PIVX/Bitcoin 24-Hour Market Overview
• PIVXBTC opened at $0.00000124 and traded between $0.00000122 and $0.00000126, closing at $0.00000127
• Price remained sideways with no decisive breakout above $0.00000126 or below $0.00000122
• Low volume and turnover suggest limited market interest and weak conviction
• RSI and MACD showed no strong momentum, with RSI hovering near 50
• BollingerBINI-- Bands showed minimal volatility, with price staying near the upper band
The PIVX/Bitcoin pair (PIVXBTC) opened at $0.00000124 on 2025-09-09 at 12:00 ET. Over the past 24 hours, it traded between $0.00000122 (low) and $0.00000126 (high), closing at $0.00000127 at 12:00 ET on 2025-09-10. Total volume traded was 156,662.0 and total turnover was approximately $0.195, indicating low liquidity and limited trader interest.
Structure & Formations
PIVXBTC remained in a tight range throughout the 24-hour period, oscillating between $0.00000122 and $0.00000126. The price failed to form any strong bullish or bearish candlestick patterns, with most candles closing near their midpoints. A notable small bullish reversal was observed during the early morning hours as price moved from $0.00000125 to $0.00000126 with moderate volume. However, no clear engulfing or doji patterns emerged to confirm directional bias.
Moving Averages
Short-term moving averages (20/50) on the 15-minute chart show minimal divergence from the price, which indicates that the asset is in a consolidating phase. Daily moving averages (50/100/200) show no clear trend, with the 50 and 100-day lines close to the 200-day line. Price remains near the 50-day moving average, suggesting a neutral bias but no strong upward or downward impetus.
MACD & RSI
The MACD oscillator showed little divergence from the zero line, indicating a lack of strong momentum in either direction. The RSI indicator remained near 50 for the majority of the period, showing neither overbought nor oversold conditions. A brief spike in RSI occurred as the price approached $0.00000126, but it quickly returned to neutral territory. This suggests traders are hesitant to commit to a directional move.
Bollinger Bands
PIVXBTC remained within a narrow Bollinger Band range, with the bands contracting slightly during the consolidation period. Price spent the majority of the 24-hour window near the middle band, indicating low volatility. A brief move to the upper band occurred during the early morning hours, but it failed to trigger a sustained breakout, suggesting that volatility is not likely to expand in the near term.
Volume & Turnover
Volume remained consistently low throughout the 24-hour period, with a total of 156,662.0 traded. The highest volume spike occurred at $0.00000126 during the morning, but it failed to push the price beyond the upper resistance. Turnover also remained low, with no significant price-volume divergence observed. This suggests that the market is in a low conviction phase with limited participation.
Fibonacci Retracements
Applying Fibonacci retracement levels to the most recent 15-minute swing from $0.00000122 to $0.00000126, the 38.2% and 61.8% levels align with $0.00000124 and $0.00000125, respectively. These levels acted as temporary support and resistance, with the price bouncing off the 61.8% level briefly. On a daily timeframe, Fibonacci levels suggest a neutral bias with no clear target levels emerging.
Backtest Hypothesis
The limited volatility and flat volume suggest that a mean-reversion or breakout strategy may not yield strong returns in the near term. A viable backtest hypothesis could be to test a range-trading strategy that enters near the middle band of Bollinger Bands and exits near the upper or lower bands. Given the current price behavior, a 2–3% range around the 50-period moving average could be monitored for potential trades, with a stop-loss placed outside of the recent consolidation range to manage risk.
Decoding market patterns and unlocking profitable trading strategies in the crypto space
Latest Articles
Stay ahead of the market.
Get curated U.S. market news, insights and key dates delivered to your inbox.



Comments
No comments yet