#pons This move is likely nearing the bottom.
After being listed on leading exchanges such as Coinbase and UP in quick succession, liquidity has improved, but the price remains sluggish and has pulled back about 60% from its high.
My cost basis for my long-term position was around $0.50. I’ll continue adding in batches between $0.42 and $0.38, which should bring my average cost down to around $0.45.
Once the bottoming process is complete, the key thing to watch will be the start of an uptrend, with a target of $1.
After being listed on leading exchanges such as Coinbase and UP in quick succession, liquidity has improved, but the price remains sluggish and has pulled back about 60% from its high.
My cost basis for my long-term position was around $0.50. I’ll continue adding in batches between $0.42 and $0.38, which should bring my average cost down to around $0.45.
Once the bottoming process is complete, the key thing to watch will be the start of an uptrend, with a target of $1.