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.