Hive (HIVEUSD) Price Is Going Long

Hive (HIVEUSD) Price Forecast: January 13

HIVEUSD price is going long as it remains stuck in a bullish trend. The coin price sends clear bullish signals trading above the EMA line, indicating that buyers are making solid progress. The crypto gave a bullish breakout from the $0.496 to $0.623 value amidst market correction and a recovery attempt, suggesting buyers are making a recovery attempt. Consequently, if the cryptocurrency’s price remains above the $0.681 high level, the possible rally could accelerate to the $0.700 upper resistance level, hinting at a potential bullish continuation.

Key Levels:
Resistance Levels: $0.600, $0.650, $0.700
Support Levels: $0.310, $0.300, $0.290

HIVE (USD) Long-term Trend: Bullish (Daily Chart)

The long–term chart of HIVEUSD shows that the price is going long. The coin price is above the moving average, making higher highs and higher lows, indicating an uptrend. The upward trend will likely continue following the increasing volume by the bulls.
The bulls’ successful breakout to the $0.663 high level has contributed to the crypto price going long at its recent high.

The Hive price is going long, as seen from the daily chart. Buyers pushed the token price to the $0.623 supply value above the EMA-50 to open today’s daily chart, trying to replenish the bullish momentum. Thus, if this bullish growth pattern is steady, an established uptrend will be achieved, reaching its all-time high of $0.681.

Additionally, due to an upward momentum shown by the price indicator, the HIVEUSD might continue going long to reach the $0.700 upper high level soon, offering a good buy entry opportunity in its long-term outlook.

HIVE (USD) Medium-term Trend: Bullish (4H Chart)

Despite the interference of the short traders, the Hive price is going long on the medium-term chart. The price currently trades above the EMA, making higher highs and moving towards the upper resistance area.
The successful breakout by the bulls to the $0.501 supply value in the last action has contributed to the HIVEUSD market going long and retaining its bullish strength lately.

Today, the coin price trades at a $0.597 high value above the EMA-50 as the 4-hourly chart opens, resulting in an intraday gain.

Hence, a breakout from the $0.597 current supply to hit the $0.681 previous barrier level could attract momentum buyers to propel the price toward the upper channel, indicating a strong possibility for a bullish correction.

Notably, the Hive price is going long, and this may continue as shown by the daily signal pointing upwards. Therefore, we expect the upward rally to reach the $0.700 upper resistance trend line soon in its medium-term outlook.

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