Quote from: rpietila on April 20, 2015, 03:54:58 PM

As always, it can go up, down, or stay put.

I tend to think that we are in an uptrend, and also at a low end of the trading range, so up is a better chance.

I personally see this period as a consolidation, which will, after some time, continue the bull trend (the top line of the descending triangle is getting very close to the current price). Also, for Monero in general I would not like to see a break of 0.0028 (which is a quadruple bottom at the moment). Breaking this will probably result in a sharp correction and thus a decline in confidence. Furthermore, in my opinion, a bulltrend gives more incentive to actually build the economy surrounding the coin.

@ oblox, that is indeed correct.