Price drop with low volumes could mean a buying opportunity, price drop with big volumes could mean major pullback.
Right now ETN has against them: tech issues and delays, 1 exchange to trade their coin, pullback in the crypto market which could continue as to see BTC around 8k. On the upside, if you will get a bull crypto market, have them resolved their tech issues/delays, +1 exchange (with significant volumes) and if you add up that they are good on marketing you can get a good outcome at the end of the year.

Note: Regarding cryptopia/etn, they just not only got paid to list the coin as it happens with the majority of the other coins, they heavily mining ETN.