Almost every coin goes down but we have a exception for you. Stable upward trend since middle of the March 2018. WOW!
Another coin (after Zencash) which is growing slowly but surely. Coincidence? Don't think so.
PIVX stands for Private Instant Verified Transaction. PIVX is an anonymity-based cryptocurrency created out of a fork of DASH. However, instead of using Proof-of-Work (PoW), it uses a custom Proof-of-Stake (PoS) system. This means that PIVX cannot be mined but you may earn a reward by staking it in your online wallet. PIVX inherited all the technical features of DASH such as masternodes, instant send and private transfer. It has a block time of 60 seconds and has a fixed reward size per block that uses a custom Seesaw Algorithm that dynamically alters the reward split between masternode and staking nodes.
They base on the community developers and have decent market cap which is right now around 200 mln $. Nice.... Isn't it? They have strong development team on coingecko (rating 79%) which is close to Quantum, Digibyte and Ethereum Classic. Quite big number of followers on Twitter (over 60k) and still growing.
We think this might be one of the few coins which will grow in stable way for next couple of weeks.
Here are some technical analisys details:
Postivie MACD convergence
Growing volume = growing interest
SMA6 crossed SMA20 = bull's cross
ABC Elliot Waves pattern finished - 1,2,3,4,5 Elliot Waves paterrn started heading to 3
According to Trend Based Fib. Extension we are very low heading to first target at 66 000 st
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