Market Overview for Hive (HIVEUSDT) – 24-Hour Analysis as of 2025-08-26
• HiveHIVE-- traded in a tight 24-hour range between $0.1963–$0.2043, consolidating after a sharp selloff.
• A key bullish reversal pattern formed near $0.1963, with volume surging on the rebound.
• RSI and MACD signaled oversold conditions, hinting at short-term stabilizing momentum.
• BollingerBINI-- Bands contracted early, followed by a breakout attempt to the upside in late ET hours.
• Turnover surged during the $0.2001–$0.2008 move, indicating short-term buying interest.
Hive opened at $0.2074 on 2025-08-25 12:00 ET and traded as high as $0.2080 before retreating to a low of $0.1963. The pair closed at $0.2027 on 2025-08-26 12:00 ET. Total 24-hour volume stood at 3,049,354.0, with a notional turnover of $599,325.80.
Structure & Formations
The 24-hour period saw Hive form a key bullish reversal pattern near the $0.1963 level, with a long lower wick and confirmation in the following candle. This level now appears to act as a near-term support. On the upside, resistance is emerging around $0.2032, where a bearish engulfing pattern stalled a rally early on 2025-08-26.
Moving Averages
On the 15-minute chart, Hive closed above both the 20- and 50-period SMAs, indicating short-term bullish momentum. On the daily chart, it remains below the 50, 100, and 200-day SMAs, suggesting medium-term bearish pressure.
MACD & RSI
The MACD line turned positive during the final hours of the period, confirming a short-term recovery. RSI, which had dipped into oversold territory below 25, has since rebounded toward neutral levels. However, a bearish crossover in the MACD histogram suggests caution on further upside.
Bollinger Bands
Volatility began the day in a tight contract phase, with price oscillating within a narrow range until 04:00 ET. A breakout attempt followed, with Hive rising above the upper band briefly before retreating. The closing price remains just below the upper band, signaling continued volatility.
Volume & Turnover
Volume spiked during the rebound from $0.1963 to $0.2008, confirming a short-covering phase. However, turnover has shown some divergence, with less-than-convincing buying pressure during the rally above $0.2000. This suggests mixed sentiment ahead of a potential breakout.
Fibonacci Retracements
Fibonacci levels drawn from the $0.1963 low to the $0.2080 high show 38.2% at $0.2027 and 61.8% at $0.2003. Hive appears to have found near-term resistance at the 38.2% level on multiple occasions, suggesting it could act as a pivot point for near-term traders.
Looking ahead, Hive may test $0.2027–$0.2032 as a key resistance cluster. A breakout above $0.2032 could invite further buying, but a failure to hold above $0.2003 may see renewed bearish pressure. Investors should remain cautious of mixed momentum signals and watch for volume confirmation on any directional moves.
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