared this draft a few years ago and It worked as well. When we look at this draft, Hive price appears blose to the bottom. It may be great level to pick up. You can see what happened when Hive price is below the middle line of depression zone. It is great level to pick up.


![e1.PNG](https://files.peakd.com/file/peakd-hive/chorock/Eo44KDtvuWNqUZnuNED8FYcErAUrYmaLyPTdWBYQRiLRgWZ3Pa5TYbJ3LB3aCHn99N3.PNG)

Here you can see the indicators on daily chart of Hive price. There is great bowl pattern on RSI Indicator. This pattern began from 0,70 USD, where Hive price touched the top level in 2025. This patter will end at the end of this year.

We may see touching the bottom of this pattern in a few days. It will be great chance to pick up discounted Hive. MACD and Fisher Indicators are not at good level for bullrun. They need time to get ready for bullrun.

![e2.PNG](https://files.peakd.com/file/peakd-hive/chorock/23swkNnBDA37mxZx9Sr6xnkFEqFbXZbgMyZD4v8WKimNYCQ96NLroTYJR4MVftAuc93ib.PNG)

So, Hive price may enter mega bullish season until end of this year. When we look at the indicators we can see it. It may be great level and time to pick up discounted Hive in this level and time.

We will see..

Posted Using [INLEO](https://inleo.io/@chorock/hive-price-is-supporting-by-the-middle-line-of-depression-zone-e4f)