Quote from: dEBRUYNE on March 12, 2016, 03:21:37 PM

It's retracing/consolidating from the 348k top after that last leg up. Price is simply bouncing between resistance and support levels. The previous tops (233k and 246k, which previously were resistance levels) are currently acting as support zone. Furthermore, the declining volume on the retrace/consolidation is indicating that sellers are getting exhausted. Asks near market (although presumably most are fake) are still pretty high though, so it could very well be that we'll consolidate some more for some time. See:

Yeah, good point. Plus, the GUI isn't out yet, so the price will most likely go up in the long-term, from what I'm thinking.

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