yes we could say that the bubble popped or you can say the correction is underway. in all this down movement for over 45 days now we see some bright light here and now and in my opinion this is the time. even though we broke first uptrend line (first blue line) not so long ago, we might get some up movement because we are on the low side of inner channel. if not the second uptrend line (blue line) will be in play
this analysis can be applied to any coin, because lets be frank in time of panic we like to stick together and currently all coins dance the same
Am seeing many speculating 12k, 14k, 17... while still speculating 6.5k.
Lots of looming news with people and bots taking profit. Volume hasn't come in yet. Soon.