Do you believe that its value tends to increase more in the coming days, because of this wall was placed?
Possibly. Somebody has invested a large amount of BTC into XMG the wall has maybe been put there to protect that investment. I can think of a couple of scenarios
1. The buyer has bought to all coins to 5000 and is holding the wall to protect and sell the previous invesment a profit, assuming more people will be buying seeing the large wall there
2. The buyer has secured the coin to 5000 and wants to increase the price further and is using the wall to stabilise the price before a pump
3. The buyer wants to accrue as much XMG as possible and the wall is used to soak up as much XMG
Questions are. how long will the wall stay in place for? How many people will sell for 5000?
More BTC pressure has been secured behind the buy wall too since earlier. All very interesting developments.
I'll be very interested to see what happens next.
Note: I saw that somebody put a sell of 1.2BTC of magi at around 3000 earlier today, and I think that triggered the large buy and secure order.