u/Mr-Dragonaut

Price is going down but don't panic

Price is going down but don't panic

https://preview.redd.it/yoqjni2v2a9h1.png?width=1409&format=png&auto=webp&s=f159d4f1b5757e047205b2682efbb99da81af4f4

The dotted line is a regression line for the past 3 months. Price tends to gravitate towards it.

If no major shift to the downward happens, price is likely to go back to the $5.88 level in a fairly short period (a few weeks), which is a 30% jump.

The current dip in price we are in mirrors what's happening with all speculative stocks. I can name some as an example but it's against the rules here.

This is not financial advice, just an idea, do your DD.

reddit.com
u/Mr-Dragonaut — 12 days ago