I feel like this is oversold now. My gut says it'll continue to drop tomorrow before bouncing back.
If you believe in the project, buy in over the next couple of days.
The announcement is solid, it just didn't meet the expectations of some and triggered a sell off. Stop losses would have also been a factor as people loaded up late last week on the back of volume increases, expecting a quick profit.
A heap of people would have bought in, expecting to sell before their settlement period too. Their hand was forced when the market reacted negatively, adding further selling pressure.
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Last
0.9¢ |
Change
-0.001(10.0%) |
Mkt cap ! $3.486M |
Open | High | Low | Value | Volume |
1.0¢ | 1.0¢ | 0.9¢ | $2.271K | 241.1K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 67 | 0.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.0¢ | 1219337 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 67 | 0.009 |
8 | 1534573 | 0.008 |
8 | 1793856 | 0.007 |
5 | 1664861 | 0.006 |
2 | 1199995 | 0.005 |
Price($) | Vol. | No. |
---|---|---|
0.010 | 1219337 | 3 |
0.011 | 438750 | 2 |
0.012 | 1436082 | 3 |
0.013 | 185103 | 1 |
0.015 | 735500 | 4 |
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