The also brings negative news for the coin price. The line has crossed below the zero centerline, signaling a . The POCs usually act as strong price attractors, in PIVX case, the coin has touched this level. This is the price that most market participants accept. As you can see the point of control is close to the 0.0006. The bulls seem will to be keeping the price around that level in the next few days.
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Please do your own research in addition to reading the TA.