There is expected news of new members joining the EEA toward the end of the month. Perhaps Consensus-NY on May 22, 2017.
Raiden's MVP is currently at 85% complete.
Casper is on the way.
Which unlocks the ability to use Raiden, as well as Dash/Zcoin/Monero competitor, ZKsnarks.
The price has upward momentum, even in the face of a black swan news event.
Do you think there will be a breakout of the which reflects the upcoming news?
Good work with your analysis, you are obviously well informed and have a good sense of technical analysis!