Back to collectionAbove two cents, with doubts intact
The year had closed near its lows, and several green days at the start of the New Year drew people back to their price screens. XAI was quoted at $0.021, back above two cents. The price changed the mood of the group, but did not answer whether the rise could last.
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The year had closed near its lows, and several green days at the start of the New Year drew people back to their price screens. Those who had lived through last year's decline were curious about the rebound but wary. The Night Watchman watched the group shift from discussing tasks to discussing when to buy.
XAI was quoted at $0.021, back above two cents. Two weeks earlier, almost no one in the group believed it would see a price beginning with “2” again. Now some called it a turning point, while others reminded themselves that they had merely recovered a little of their losses. The Night Watchman offered no verdict and suggested thinking through the risk each person was willing to take.
The price changed the mood of the group, but did not answer whether the rise could last. Anyone considering another purchase had to choose between waiting for more information and accepting the swings that might follow buying into the rise. The Night Watchman planned to watch for price talk turning into promises no one had substantiated.