My view when a chart forms a stall bottom but doesn't go any lower, we see this in Ripple's chart too. A long-term buyer, has picked that level and is supporting it. Sometimes could be multiple buyers picking that level. Another factor causing this is BTC soaring, NAV is only traded in BTC, so normally BTC rallying could cause NAV to drop in BTC value, yet if buyers pick a ratio, such as .0008 NAV/BTC to hold the line against the ratio dropping, then NAV rises along with BTC even though the chart is flat. It's a good way to invest in BTC if this is truly what is happening because a person could get all the BTC appreciation and then if NAV has any additional appreciation, they could capture that too. Not guaranteed, just something that can happen with coins.
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any idea when nav are going to launch its software