Everything is possible, but I believe the most likely scenario is 2nd Fibonacci retracement of the newest move. The move looks like a double top, also bouncing down from the Mintpal resistance level, so is technically bearish now.

The top is visible (0.00938), but the startpoint of the move is more difficult, can be at least 0.00100, 0.00161, 0.00263. Depending which one we take, the retracement bottom should be somewhere between 0.00420 to 0.00520.

Retracing to that price range and bouncing back up, is also supported by theory that the secular resistance in 0.00420 has become a support due to the breach in high volume. The support must be tested, after which the rise can continue.