Does Waves have a big event or big news later this year? At present the price of Waves coins is very low, even I don't think the price of Waves will fall to $ 0.55 USD
It will for sure go below $0.5, If BTC dumps more. People are also losing confidence in Waves and are exiting to other coins, Once those are out, We'll maybe see some green candles.
With Sasha focusing on everything but WAVES and introducing massive inflation the drop has only just started. This is why WAVES is the only project solidly going downhill, development and price! It's going to get much worse for sure.