🚨 CRYPTO ALERT! WHAT'S HAPPENING WITH $HIVE? 🚨

The Hive cryptocurrency ($HIVE) is at the center of the storm. After sustained selling pressure, the price has plummeted and is now consolidating around $0.136 USD.

📉 DRAMATIC DROP:

In the last month: The drop exceeds 30%, losing critical support levels.

Bearish Context: The token has been under severe technical weakness, falling below key moving averages, which has triggered a wave of selling.

What's causing this crash?

Sector Pressures: Macro factors and overall crypto market volatility.

Bearish Sentiment: The breakout of key support generates fear and causes traders to take profits or limit losses.

Long-Term Movements: Despite development efforts on the Hive platform (the social media and DApp blockchain), the price has yet to reflect a change in trend.

Is it time to get into $HIVE or stay on the sidelines?

The current price of $0.136 USD represents a crucial point. Long-term investors see an opportunity, while short-term traders are watching to see if this level holds or if there's another drop to all-time lows.

Ready to read! Do you have $HIVE in your portfolio? What will you do with this drop?

Posted using LasseCash