Do you think that the current sudden and big monero pump, is just a precursor of an imminent large dump? Or maybe rather, ppl buy suddenly for some other reason?
If the pump is large (like 10+ % per day) it is unlikely to hold.
As long as the growth is gradual, the trend should continue at least if it plays the same way it has played recently.
I would personally not be that worried about dumps when the bottom is this close. It is more dangerous area when the price is 0.003 and especially if it spikes there too fast (like in 24 hours).
On spring the price continued to pump slowly slowly to 0.003 and after it shot over night to 0.004, we had dump. That type of rises I would personally worry. A few percentage up when the price of the coin is only 0.50-0.6 USD/piece IMO are not that dangerous.
That's my 0.002 XMR.
