$BTC ACT has been falling continuously for a while, and since November 11th, it hasn't stopped. Each rebound has been lower than the previous one, and the bottoms are getting lower as well, which indicates a clear downtrend.

However, from November 21st to 27th, there was a situation worth noting: $ACT showed 3 instances of RSI divergence on the 4-hour chart, which means it has fallen a bit too much and might bounce back. Moreover, the trading volume was decreasing at that time, indicating that there weren't many sellers left.

Last night, it reached a low point that was even higher than the one on the 26th, which might be a signal that $ACT is starting to reverse, although it's still uncertain. If it can steadily break through the resistance level of 0.5 next, the reversal signal will be even more obvious.

As for how high ACT can go, no one can say for sure with such coins. Personally, I think conservatively it could rise above 2, and if optimistic, it might even reach above 5.