RE: falling back to 0.01016 Oct 2020 11:39
Wolves price action doesn’t support that at all, touched 0.020 rns before last and dropped back because eghos selling a shed load, touched 0.020 again this week off the back of latest rns again dropping back as so many banked profits. If the market didn’t think anything of recent rns releases we wouldn’t have had 30% spikes, them being sold into is what’s caused it to drop back.
Mm’s churning out those having bought at historic lows, typical behaviour before a rerate.