Back to collectionA Slow Climb on Thinner Trading
After the price had held near USD 0.024 over the weekend, some in the chat still wanted a definitive name for this stretch of the market. The price kept edging upward, but trading volume shrank. Compared with the weekend's standstill, there was movement upward.
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After the price had held near USD 0.024 over the weekend, some in the chat still wanted a definitive name for this stretch of the market. The narrator was more concerned that a rise driven by sparse trading might make observers think the disagreement had vanished.
The price kept edging upward, but trading volume shrank. One person in the discussion wanted to buy into the move; another urged waiting to see whether subsequent trading would support it. The narrator recorded that small disagreement and kept the rise and the thinner volume in the same sentence, so the upward direction would not stand alone.
Compared with the weekend's standstill, there was movement upward. Yet it remained a light rebound, without evidence of broad buying behind it. The chat gained no new explanation of rewards or project progress. The next question was whether more people would be willing to buy at higher levels.