#COAI For this coin right now, if it wants to pump, it needs to break through at least 1.5-2.5, because there are quite a few positions stuck in that range. If those people can break even or make a profit, then it’s definitely aiming for above 5, maybe even a new high. But if it dumps, dropping below 0.5 means it’ll add another zero for sure, which basically means the price won’t recover any time soon, just like those previous pump-and-dump altcoins. I think the likelihood of the latter is much higher than the former, because there are so many altcoins now, and it’s easier for whales to just move on and play with another coin.
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#COAI For this coin right now, if it wants to pump, it needs to break through at least 1.5-2.5, because there are quite a few positions stuck in that range. If those people can break even or make a profit, then it’s definitely aiming for above 5, maybe even a new high. But if it dumps, dropping below 0.5 means it’ll add another zero for sure, which basically means the price won’t recover any time soon, just like those previous pump-and-dump altcoins. I think the likelihood of the latter is much higher than the former, because there are so many altcoins now, and it’s easier for whales to just move on and play with another coin.