It looks like the Hive have found a new support at $1.1133 and the RSI is at the oversold level on the one day chart and so we might see some reversal which will make the market to become bullish on the one day time frame,
But the MACD is not displaying a bullish signal for now, it is still showing a bearish market of the HIVE but the RSI on the day one day chart is already showing that there might be a possible bullish market on the way and so we should wait for the Market to close above the support price for us to confirm if the bullish signal is strong but a close a below the support zone which is at $1.1133 will be a continuation of the bearish trend and that will make the price to even go lower to $1.0376..But for now I believe the signals that the RSI is displaying right now on the one day chart..
The hive market is still showing a possibility of going back up.
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