PIVX/USD breakout imminentAfter the recent run up to and over 2$, PIVX calmed down but held well over 1$ in an overall red market. The PIVXUSD price formed two (or more) possible triangles, I expect a breakout upwards in the next one or two days.
More positive media attention from well known influencers and websites helped that many have their eyes on this gem.
Aee also my ideas on PIVX/BTC where a breakout from the downward channel from 2019 would mean *great* upward potential.
Pivx
PIVX/USD weekly chart long-term bullishIn the weekly chart, PIVX price against USD seems to have established the breakout above the grey downward trends. There seems to be a lot of room for gains, I wouldn't be surprised to see $20 in 2021. Don't forget to do your own research, this is not investment advice.
PIVX/USD Weekly Long-Term BullishToday we take a look in the weekly PIVX chart against the USD BINANCE:PIVXUSD
for the long-term investor.
Two breakouts from a downward trend from end of 2018, higher lows and good volume. BINANCE:PIVXUSD
As mentioned earlier, good fundamentals, recently activated new privacy protocol, very active team.
pivx, it's like a lower market cap dashIn my opinion, the masternode and privacy based coins are taking longer to start breaking out because the new money has to learn about the advantages to these type of coins. Just a theory, but I think in a few months when bitcoin hype is pumpin and lots of new people in the space, youtubers making "300% gains on this from this shit coin" video are going to love coins like this. First off if you don't know what master nodes are, you own a certain amount of coins and you can stake them on a computer or rasberry pi you plug in the wall, or you can pay a service to host your coins for you. Good master nodes give you 5% - 10% a year to stake your coins and make them available for the network to do whatever. Only issue is they spike 1000%+ in a few months and then dump all the way back down. Anyways, pivx seems legit for what it is and itsa cheaaap! Try not to worry about 10 - 50% wiggles during this trade, use a small amount of money relative to your lifestyle. You should not care about this trade until it's worth caring about... Plant the seed!
Como's high price - breaking the base line by the contour line uComo's high price - breaking the base line by the contour line up
Base line failure by price up time 30'
Base line failure by contour line up time 60'
Fibonacci correction in the region 55 to 65% time 30'
Extensive Fibonacci in the 155 to 165 percent range time 60'
Upward RSI, downward price, moving average moving 50 time 60'
7 Altcoins I am Bullish on because of TechFirst off, please don't take anything I say seriously or as financial advice. As always, this is on an opinion based basis. That being said, the 7 cryptocurrencies that are altcoins (that I believe are covering a wide variety of sectors) that I think has some strong technological aspects, are what I will be talking about here. For avoidance of conflict of interest, I am not directly associated with the development of any of these. That being said, the 7 altcoins I am bullish on include: ChainLink, Cosmos, Siacoin, Waves, BitTorrent, Pivx, and Peercoin. ChainLink has a really developer friendly smart contract platform, and Cosmos has consensus protocols, and the ability to easily create side-chains. Siacoin has its proof of storage concept. Waves is a next generation decentralized application development platform with its own exchange. BitTorrent I like more as a startup rather than a crypto, but I am betting long on their technologies. Pivx reminds me of a staked variation of Dash. Peercoin is PoW compatible while having PoS for the network security. Peercoin easily can have more real world adaption. If I would be bullish just on the basis of technological aspects, I feel like these 7 altcoins would be on the list.
The Big Boy Wedgie! (PIVX)Testing the breakout.
Currently has found a support on very old Resistance spike.
Looking for it to move out the wedge for a breakout play.
See how strong it holds.
PIVX is an advanced cryptocurrency focused on privacy and security for digital cash. As a community-led project that forked from the Dash blockchain, it uses the Zerocoin protocol to anonymize transactions through its onchain Zerocoin Decentralized Exchanged (zDEX) for untraceable transactions.