Market Overview for Hive/Bitcoin (HIVEBTC): 24-Hour Summary as of 2026-01-08

Generated by AI AgentAinvest Crypto Technical RadarReviewed byAInvest News Editorial Team
Thursday, Jan 8, 2026 6:28 am ET1min read
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Aime RobotAime Summary

- HIVEBTC traded in a 1.14e-06 to 1.23e-06 range, repeatedly testing 1.21e-06 resistance and 1.17e-06 support without breakout.

- Volume spiked to 35,055 HIVE during consolidation but failed to drive price beyond key levels, with RSI near neutral 50.

- Bollinger Bands contracted during low volatility, while Fibonacci analysis highlighted 1.17e-06 as critical 61.8% support level.

- Market remains range-bound with 50/100-period moving averages converging at 1.17e-06, signaling potential near-term stability.

Summary
• Price remained in a tight 5-minute range between 1.14e-06 and 1.23e-06, with a bullish breakout attempt seen during early trading.
• Key resistance at 1.21e-06 and support at 1.17e-06 were tested multiple times, with no clear breakouts.
• Volume surged to 35,055 units during a consolidation phase, but failed to confirm sustained momentum.
• RSI hovered near 50, indicating neutral momentum, while Bollinger Bands constricted during quieter periods.
• Turnover spiked during a 1.2e-06 consolidation but remained below critical breakout thresholds.

The Hive/Bitcoin (HIVEBTC) pair opened at 1.15e-06 on 2026-01-07 1700 ET and reached a high of 1.23e-06 before closing at 1.17e-06 on 2026-01-08 12:00 ET. Total volume for the 24-hour period was 350,550.0 HIVE, with a notional turnover of approximately 0.41 BTC.

Structure & Moving Averages


On the 5-minute chart, price action formed a tight range between 1.14e-06 and 1.23e-06, with multiple retests of the 1.21e-06 resistance and 1.17e-06 support.
The 20-period and 50-period moving averages crossed within this range, suggesting no clear short-term trend. On the daily chart, the 50- and 100-period moving averages appear to converge near 1.17e-06, offering potential near-term support.

MACD and RSI Indicators


The MACD remained near the zero line with no clear divergence from price, indicating mixed momentum. RSI fluctuated between 45 and 55 over the 24-hour period, reflecting neutral to slightly bullish conditions without entering overbought or oversold territory.

Bollinger Bands and Volatility


Bollinger Bands showed a contraction during quiet periods and expanded during surges in volume, particularly around 02:15 and 09:00 ET. Price remained within the bands for most of the session, suggesting low volatility and range-bound behavior.

Volume and Turnover Analysis


Volume peaked at 35,055 HIVE during a consolidation phase near 1.18e-06 but failed to drive price beyond key resistance levels. Notional turnover also spiked during this period, indicating increased interest, though not enough to break out. Divergence was observed between volume and price during a false breakout near 05:45 ET.

Fibonacci Retracements

Fibonacci levels drawn from the recent 5-minute swing high of 1.23e-06 and low of 1.14e-06 placed 1.17e-06 at 61.8% and 1.21e-06 at 38.2%, suggesting the close near 1.17e-06 marks a critical level of interest.

The market appears to be testing key support and resistance levels ahead of a potential breakout. Investors should monitor volume and momentum indicators for confirmation of a sustained move in either direction. While the current range-bound pattern appears stable, a failure to break above 1.21e-06 or below 1.14e-06 could result in renewed consolidation. As always, traders should be mindful of liquidity risks in lower-volume pairs like HIVEBTC.