The trading volume exploded and it seems like the course could turn back up now.
The uncertainly because of the 1.august drags almost every cryptocurrency down at the moment but in general the news from 1. august dont affect rep primarely, so I dont see any reason why REP got as down as right now. It was probably only because of the general sell panic.
Its just a suggestion but because of the huge volume(it was never so huge) we can see that sellers and buyers are fighing at that price level. Its a sign for a bottom. At least for a temporal uptrend in the huge downward channel.
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Another 80% gain
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