The $HIVE /USDT pair is currently trading at $0.2912, marking a significant increase of 15.97% over the past 24 hours. The price has experienced a high of $0.3006 and a low of $0.2491 during this period.
The Relative Strength Index (RSI) is exceptionally high at 96.54, indicating that $HIVE is in overbought territory, which suggests a potential correction may occur soon. The KDJ indicator shows a strong bullish momentum, with the K line well above the D line, signaling that buying pressure remains robust.
Traders should exercise caution due to the high RSI level, as it may lead to a pullback. Monitoring key support levels will be crucial for managing risk in the current market environment.
