Will Pivx make a 5 times return on our BTC?This is my follow up Chart on Pivx/Btc with the Binance data.
Intro:
Pivx is one of the most privacy focused POS coins. Devs are constantly bringing new tech into the field since 2016 and Pivx github is since then leading in Dev activity. (!)
They were the first to implement zk-Snarks into a POS Coins and with the shielded option your transactions are hidden. Cold staking is aswell a secure feature to stake, you don't need to have your coins in a hot wallet to get rewards.
"SHIELD provides complete transaction protection, preserving privacy by hiding financial information. And it achieves this with zero preparation time. This is all made possible through PIVX's innovative use of Zero Knowledge Proofs. With SHIELD, you have the flexibility to transact while maintaining complete privacy." source pivx.org
Chart:
The 2 weeks chart gives us a good overview of the behaviour on the asset.
We anticipate the lengths of the yellow downtrend lines to our upper goals.
Compatible we have the big outbreaks on the TSI Indicator.
RSI in good condition to reload up again.
Additionally i added the EMA 50 100 and 200 as perspective.
At the time of writing the EMA 100 gives a 4396 Satoshis and we are trading around 825 Sats atm --- will we get our 5 fold pump?
Trade safe, no financial advice and KEEP IT PURPLE!!!
