When you look at the circumstances around PXC at the moment, it's a really good sign price is holding around .0003.
Why do I think that ? I try to put myself in the place of the average alt coin investor :
-no news for a few days
-very low profitability compared to most other coins due to difficulty spike
-no rise in price and low trading volume
The above are all reasons for investors to avoid PXC right now, because coin investors have a very short memory and very short attention span. All this has convinced me that .0003 is the new .0002 haha. The very bottom, unless something terrible happens like John's house being vaporized by a meteor while he's smoking his chicken wings.
The fact that no major dumps back to .0002 (and below) have taken place is a huge confidence boost for the coming week. I think it means that people are getting very confident in Phenix and what's to come. They are willing to wait. Usually they are not !
OK, i'm calling it : .001 within a month. Quote me on it later
