The price has been recently taking massive swings. It has gone from 320 to over 400, and back down, 2 times. I am not sure what to understand from it.
My guess: breakout attempts in a low-volume, volatile market that doesn't fully support the uptrend (yet).
Low volume is the norm, some players are probably liquidating their stash regularly without caring too much for the exact price, and sometimes there's a (good or bad) reason for some actors to put some bigger amount of cash into the market. Also, there's a more healthy amount of money *and* coins waiting to be put in the books when the prices deviate too far from the predictable range (an elastic rope with a length of about 80 usd).
In short: the swings are the result of the thin volume..
So I agree: the recent increase in volume at most exchanges is a good thing. Perhaps now we can expect actual market prices somewhere in the near future..
Note that if money isn't going to gush in again soon, we're falling back into the old down-trend. (And even if that old down-trend is broken, we might get a parallel trend..)
Not trying to be bearish here, just cautious;)