- PIVX has broken upwards from a short-term approximately horizontal trend channel. This indicates ongoing strong development, and PIVX is currently finding support towards the top of the trend channel in potential pullbacks.
- PIVX has managed to break the resistance at $0.18. The next resistance for PIVX will be at the $0.25 level. Volume peaks and troughs are in good alignment with price highs and lows.
- PIVX is trading between support at $0.16 and resistance at $0.27. A clear break of these levels will indicate a new direction for PIVX.
In our current PIVX (PIVX) analysis, we evaluated the short, medium, and long-term views: This resistance will be crucial for PIVX to start rising!
Short-Term PIVX Analysis
PIVX has broken upwards from a short-term approximately horizontal trend channel. This indicates ongoing strong development, and PIVX is currently finding support towards the top of the trend channel in potential pullbacks. PIVX’s support levels are at $0.16, and resistance levels are at $0.25. The RSI curve shows an upward trend, which could be an early signal of a bullish trend for the price. PIVX is generally considered positive from a technical perspective in the short term.
Medium-Term PIVX Analysis
PIVX is in a medium to long-term downtrend channel. This indicates that investors have sold this currency at lower prices over time, showing a negative development for the currency. PIVX has managed to break the resistance at $0.18. The next resistance for PIVX will be at the $0.25 level. Volume peaks and troughs are in good alignment with price highs and lows. This weakens the downtrend and could be an early signal of a future trend break. PIVX is generally considered slightly negative from a technical perspective in the medium term.
Long-Term PIVX Analysis
PIVX is showing weak development within a long-term downtrend channel. Downtrends indicate that PIVX has experienced negative development, and buying interest among investors has decreased. PIVX is trading between support at $0.16 and resistance at $0.27. A clear break of these levels will indicate a new direction for PIVX. The RSI curve shows a downward trend, supporting the negative trend. PIVX is generally considered neutral from a technical perspective in the long term.
PIVX Price
Today’s live PIVX price is $0.217, with a 24-hour trading volume of $3,176,170 USD. PIVX has increased by 22% in the last 24 hours. It currently ranks 674th on CoinMarketCap with a live market cap of $15,998,000 USD. There are 76,472,747 PIVX coins in circulation, with no maximum supply.
Summary
PIVX (PIVX) analysis evaluates the short, medium, and long-term views. Short-term analysis indicates that PIVX is generally positive from a technical perspective. Medium-term analysis suggests a negative development for PIVX. Long-term analysis similarly presents a negative outlook. These analyses can help PIVX investors understand possible future price movements.
