Why to stop this?
Unzoom the chart at the maximum, it still doesn't look like a classic P&D, and it still looks bullish
Unfortunately it looks like P&D, at least now ... yeah, almost of altcoins are now falling ('cause of BTC rise), but NEM has the hardest fall from all the Top20 coins...
25% yesterday with 20% today. That is not looking great tbh. I bought at 1760 dont really care but seems unless there is something coming. There wont be any rise to 3500 or even 2800 for that matter..
Edit: for nem to reach $1 it will have to have more than x30 of its current marketcap and price.. what makes you nemmers think this will happen? Btc is on its bullrun and alts price will keep dropping like rotten tomatoes for now.
Is there anything new or special coming? No right?
Then either hold or sell. Dont expect price rise when there is nothing coming
Edit x 2 : however sell orders are dropping. From yesterday at 2800 to today at 2200 around 20million NEM have been removed from sell orders on polo. But that means nothing. Could be moved to nodes for rewards. Or could be simply a whale accumulation. The latter is less likely though imho.