the single largest factor which i can identify as likely to trigger an xmr bull run is capital controls in europe. when peripheral sovereign spreads blow up again, it means the ecb gets desperate in the face of failure and capital controls are imminent. the next most likely trigger is a publicized series of arrests of darknet market players, particularly if demonstrably related to blockchain analysis. that would chill btc blackmarkets and xmr is the most fit competitor. synergetic scenarios are possible as well, but less likely. for example, greek barter economy adopts btc, tax arrests follow...
i think europe and east asia are the most likely sources of a demand impulse.
I still can't believe DNM users (and vendors) haven't pushed their markets towards utilizing Multi-Sig for their financial protection, their privacy however....
XMR + Multi-Sig + DNM = Future goldmine in my opinion. Call it Mo' Obfuscation Market. M.O.M.

Re: Speculation - Excuse my inexperience, but would all those green candles but slight downtrend (using this term loosely) / stability over the past week be considered an accumulation zone?
Or are we all forever in the accumulation zone?