I think the fact that many people are sitting and waiting for this dip we are all waiting for may some of the reason it doesn't seem to be happening.
 
As time goes one, more and more give up waiting and start buying in, which seems to be holding the price up.  If the price starts rising significantly,FOMO may take over and many of those people with CASH on the exchanges waiting for the dip may start buying creating a decent pump.