Look, unrealistic pricing is what it is, regardless of the type of asset, stocks are in a bubble this year.
The economy has been nothing more than stalling, so all these companies are subject to realistic corrections.
I think that the pattern we've been seeing with Mona will repeat again because the sellers are gone, and we are hungry for new buyers :)
This update is actually more conservative and long term in time, but it could happen any time now. Watch for the uptrend triangle.
With an all time low MACD indicator on the daily.
Mona is looking like wanting more... The sellers are gone, we need new buyers, the volume is not showing up yet, BTC keeps ruing Mona imperial's views.
Take care, set stop losses, it could happen any time now.
Looks like NavCoin might be one of the few coins making a move today right now, we'll see how it develops but looks like a megaphone to me :).
I've been a long time holder of Nav, so it woudln't matter at this point (in fact, I just recovered some stuck coins).