PIVX saw a strong price move in a short time. The token climbed from $0.14 to $0.22. This move delivered nearly 55% gains. The rally followed a clean breakout on the chart. Traders who entered early had a chance to book profits. The price move was fast and decisive. Momentum stayed strong throughout the session.
Trader Highlights a Well-Timed Entry
Crypto trader HarrySnipes shared the trade on X. He entered PIVX around the $0.14 level. This entry came after a confirmed breakout. He had mentioned the setup days earlier. Once the price broke resistance, buyers stepped in quickly. The trade played out exactly as expected. Many followers praised the accuracy of the call.
Breakout Confirmed After Consolidation
Before the rally, PIVX traded sideways for several days. Price stayed within a tight range. This showed accumulation by buyers. Volume remained steady during this phase. Once resistance near $0.143 broke, momentum increased. The move followed classic technical patterns. Breakouts after consolidation often lead to fast rallies. This case followed that rule.
Privacy Coins Begin to Gain Attention
HarrySnipes also pointed to a larger trend. He said privacy coins were about to run. PIVX is part of that sector. Privacy-focused tokens offer anonymous transactions. Interest in these coins is growing again. Regulatory pressure is pushing some users toward privacy tools. This shift is slowly showing in price action. PIVX may be an early example of this trend.
No Major News, Just Technical Strength
There was no major announcement behind the move. No partnerships or upgrades were reported. The rally came mainly from technical strength. This suggests organic demand. Traders reacted to price signals, not hype. Such moves are often seen as healthier. They rely on structure rather than news-driven spikes. This makes the trend more sustainable.
Market Sentiment Supports Risk Assets
The broader crypto market remains active. Traders are willing to take risks again. Smaller caps are seeing renewed interest. When confidence improves, breakouts perform better. PIVX benefited from this environment. Liquidity was sufficient to support the move. This shows that altcoin traders are returning slowly. Privacy coins may be part of this rotation.
Profit-Taking and What Comes Next
After a 55% move, profit-taking is expected. Some traders may exit positions. This can cause short-term pullbacks. However, strong breakouts often hold key levels. If PIVX holds above previous resistance, momentum may continue. Traders will watch volume and support zones. The next move will depend on market conditions. For now, the trend remains positive.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Bitcoin Drops Below $69k: Trump’s Final Ultimatum to Iran Triggers Risk-Off Selling
Bitcoin fell to $685,000 on April 7, down about 2% for the day. Driven by concerns over the Middle East situation, risk-off sentiment has increased. With the market under pressure and international oil prices rising, the crypto market has faced headwinds, and investors lack confidence in a Bitcoin rebound. In the short term, macro events will continue to affect Bitcoin’s price action.
GateNews10m ago
AAVE breaks below the $100 support: DeFi sector selloff intensifies, and $80 may become the key line of defense
The DeFi market continues to face persistent pressure. On April 6, AAVE fell sharply to $84, and the current price is trading in a range around $94. Technical indicators show that bearish signals are dominant, while the fundamentals bring uncertainty due to the end of a partnership. In the short term, watch the $92 support level; $100 is a key reversal signal. The overall trend is influenced by market sentiment, so the probability of a rebound is relatively low.
GateNews14m ago
XRP Critical Three Weeks: U.S. Senate Legislative Progress Could Decide Whether to Break Above $1.60 or Fall Below $1.20
As the XRP price enters a key policy window, the progress of the U.S. Senate's “CLARITY Act” over the next three weeks will affect its 2026 outlook. XRP is currently trading at about $1.34; if the bill passes smoothly, it could bring in $4.0 billion to $8.0 billion in capital inflows, driving the price higher. Otherwise, it will depend on the broader macro environment and could fall to below $1.20. Policy progress is the dominant factor right now, and April will become a crucial turning point.
GateNews21m ago
Big data is coming this Thursday: whether Bitcoin can hold $67k depends on the Fed’s signals
This week, the U.S. will release four macroeconomic data points, including the FOMC meeting minutes and CPI data, which could determine whether Bitcoin can hold the $67k level. Bitcoin is currently trading in a range around $69k, with a 23% decline year-to-date. Market sentiment is subdued, and institutional capital support is limited, resulting in weaker demand—making this a key moment in the long-versus-short battle.
GateNews32m ago
XRP drops to $1.31, and a failed breakout combined with declining liquidity may trigger accelerated volatility
After failing to break above $1.35, the XRP price has fallen back to around $1.31, with an intraday drop of about 1.9%. The market shows clear selling pressure, and reduced liquidity is amplifying volatility; short-term sentiment is tilted toward defense. Key support is in the $1.31 to $1.30 range, and if it breaks down, it could test $1.28.
GateNews1h ago
Trump Announces April 25 Mar-a-Lago Gala, Dispelling Rumors of Sudden Illness
Trump announced on April 7 that he will hold a meeting and luncheon at Mar-a-Lago on April 25. This news came at the height of the spread of health rumors. A White House spokesperson denied that Trump is ill, emphasizing that he is working normally at the White House. During the rumor period, the price of the TRUMP coin associated with Trump rose at one point, showing how politically themed meme coins are sensitive to news events, but long-term value has remained under pressure; the TRUMP coin is down more than 96% from its all-time high.
MarketWhisper1h ago
