Hive price was in depression zone during 2024. I shared lots of analysis and drew drafts on Hive price chart. After touching 0,70 USD, Hive price went down and touched the middle line of depression zone where is at 0,21 USD. The top level of Hive price is at 0,26 USD. Hive price stucked into these levels during Trump FUDs on market.

Here you can see daily chart of Hive price and my drafts. There was bearish trap on Hive price chart while breaking down the middle line of depression zone. It is great level to pick up Hive before altcoin season..




![e1.PNG](https://files.peakd.com/file/peakd-hive/chorock/Eo1vv2b6rS9cJu8jKohumStgtUXyiuA4qKAFU7F76DrvHj4vQEWv72WWMMhB5LWsgQ4.PNG)

Here you can see the indicators on daily chart of Hive. Fisher Indicator is on the top and ready to reverse down. There is uptrend line on MACD Indicator.. When Fisher Indicator reverses down, We will see breaking down on uptrend line of MACD Indicator. 

When this scenario happens, Hive price may test again to break down the middle line of depression zone.

![e2.PNG](https://files.peakd.com/file/peakd-hive/chorock/EnyoS39Gt9jNgTybWChRaeFshQeL8xzrjeVbSsLg7vqWXWBa1CEhohNQ84xQVotgC6n.PNG)

I shared lots of analysis about Hive price chart and said Hive will be the star of altcoin season. So, It is great zone to pick up discounted Hive. I hope we will not see Hive price the bottom level of depression zone.

We will see..


Posted Using [INLEO](https://inleo.io/@chorock/hive-price-stucked-between-top-level-of-depression-zone-69b)