I cannot seem to find a good reason for xel to stay down. Its been doing those 1400 1500 1600 sats bottom everytime it went up. There is always a breakdown and back to 1500 sats again.
We need positive news, exposure, mass adoption, PR campaigns, tweets from every stakeholders
I agree with exposure, but even projects with exposure, positive news and huge developments have dropped back to November levels. This drop isn't exclusive to XEL just the overall bear run, so it's not really much of a big deal as nearly every alt is tanking similar percentages.
Many in general were disappointed not only in the elastic but also in the market in general. Given that the market is cyclical, then we are almost at the bottom and soon there should be a reversal up.