HIVE/USDT Targets $14.3741 After Bullish Breakout
The HIVE/USDT weekly chart showcases a powerful breakout from a falling wedge, supported by strong volume and bullish EMA alignment. RSI at 80.44 reflects overbought conditions, confirming intense buying pressure. Resistance levels include $1.2935 and $3.3815 before reaching the target of $14.3741. Sustained momentum, supported by Bollinger Bands expansion and bullish sentiment, suggests a long-term upward trend. HIVE demonstrates immense potential for significant gains ahead.
The OTHERS weekly chart indicates a breakout above resistance, supported by a strong RSI of 62 and bullish stochastic signals. This suggests a potential market-wide pump. Simultaneously, HIVE/USDT broke out of a falling wedge with an 80.19 RSI and rising EMA ribbon support. With targets at $3.38 and $14.37, HIVE aligns with broader market momentum, signaling a significant upward move if "OTHERS" market cap continues its bullish trend.
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HIVE/USDT chart shows a breakout from a falling wedge, supported by strong RSI at 80, indicating bullish momentum. The EMA ribbon aligns with upward price action, signaling sustained growth. BTC.D indicates a bearish breakdown, which historically triggers altcoin rallies. HIVE’s next targets are $1.29 and $14.37, backed by robust buy volume. With BTC dominance declining, HIVE is primed for substantial gains in the coming months.
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Trade Details:
Entry: Around 0.7675 ( Join my Binance live for premium crypto signals )
1st Tp: 3.3815
2nd Tp: 14.3741
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