PIVX new market cycle

4 בינו׳ 2018

2018 will be the year of Privacy coins. No one expected Verge to soar to 2 billion+ cap, but this sets the minimum valuation precedent for all the coins below that threshold. Pivx has held a nice retracement from its first market cycle, the 0.883 which is common. We notice a strong break of the downtrend and volume stepping in. Late buyers can hope to get filled in the 65-67k zone as we are currenly there and wicking down, catching impatient sellers who dont understand the big picture. Pivx is a clone of dash, with free and instant transactions, and the same masternode setup requiring a stake of 10k coins at a minimum. With decent liquidity and trading volume, we could potentially see this snowball as masternodes gain profitability in a price increase, and they natually promote a hodl environment. We could see potential top targets in the 400-750k zone, netting us a 500-1000% reward here. Growing community with a strong presence, Pivx is a clear buy here. The strong weekly stochrsi and the newly crossed monthly that if fully oscillates are out signs of momentum.