Nope. Those who sell now, will save themselves from more losses.  I've seen this downtrend pattern with waves, amps, stratis and several other altcoins.   Once the insider whales exit, you can kiss the coin goodbye, save for some miracle in the long term or some whale that targets it for a pump.   All these crooked devs are making money from ico, pumping thier own coin, dumping and making the irish exit.