PIVX outside of the long-term descending triangle, great future
Whatever way you want to draw the upper line of the descending triangle from the peaks in 2017/2018, PIVX has broken out of it. I see it therefore free up to the old ATH around $13 any time now.
Fundamentally, it is still as healthy as it can be, steady improvements to the wallet: upcoming release of v6.0 this year with some interesting additions (I expect a big marketing campaign at the same time) and the long awaited shielded (private) staking expected for Q1 2022.
Interesting side fact: ZCash officially announced that they want to develop a proof-of-stake core wallet in the upcoming three years (zkSnarks + PoS), which was welcomed by the majority of the community. PIVX completed that step already in January 2021.
None of this is investment advice.
Fundamentally, it is still as healthy as it can be, steady improvements to the wallet: upcoming release of v6.0 this year with some interesting additions (I expect a big marketing campaign at the same time) and the long awaited shielded (private) staking expected for Q1 2022.
Interesting side fact: ZCash officially announced that they want to develop a proof-of-stake core wallet in the upcoming three years (zkSnarks + PoS), which was welcomed by the majority of the community. PIVX completed that step already in January 2021.
None of this is investment advice.
