With steady movemenent last two days we haven't seen a huge drive in volume with a lot of resistantance at the current 4.4 mark.
Given this is a slow chip back to 5, I think once we break back into the 5 area the FOMO is going to set in and we see the big volumes coming back into play and the reversal continues.
Other factors-Dev Team is hosting a Q and A on reddit tomorrow. Last time around this spiked a 25 percent jump to the price.
Take that for what you will but with the road map updates this week and the slow build up to come I think we see a big push this weekend back to 5 and then quick jump to near 6 late next week followed by small correction.
Given this is a slow chip back to 5, I think once we break back into the 5 area the FOMO is going to set in and we see the big volumes coming back into play and the reversal continues.
Other factors-Dev Team is hosting a Q and A on reddit tomorrow. Last time around this spiked a 25 percent jump to the price.
Take that for what you will but with the road map updates this week and the slow build up to come I think we see a big push this weekend back to 5 and then quick jump to near 6 late next week followed by small correction.