everyone wants to sell before a dump then buy at a lower price to get more coins
It might surprise you, but I think a substantial portion of the people inhere don't. They just hold and buy more, never sell.
It's a scarce commodity. Dumping is risky. Fewer XMR come into being each day than the last. Exponentially more exposure every day. That alone is going to require a pressure suit to deal with. Bullet Proofs, hard wallets, soft wallets, exchanges, vendors - This is all accelerating together. Andreas' recent talk exactly described Monero, though he disdains to mention it by name. People are starting to click that fungibility is a thing, and they don't have it. Short term, ask range driver or someone. Mid to long term, I can't help but be ridiculously bullish.