Ignis ICO futures price maybe... But IGNIS is worth approximately 1.5 USD in Ardor wallet as far as I know. And since IGNIS is already released and may be listed at exchange in next few weeks, this chart will be outdated very soon. And a lot of people will loose short term. Also what is the volume there? 6.3 BTC. ARDR has 170 BTC at HitBTC exchange. Once IGNIS gets listed, volume will go up. And I really don't believe that market would share that 0,15 ETH (at the time of writing) sentiment any longer.
And the logic is real. You can buy IGNIS at 1,5 USD in ARDR wallet. Send it to HitBTC. And sell IGNIS it for 10+ USD. That would take less than a minute and sellers will dump the price. Also, HitBTC supported airdrop. So a lot of folks will have IGNIS at HitBTC at the time of listing. No way this imbalance can survive beyond the point of IGNIS getting listed. Until that time... Maybe your chart will go in direction you expect. After that, it will go the other direction.
Sometimes it pays off to read news, too. Not only charts, master.
Also, this had already happened to TRX at HitBTC. Price for it was way over the top. Almost 100% higher. All the people buying cheap at Binance and willing to sell higher only found out that HitBTC has technical issues with TRX deposits and their TRX got stuck.
After HitBTC solved the issue (it took a day or two), the price went down to level of price at Binance in one 5 minute candle.
If there was no technical problem, there would not be lack of TRX at selling side, and price never got so much over the top.
Same will happen once all the free IGNIS from air drop actually reaches the exchange.