2026-01-19 04:20:57

PIVX is setting up an interesting chart pattern right now. Looking at the price action, it's forming what appears to be a falling wedge—a setup that often precedes bullish moves in crypto trading. The coin's currently hovering around $0.1543, and if this pattern breaks to the upside as expected, we could see it challenge $0.21 next. That's roughly a 36% move from current levels, which would come if buying pressure picks up. Traders watching the breakout should keep an eye on volume confirmation—that's usually the key to whether this pattern actually delivers. Worth monitoring PIVX/USDT closely over the next few trading sessions.

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GovernancePretender

· 01-20 17:41

Falling wedge? It looks more like oscillating back and forth to me. Can it really break through this time?

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QuietlyStaking

· 01-19 15:01

The descending wedge is back again. Can it really rise this time? I'm tired of fake breakouts.

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RektRecovery

· 01-19 04:51

falling wedge breakouts are cute until they're not... seen this pattern fail more times than i can count. volume's gonna be the real tell here, not the pretty chart lines everyone's copium-ing over. tbh 36% pump sounds like classic bag holder math to me.

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GateUser-2fce706c

· 01-19 04:50

A descending wedge pattern needs to break out, brother. This is the opportunity. I’ve said before that this pullback is the best chance to get in. A 36% increase is no small number. The time to buy the dip has arrived.

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tx_or_didn't_happen