Should break out of this downtrend soon. Looks like a bull wick on the 2 and 4 hour charts. Very good buy at this price. Previous high of 32K satoshis which is 450-500% of current price.
Concept is solid, team looks solid and project is by an established company with over 200 million users (apparently).
Do some research on the coin and make your own investment decisions. This is not investment advice.