Currently moving downward from the previous 4884 satoshis level and just going below monthly support of 3084 satoshis, there is no visible stop for now.
I am expecting the move will follow the trend downwards as it has broke the wedge towards the support level creating new move, in this case falling strong.
It seems that a test to the monthly support of 2300 satoshis is very likely to happen and from there an accumulation phase where anything might be possible.
With the current markets specially hitting hard altcoins it seems that there is no sudden move to happen in a month or so, so buying and holding will be a good strategy specially with the lower prices.
I am expecting the move will follow the trend downwards as it has broke the wedge towards the support level creating new move, in this case falling strong.
It seems that a test to the monthly support of 2300 satoshis is very likely to happen and from there an accumulation phase where anything might be possible.
With the current markets specially hitting hard altcoins it seems that there is no sudden move to happen in a month or so, so buying and holding will be a good strategy specially with the lower prices.