Maybe a double bottom (vs Dec18) is in place.
Volume increasing stably on most Exchanges. As AVG 1,5M$ per day (not considering BITHUMB where token exchanged are in the Top25, even ahead of ETC).
Huge Volume peak @ the end of August.
Drawing some up-trending lines & comparing with some fractals, possibly hitting the 37-38 $cents by the end of Sept and in the 50 $cents by end of Oct19.
Then we have the Mainnet launch and the token swap (XNS), therefore some profit taking could be reasonable.
Best
Volume increasing stably on most Exchanges. As AVG 1,5M$ per day (not considering BITHUMB where token exchanged are in the Top25, even ahead of ETC).
Huge Volume peak @ the end of August.
Drawing some up-trending lines & comparing with some fractals, possibly hitting the 37-38 $cents by the end of Sept and in the 50 $cents by end of Oct19.
Then we have the Mainnet launch and the token swap (XNS), therefore some profit taking could be reasonable.
Best