Crypto Rating offers an all-encompassing analysis and accurate PIVX price prediction and forecast for July 14, 2020, based on the showings of our proprietary machine learning algorithm. Keen traders and investors will get a profound insight into the expected short-tem (day), mid-term (week, month, 6 months) and long-term (the period from 1 to 5 years) price forecast of PIVX. Thanks to the scrupulous and timely analysis of historical price action of PIVX, carried out by the algorithm that takes into account the underlying behavioral patterns and irregularities, the evaluation of the present market conditions and crowd sentiment, the trading volume and volatility profiles - as well as the readings of important indicators and oscillators - investors and traders can make an educated decision regarding the most appropriate time to enter/exit the market, as well as PIVX's overall potential and the expected direction of price action in short/long term.
Before delving into the in-depth analysis of PIVX's present and future price action and offering a precise PIVX price forecast, we would like to give a word of advice to potential cryptocurrency investors and nascent traders to always pay close attention to the Volatility Index (VIX). This index represents one of the core instruments for understanding and analyzing market volatility, a crucial factor that must be taken into account when devising trading/investment strategies for different time periods. It uses the real-market data to reflect the expectation regarding future volatility of PIVX, thus affording means for assessing the market sentiment and mitigating risks. The index depicts the month-by-month price fluctuations within the 10% range.
The Volatility Index is utilized on major stock and currency exchanges, as well as by our proprietary price prediction algorithm, as it boasts proven reliability and effectiveness. Apart from using volatility estimates provided by VIX, the algorithm sift through numerous deviations that occur within the designated range to deliver the most precise price forecast for PIVX.
This month, the Volatility Index in the PIVX market stands at 262, which is considered as high for this particular cryptocurrency. Therefore, the price of PIVX did experience radical fluctuations of its weighted average monthly price.
These VIX readings signify that the value of PIVX has entered the period of instability and increased volatility. Therefore, traders and investors must now monitor this market closely and set the stop-losses in order to manage risk and minimize potential losses while maximizing the profits.
The current PIVX price stands at $0.434717, with the average daily trading volume of $24 683 754, and circulating supply of 56 781 166 PIVX. Our in-house machine learning algorithm determined that PIVX will drop by -3.92% tomorrow, with the ultimate price target being set at $0.417694. This prognosis is based on readings of the Volatility Index and several other core indicators, as well as the comprehensive analysis of patterns and volume profile.
By employing the same analytical approach on a larger time frame, and factoring in such important values as market capitalization, the weekly trading volume, and the related historical data derived from this market, our unique price forecast algorithm determined that in the one week's time, the price of PIVX will stand at $0.413287, which constitutes a -4.93% move to the downside from its present position at $0.434717.
Our cryptocurrency price forecasting algorithm, which absorbed the latest developments in the field of artificial intelligence, tells that in one month, the value of PIVX will have an appreciation of 37.67%. In six months, the price of PIVX will go 68.16% to the upside (stay within the current consolidation range), which falls in line with the overall direction of price movement, determined by the algorithm.
The further analysis of the entire cryptocurrency market, and the PIVX market, in particular, reveals the high probability of PIVX reaching the price level at $0.875902 by July 14, 2021, which would make for a 101.49% increase, on the back of the rising interest towards this cryptocurrency from the affluent institutional and retail investors, as well as an introduction of more favorable regulations with regard to cryptographic currencies.
Our AI-enabled algorithm determined the year-by-year price change of PIVX as follows:
The algorithm had also pinpointed significant price fluctuations that PIVX experienced over the past 180 days. Therefore, the price ceiling for that period of time was established at $0.731023, while the bottom of the possible price range is situated at $0.719194.
The cryptocurrency market might appear somewhat dull, especially after recent crises, but the underlying technology remains valid and immensely promising. Given PIVX strong fundamentals, the odds are in its favor to make an impact in this market in the long run.
Thanks to our algorithm and price analysis charts, you will be able to cherry-pick the most appropriate entry/exit spots for maximizing the profits.
Follow our PIVX price predictions to keep abreast of the developments in the cryptocurrency markets and get the most accurate daily, monthly, and yearly PIVX price forecasts.
Please read our Disclaimer before using price predictions.
What is the current price of PIVX (PIVX)?
The current price of PIVX is $0.434717.
What is the current market capitalization of PIVX (PIVX)?
The current market capitalization of PIVX is $24 683 754.
What will be the price of PIVX (PIVX) Tomorrow?
Our algorithm forecasts that the price of PIVX will reach $0.417694 tomorrow.
In 1 year from now what will 1 PIVX be worth?
As per the forecast and algorithmic analysis, the the price of 1 PIVX will be around $0.875902.
Is it profitable to invest in PIVX (PIVX)?
The investment period is the number 1 decisive factor here. Based on last year price data the system would put "With Caution" investment status for PIVX (PIVX) as a short term investment. PIVX can get a "Profitable" investment status based on our prediction algorithm with long term investment horizon of 3 to 5 years.
Will PIVX be growing in the Future?
PIVX is potentially one of the most profitable among digital coins.
How high can the Price of PIVX go?
Our algorithm forecasts that the price of PIVX will reach $4.60 by 2023.
Is PIVX (PIVX) flashing a "Buy" signal now?
Yes, our algorithm predicts it's the right time to buy PIVX now.
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