Yes on technical analysis this has shown pretty good resistance at 0.10. Bear in mind it did go up 160% recently, this is crypto it’s volitile AF.
I suggest you do some research on the coin and buy into the tech behind it. Think of it as an investment and not a quick profit trade. We all want to make money and this coin has some serious potential (but so do many others). It’s your money man put it where you want. I have mine spread here, XLM, LTC,BTC. I occasionally dip in and out of some others depending on market volatility; however, those 4 are my main as I believe in the tech and ability for mainstream adoption the most.
My main concern with this coin up until
Mid 2018 is that it’s early days and it can get dry between development news. Also the majority of buyers are ‘hodlers’ seen through the relatively low 24hr trade volumes. In basic this means that between news, you will see a very steady bleed on the coin validation.
In addition you are looking at a max 10usd valuation due to coin supply. This could potentially go to 100usd if mainstream adoption went into full affect, but there is no chance of it hitting 10000usd or above… there is just not enough money on the market for that.