๐Ÿ’ฏ๐Ÿšจ๐Ÿ”ฅ $HIVE /USDT

A Market Leader in Momentum

The #HIVE /USDT trading pair has showcased a strong bullish momentum, with the price currently sitting at $0.6197, reflecting an impressive 17.68% increase over the past 24 hours. The sessionโ€™s high reached $0.6896, with the lowest price recorded at $0.5119, signaling significant market activity. Volume metrics also support this surge, with over 221.36M HIVE traded in the last 24 hours, equating to a USDT volume of $138.08M.

The hourly chart reveals a notable spike in price as the candle broke above the middle Bollinger Band (MB) at $0.6271, briefly touching the upper band at $0.6586. The price retraced slightly but remains well-positioned above key moving averages, indicating potential for further upside. Traders should monitor the narrowing Bollinger Bands, which hint at possible price consolidation before another breakout.

๐Ÿ’ธ๐Ÿšจ๐Ÿ’ธ๐Ÿ’ธ $FIRO /USDT: Sustained Growth in Focus

The #FIRO /USDT trading pair has gained traction, climbing to $2.243, marking a 12.15% surge in the last 24 hours. The pair recorded a session high of $2.347 and a low of $1.976, reflecting heightened volatility. Trading volume highlights robust activity, with 3.88M FIRO exchanged, amounting to $8.45M in USDT.

The technical setup on the hourly timeframe indicates a breakout above the Bollinger Bandโ€™s middle line at $2.069, with strong support forming near the lower band at $1.896. This price action is reinforced by a spike in trading volume, signaling buyer confidence. As FIRO approaches resistance near its recent high, traders should keep an eye on momentum indicators for potential retracement or continuation patterns.

#CryptoTrading #MarketAnalysis #HIVE #FIRO #TechnicalBreakout