Hive/USDT Current Chart Analysis (January 2025)

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Hello everyone. I wanted to share with you the current version of the Hive/USDT chart that I follow. The last time I shared was in November. When I made the post in question, the Hive price was at $0.24. I took the screenshot below from the Binance Exchange data on the Tradingview site.
HIVEUSDT d.png
The chart above is on the daily time frame. The supply-demand zone below is between the price range of 0.35-0.29. The supply-demand zone above is between the price range of 0.81-0.92.
HIVEUSDT 4.png
The green supply-demand zones I have drawn below are between the price levels of 0.46-0.43 and 0.40-0.38. The supply-demand zone above is between the price range of 0.62-0.66. I will be monitoring whether the price will remain above the level of 0.4-0.43 for a possible uptrend.

I am not an investment consultant. You should make investment and trading decisions according to your own financial and psychological state. It would be more useful to see such analysis sharing as an educational study. See you again. Stay tuned.

Posted Using INLEO

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6 comments
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So from the chart, will the price rise or fall?

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It is impossible to know. You can't predict against a mob. We don't know what they are deciding right now. In a moment, 50.001% may decide to rise/fall. This decision may reverse in 2 minutes. In short; We can't know the direction of the price. We bet. And if our prediction is wrong, we take action.

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The supply-demand zone above is between the price range of 0.62-0.66.

It looks like a buy opportunity under $0.62... but don't sell for anything less than $0.62 HIVE is currently undervalued. !BBH

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Thank you for your comment. If a bull season is going to start for altcoins, these price levels are very low for Hive.

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