PIVX Breaking Out Of Major DowntrendPIVXBTC is breaking out of a major downtrend that started back in 2018...
A more recent price peak was hit in March 2021... Things are starting to turn.
Patience is key.
Here is the previous chart where we spotted the bottom by just a few days...
Thank you for reading.
This is not financial advice.
Namaste.
PIVXBTC
PIVX Prepares To Break Descending ChannelWe have a descending channel on the PIVXBTC chart; ready to break.
We are being guided by the candles on 10-March and Today.
Low risk and high potential rewards, the best type of chart setup for your trades.
This is not financial advice.
Additional details on the chart.
Namaste.
PIVX Trend Reversal & Shows Bullish MomentumPIVX Shows bullish signs at 4H and Daily Time frames.
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PIVX MovementMany alts show the potential to re enter a bear market right now.
We can see the potential for pivx to drop back to the 15 cent area - that's if bitcoin decides to enter back into a bear market.
You could set a buy for 20 cents and wait for it to drop or wait for a large dump wick as well.
You could long here with btc to pivx ath.
No matter the strategy its still a decent place to hold in the even that btc picks up and dca down to 15 cents.
I still believe pivx and zcash have unrealized potential even if 2022 has started with privacy coins in the trunk instead of riding shotgun.
PIVX is Very Good to HODLed 24/02/2021PIVX 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.
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.
ames 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.
PIVX/BTC upward trend still beautifully intact. I buy the dipDespite yesterday's and today's selloff, PIVX/BTC held the established upward trend intact. Consider this a heaven sent buy opportunity before the upcoming release of wallet v6 and possibly big marketing surprises. Not financial advice, do your own research.
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-BTCGreetings,
PIVX has not shot yet, there is a local uptrend. There is a locally ascending triangle. Above the 1800 level I expect momentum. Targets by levels. Work on such coins should be a small percentage of the depo.
People who like the ideas trade 66% more profitable).
Always use a stop loss, and do not use a leverage greater than x3.
A trader should always have tomorrow.
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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.