As for the second question, I don't think there's a single user in the world who can give you a definite answer as to how low the price will go, and anyone who tells you otherwise is probably a dick.
Also you have chosen one of the few LEO users who has zero expertise in technical analysis and who beyond supports and resistances doesn't go on charts, and who doesn't even care to have them because fundamentally I don't think it can work in a market based largely on emotions, my approach is always based on the validity of the project and never on charts telling me things.
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