PIVX The time has comeLadies and gentlemen, we might see some movements this week.
As mentioned before, we had some sideways action last week. Now you can stop selling your PIVX for BTC and trade that lovely DOGE, PIVX has some action of its own.
The idea is to get to the black line and stay above it. That way, PIVX will be one of the profitable coins in the next weeks.
Whether it will happen or not, will be determined by the market.
Take care and be careful guys!
Pivx
PIVX-USD looks strongGood day to all,
PIVX is looking strong in the current position. The conditions are in our favor across the board.
- MACD Crossing on Daily-timeframe
- RSI Looks good
- DMI steady bullish
- Larger picture channel and upside potential are clearly visible. Supported by the breaking momentum that is upcoming.
- First resistance zone around $1.97
- Good fundamentals of the coin, long-term proven team. That developed across the recent years core business- store of value, payment enz.
- Larger break > flag possibly forming
- Mid-long a strong upside potential
Rest speaks for itself, info, and numbers on the chart.
Goodluck to you all,
PIVX 2x potentialAccording to this major accumulation at the bottom PIVX is going to do a 2x soon. In case we break out of 0.002 level, the next level is around 0.005
PIVX the hobby coinPrepare for some sideway action next week. Dont forget to buy the dip!
Not financial advise.
PIVX/USDT Interesting developmentI guess PIVX isn't dead yet.
One of the few coins that didn't really boom yet.
The trend is the friend.
PIVX/BTC has clearly broken out, I say STRONG BUYAs stated in previous ideas, I see PIVX has broken out of the downward channel introduced in mid 2019, and seems to have established an upward trend. For the mid- and long-term HODLer like myself, I see this as a confirmation and strengthening of earlier positive sentiments, not only technically but also fundamentally. I personally over-allocate PIVX. Not financial advice.
PIVX - Potential major move on BTC pairingI've been buying into PIVX for a few months as the BTC pairing hots up. USD Pairing looks like it is breaking out. Super volatile so no margin.
My ridiculous target is 0.00014000 by summer.
Best, HF
(not massively convinced by the trend lines here yet, will revisit)
PIVX Coin Analysis 17/03/2021Earlier Weekly Time Frame Analysis:
Fundamentals:
PIVX was announced on November 25, 2015. PIVX is short for Private Instant Verified Transaction Cryptocurrency and is a privacy-centric proof-of-stake cryptocurrency that was forked from DASH. It focuses on community governance and decentralization.
PIVX is building a digital means of exchange with the main focus on minimizing the transaction times and fees while maintaining privacy and security. PIVX was launched on January 31, 2016, by James Burden.
PIVX did not have an initial coin offering and instead, 60,000 PIVX were pre-mined to allow for 6 masternodes to operate on the initial network. After the initial setup, these coins were burned as soon as the PIVX community grew to the point where it became self-sustainable.
PIVX is a decentralized autonomous organization (DAO) that is self-funded and community-driven. It is a third-generation privacy coin and uses a modified version of Dash’s masternode architecture. It also uses Zcoin’s Zerocoin privacy protocol. Its transaction capacity can reach up to 1000 transactions per second through the usage of the SwiftxX payment protocol.
PIVX also uses a proof-of-stake consensus mechanism that involves two parties: the masternodes and the validators.
Masternodes are responsible for voting on development proposals that are put forward by the PIVX community and validating the transactions on the blockchain with a single confirmation. 10,000 PIVX is the minimum requirement to run a masternode. Each masternode gets 1 vote and is not involved in the mining of new tokens.
Validators are responsible for mining PIVX. They have a chance of generating a block proportional to the number of PIVX they have staked. 500 PIVX can generate a single block, which is completed within a 60 second time period. When a block is generated, it brings a reward of 6 PIVX coins, two of which go to the validator and three to the masternode, while one is allocated to the PIVX treasury.
If a user wants to store PIVX, they can do so in three ways: on the Ledger hardware wallet, the PIVX desktop and mobile wallets, or the Coinomi desktop and mobile wallets.
James Burden is the founder of PIVX. Aside from this project, he is also the founder of VEIL. Burden used to be a senior technician at IBEW 357. He graduated from the College of Southern Nevada.
Burden has over 20 years of experience working as a hardware technician and has been an active cryptocurrency developer since as early as 2012. He stepped away from PIVX in April 2019.
Technical Analysis:
the price has done its Accumulation phase and showed the signs of Move UP,
by Candle Stick Analysis we can see there are big Bullish Candles post the Accumulation Phase, which is the sign of Bullish trend Continuation.
there are total of 3 Targets Specified by Fibonacci Projection
we get the 3 TP confirmation as the price Triggers the 2TP followed by some Price Correction.
PIVX/BTC Is this the long awaited trend breakout?PIVX/BTC was in a downward trend since mid 2019. Lately, it has undertaken some attempts to break out upwards. The most recent attempt saw a retest of the upper line of the old downward trend, now tested as a support. This is a good sign.
As stated earlier, PIVX is fundamentally strong, one of the most active crypto projects according to cryptomiso.com
My personal view is STRONG BUY. I use dips to add to my position. Not financial advice.
PIVX/BTC - Binance Coins That Have Not Pumped, Full Analysis!PIVX/BTC 2016 coin that has not had a large pump as most alt coins on Binance have done. These too me present low risk / high reward as it is not inflated 10,100,1000x and still pretty close to the bottom. Actually its pretty close to its exchange listing price from 2016
www.tradingview.com
PIVX/BTC Weekly
Few things I want to point out on the weekly.
1) Notice volume dwindling from 2021 and just recently we have seen some HUGE buying volume close to the bottom indicating a ton of money has been buying this area.
2) 4 & 9 Weekly EMA golden cross which I like to see on the weekly, usually an awesome buy signal.
3) Notice the green trend line used as support/resistance and now we are sitting right on it.
4) Last thing to note is the HUGE green wick on the second most recent candle. Either PIVX was pumped and dumped which we see with those wicks, or that buying volume we saw was used to clear the sell pressure above and will start slowly climbing up!
5) Market structure has been broken and looks like we should be putting in higher highs and lower highs here.
The next major weekly resistance on the weekly is approx 130% which would more than double your BTC
PIVX/BTC (Daily)
The small down trend to me has been broken and looks like we may be testing the support again which is highlighted in green.
PIVX/BTC (4H)
My entry would be 2150 - 2350 sats off the support which has been holding nicely and 200EMA