PIVX BTC PIVX Technical Analysis

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By Frans van Elst

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In this technical analysis of PIVX, we’ll delve into the current price action, trading volume, key levels, and indicators for PIVX-BTC. PIVX is a privacy-focused cryptocurrency that leverages advanced cryptographic techniques to safeguard users’ financial data and transactions. Its unique features include zk-SNARKs technology, which enables secure and anonymous transactions, as well as a decentralized governance system that empowers holders to vote on proposals for the project’s development. Additionally, PIVX boasts a fast block time of just 60 seconds, making it an attractive option for those seeking rapid and secure transactions.

PIVX Price Overview:

As of July 19, 2024, PIVX is trading at approximately 0.0 BTC. Let’s dive into the detailed price action for PIVX-BTC:

PIVX (PIVXBTC) faces challenges, trading at 3.96e-06 BTC, as technical analysis signals weakened support and cautionary indicators.

Metric Value
Open (O) 0.0
High (H) 0.0
Low (L) 0.0
Close (C) 0.0
Volume (C) 52,795.00
  • Open (O): The opening price for today’s trading session was approximately 0.0 BTC.
  • High (H): PIVX reached a daily high of around 0.0 BTC.
  • Low (L): The daily low for PIVX-BTC was approximately 0.0 BTC.
  • Close (C): At the time of analysis, PIVX is trading near its daily close of 0.0 BTC.
Metric Value
1D Change (%) 0.00%
3D Change (%) -2.94%
7D Change (%) -6.38%
30D Change (%) -6.82%
90D Change (%) -37.34%
YTD Change (%) -47.55%

Over the past three days, PIVXBTC has experienced a significant decline of approximately -2.94%, indicating increased market volatility. This downward trend continued throughout the week, with a loss of around -6.38%, suggesting a decrease in investor interest. A 30-day analysis reveals a more comprehensive perspective, with PIVXBTC maintaining a consistent downward trend of approximately -6.82%. Looking at the last 90 days, PIVXBTC has witnessed a substantial decline of approximately -37.34%, reflecting a significant loss in long-term confidence. Year-to-date, PIVXBTC has steadily dropped by around -47.55%.

PIVX Live Chart:

You can access a live price chart for PIVX-BTC on various cryptocurrency market websites or trading platforms. These charts provide real-time data, allowing you to track price movements and indicators as they evolve.


Price Volatility and Momentum:

  • Volatility score is 0.4707.
  • Momentum score is -0.09382.

PIVX BTC Technical Analysis

PIVX Trading Volume:

The trading volume for PIVX (PIVX) over the past 24 hours has been insignificant, with approximately 52,795.00 BTC traded against PIVX. Elevated trading volume often indicates increased market activity and can be an essential factor to consider in technical analysis.

Moving Averages:

  • 50-day Simple Moving Average (SMA): PIVX is currently trading below the 50-day SMA, indicating short-term bearish momentum.
  • 200-day Simple Moving Average (SMA): PIVX is also trading below the 200-day SMA, indicating a negative long-term outlook.

Relative Strength Index (RSI):

  • The RSI30 for PIVX-BTC is currently in the low zone, around 40.56963. This suggests that PIVX is in bearish territory.

Analysis from TradingView:

Our Key Takeaways: PIVX (PIVX-BTC) is currently experiencing short-term bearish momentum, with key support and resistance levels drawing attention from traders and investors. It’s crucial to monitor the BTC monthly resistance level and the BTC support level for potential trading opportunities. Furthermore, the low RSI reading and lack of significant trading volume are indicative of potential downward movement.

PIVX (PIVXBTC) faces challenges, trading at 3.96e-06 BTC, as technical analysis signals weakened support and cautionary indicators.

Don’t skip our thorough exploration of PIVX USDT PIVX Technical Analysis if you resonated with this post; it’s the perfect next step for deeper understanding.

Disclaimer: The information provided herein, including any technical analysis of cryptocurrencies, is for informational and educational purposes only. It should not be considered as financial advice or a recommendation to buy, sell, or hold any cryptocurrency or make any financial decisions.

Cryptocurrency markets are highly volatile and speculative. Past performance is not indicative of future results, and there are no guarantees of profit or protection against losses. Cryptocurrency investments are subject to significant risks, including but not limited to market fluctuations, regulatory changes, and technological vulnerabilities.

Technical analysis involves the use of historical price and volume data, patterns, and indicators to make predictions about future price movements. It is a subjective and speculative approach to market analysis and should not be the sole basis for making investment decisions.

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