I believe it's correlated to the Steem price. So if the market and Steem go up again I think the most likely scenario is that SBD also goes up.
I don't believe that the price will go down to $1 since it hasn't been there for months. And even if it does it might go up so now and then.
I also expect to see more pump and dumps in the future. Just like 2-3 times a year.