There's a Market resistance (possibly because of the dump) The Price is around 31K sats floor and It seems It'll be there for some time except the dump stops. Some people are even lowering their sell walls just to dump their coins.
If they wanted to dump it would have been done already people are holding cause there is a limited supply and they know devs will deliver imo.
I have to agree with you here. We're also still up quite a bit from ICO pricing, so one of the few modern ICOs to accomplish that. $1.00-$1.50 is a reasonable valuation.