PIVX Break out - Why isn't anyone talking about this?
I've been holding PIVX for a while now. It is a good looking privacy coin that just didn't get the attention that DASH, Monero or Zcash did this year.
It has about a $600 million market cap with only 55 million coins in circulation and uses the zero coin protocol making it arguably the most anonymous privacy coin on the market (or so I've read, I'm not a developer).
With this small of a market cap there is still the possibility of good potential.
It is hard holding a coin that just slowly grows as others shoot to the moon. But after a lot of research I believe this one is a keep for me.
Maybe it is the sleeper we have been waiting for.
Any thoughts?
It has about a $600 million market cap with only 55 million coins in circulation and uses the zero coin protocol making it arguably the most anonymous privacy coin on the market (or so I've read, I'm not a developer).
With this small of a market cap there is still the possibility of good potential.
It is hard holding a coin that just slowly grows as others shoot to the moon. But after a lot of research I believe this one is a keep for me.
Maybe it is the sleeper we have been waiting for.
Any thoughts?
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Also there is relatively strong support around the 50,000 SAT mark where the top of the trend line is in case of a retrace.
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Also I just want to mention that this coin did not retrace very much during the recent BTC retracement.
And please keep in mind, just because it says "PRO" next to my user name doesn't mean anything other than I have a paid account with trading view. I've only got into trading this year. Although I research a lot and work hard at making right call, I have a long way to go with my personal education in the space. When I first started on trading view I thought everyone with PRO next to their name had it figured out. I was wrong on that note. Take my opinions as opinions not fact.
And please keep in mind, just because it says "PRO" next to my user name doesn't mean anything other than I have a paid account with trading view. I've only got into trading this year. Although I research a lot and work hard at making right call, I have a long way to go with my personal education in the space. When I first started on trading view I thought everyone with PRO next to their name had it figured out. I was wrong on that note. Take my opinions as opinions not fact.
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PIVX is facing some resistance around the 90000 SAT mark. If it breaks through this resistance we could be going for an new ATH. Seeing as PIVX has been doing so well in these market conditions it is my expectation to see another breakout from here. Looks like Volume is high and we may be going for another ride up.
