The uptick in price catched my attention, but we often see this upfront of big events in every coin. Rebrandings have been very successful in the case of NEO and VEN . So people react to that, but right after these events are nowadays usually dumped. Sell the news! The current upswing in price come with almost no . This means there is no incentive for holders to sell it now, but the supply side can change at any moment.
We can see this using the OBV indicator that should go up with rising prices to show a healthy trend that involves wales that are accumulating. Once they stop the curve gets flat. This is my favorite indicator for evaluating cryptos right now. The OBV reveals that wales were buying at the relative bottom in December and hold on to their coins while letting others drive the price up in anticipation of the upcoming event.
What else does the chart tell us? Heavy divergences in the momentum oscillators. My short term custom MomKijun indicator as well as the 3/10 both show lower highs on higher highs in the price for the recent upswing. This usually means that there is a pullback immanent. That said, this signal might fail in the current market situation where the price seems to be driven up by a lack of supply which can go on up to the event in 12 days.
From the technical perspective I would advise you to sell the news and buy back later on a dip if you are in for the tech that I can't comment on as of now. Currently Lisk seems to be inflated.