Price has invalidated the Hammer and is breaking lower. There is a confluence support level around 0.5 which may give some relief, but Bulls would like to see a move, as shown with the green arrow in the chart. If 0.5 breaks down, look for intermediate support at 0.4 and then 0.2 looks to be the next solid support level. It is looking bleak for the pair, as with many others, as the total market cap keeps falling. But we are reaching levels, were long term bigger holders will see it as a good opportunity to step in, investors with a few years of investment horizone. It can shift quickly. Some bullish divergence by the Daily S1 currently at 0.6. A bounce is likely to be sold off.