But this thing is poised to rocket at some point.
Why?
Price has been holding up very well even with lots of miners selling for profit. Mining is getting more difficult very fast, making it likely FLT will become more scarce, driving the price up. But who knows...
True, last 9 days the coin range was 1100-1300 give or take...
The week before that the range was 1500-2900 ...
Now it's slowly rising, will we see it go to 3000-5000 or is it likely to go backwards to 500-1000 ?
Or is this the "true" low-high; 1300-1500?
I think we will steadily rise to 2000's as a new base and whales will start pump and dumps, but a lot of strong hands own now. Mining pressure will ease as difficulty increases and we will hopefully weather any pump and dumps and have a stable weekly rise from the 2000's to 3000's. From there we'll just increase believers and the price will continue to steadily rise. Obviously, I don't know this will happen, but I think it will.