That July 27th move that tanked the price has whale written all over it. Crypto markets generally separate the wheat from the chaff (ex. ETH vs ETC) regularly. Aside from pump and dumps (which generally happen to low-cap tokens with copypasta protocols, a token with a solid protocol and use-case will gain market cap. In the wake of all of the AMPL clones failing over the last few weeks, I think investor sentiment is just waiting for the DeFi bubble to cool off a little bit. I think we're looking at a trend-reversal happening at the time of writing this. I'm not a fan of indicators as candlesticks pretty much tell you everything you need to know, and they're looking bullish right now.