Sort:  

No basis at all, its just price action, when ever we reach areas of supply and demand.

maybe there is any speculative thinking behind this, isnt??

Nothing goes straight up. The basis of technical analysis is analyzing statistics powering the price action and trying to make predictions based on probabilities.

Coin Marketplace

STEEM 0.23
TRX 0.21
JST 0.035
BTC 97405.88
ETH 3349.98
USDT 1.00
SBD 3.18