DCR seems found Strong Support at 0.00668 and formed Falling Wedge Pattern. It is also Oversold in Stoch. I am expecting strong reverse up-could happen anytime but it is also possible one more down to find another support line at 0.0065.
Why is it being dumped? There is no good reason. So, I think I'll buy some. :)
Familio
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@mightytrader, I guess one reason is BTC is very strong and the other could be many people are Staking DCR and not interested in Trade.
mightytrader
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@Familio, That's what I suspected (BTC going up). It makes sense then about DCR... something I prefer to stack over time and not trade since it's not a hype coin. (though I sold all of mine when it hit $50 back in.. the end of June).
@mightytrader, very smart move from you-one thing is sure. this is a solid coin and with a strong team. I do not think it will be so cheap again anytime time soon
mightytrader
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@Familio, I agree! Very solid coin and strong team! And still a relatively small market cap.... :D