Correction is a normal thing. Usually after such big growth (for 46,5% during a day) there is a correction of the price.
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I would say that the correction happens anyway. Traders see a big increase and begin to sell the asset taking profits, thereby causing a certain drop in prices. And after that, an asset can continue its growth if it is interesting as before.
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Correction is a good way for traders to earn more money on a short period of time 
But there is not so big correction. In general the price of EDC raises.