Market Overview for PIVX/Bitcoin (PIVXBTC) – October 3, 2025

• PIVX/Bitcoin traded between 1.06e-06 and 1.16e-06, closing near the session high.
• Price consolidation near 1.11e-06 suggests key support holds with potential for upward bias.
• Volatility fluctuated with sharp moves mid-session and a large-volume reversal in the final hours.
• Momentum indicators signal overbought levels at highs and oversold conditions at lows.
• Bollinger Bands show tightening before key breakouts, with price testing the upper band late in the session.

PIVX/Bitcoin (PIVXBTC) opened at 1.12e-06 on October 2, 2025, and reached a high of 1.16e-06 during the day. The 24-hour session closed at 1.16e-06 on October 3, with a low of 1.06e-06. Total volume amounted to 489,796.0 units, with a notional turnover of $625.20 (based on Bitcoin price context). The pair showed a bullish close, reversing from a midday pullback.

Structure & Formations

The 15-minute chart displayed a key support cluster forming around 1.07e-06 to 1.11e-06, with a notable bullish engulfing pattern forming during the 0900–0915 ET period. A key resistance level emerged at 1.16e-06, where price stalled twice before breaking through in the final hour. A bearish divergence was visible in the early morning hours as price dropped while volume remained low, but this was negated by a large-volume reversal in the 1045–1100 ET window.

Moving Averages & Momentum

Short-term momentum, as reflected in the 20 and 50-period EMA on the 15-minute chart, was clearly bullish by the session’s end, with price above both. The RSI reached overbought territory (above 70) during the 1130 ET window and remained elevated for the remainder of the session. The MACD histogram showed a strong positive divergence in the final hour, suggesting momentum was building ahead of the close.

Bollinger Bands & Volatility

Bollinger Bands tightened significantly between 1.11e-06 and 1.12e-06 in the 0130–0200 ET period, signaling a potential breakout. Price broke the upper band during the 1115–1130 ET window, closing near the high. The expansion in the bands correlates with increased volume, particularly in the last two hours of the session.

Volume & Turnover

Volume spiked dramatically in the 1045–1100 ET and 1115–1130 ET periods, confirming the price breakout to 1.16e-06. Notional turnover increased in line with volume, showing no signs of divergence. The majority of the volume occurred during the last four hours of the session, suggesting increased liquidity and participation from larger traders.

Fibonacci Retracements

Key Fibonacci levels from the 1.06e-06 low to 1.16e-06 high showed strong consolidation near the 61.8% level (~1.11e-06) and a decisive breakout above the 100% extension. This implies that traders could target further gains if the trend continues, though a pullback to the 38.2% level (~1.13e-06) could serve as a potential entry or stop-loss level.

Backtest Hypothesis

A viable backtesting strategy would involve entering long positions when price breaks the upper Bollinger Band with above-average volume and confirms with a bullish engulfing pattern. Stops could be placed below the 61.8% Fibonacci level, with targets set at 1.15e-06 and 1.17e-06. This setup aligns with the momentum seen in the MACD and RSI indicators, making it a high-probability trade for the next 24 hours.