I don't want to be a spoiler but I've seen the situation where the coin is in now before, and it's only going downhill from here.
Right after it hit the exchange is was looking great, I bought at 8s, and it quickly rose to 12s... but then the dumpers came into the game and I couldn't even get rid of my ECCs anymore in time.
When the 8s buy wall was melting away I sold to break even and I'm glad I did. Now the 7s support is gone, and the 6s support is down to its last bitcoin...
If it doesn't die, it will take a long time before it hits a turning point.
EDIT: Well, I might be wrong :-) as the 6s wall just got stacked again.
Sell support is probably too strong to lift the coin out without some other impetus at this point. The buy walls can only get replenished if buyers can be convinced that the coins price has an upward potential.