$PIVX Price Analysis & Target for Binance

The $PIVX /USDT pair has shown a strong +10.91% increase over the past 24 hours, currently trading at $0.3202. The 24-hour high reached $0.3735, while the low was $0.2885, showing significant price movement and volatility. The total trading volume has been 23.43M PIVX and $7.76M USDT, indicating a healthy market with solid liquidity.

Key Technical Indicators:

Current Price: $0.3202

7-period MA: $0.3199

25-period MA: $0.3202

99-period MA: $0.3327

The price is trading near the 7-period MA ($0.3199) and 25-period MA ($0.3202), indicating stable short-term movement. However, the 99-period MA at $0.3327 acts as a resistance level and shows where the price could face challenges. The price is below the 99-period MA, which suggests that PIVX is still consolidating within a range and may need a catalyst to break higher.

Market Sentiment & Price Action:

The 24-hour high of $0.3735 represents a key resistance point, with the 24-hour low of $0.2885 marking solid support.

A +10.91% price increase reflects strong bullish sentiment in the market, with solid demand for PIVX.

The trading volume is also quite strong with 23.43M PIVX and $7.76M USDT traded, confirming active participation in the market.

Binance Market Overview:

On Binance, the PIVX/USDT pair is experiencing good trading activity. The key resistance at $0.3735 is the level to watch. A breakout above this could signal a continuation of the bullish trend, targeting the next resistance level around $0.40. On the downside, support levels around $0.3161 and $0.3146 will be important to monitor.

Target Price Prediction:

If the price breaks through the $0.3735 resistance, the next logical target could be $0.40 or even $0.42 if the bullish momentum continues. On the downside, support around $0.3161 and $0.3146 will be important for maintaining the current uptrend. If the price falls below these levels, it may retrace toward the $0.2885 low.

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