You're right: it doesn't make sense in terms of news. It's an oppressor.
It's useless trying to figure out why someone sells IMHO. Maybe they need the money, maybe they had a stop loss. Maybe they bought them lower anyway.
This is going to happen from time to time in any speculative investment, ans all alt coins are speculative investments.
The tech on XC seeems good but that doesn't guarantee the price will be "rational"...whatever "rational" is.
Well what you are saying is generally true, but when it comes to XC, manipulation is the word of the day, every day, and rightfully so. I "study", in an amateuristic approach, crypto since april, and have engaged in some communities for prolonged periods either as a lurker or active member, and XC has by far the most irrational/inexplicable market. Maybe a more experienced member or avid trader thinks otherwise, but im talking from my point of view, and from my personal experience only.
