Crypto Crash 2018: Steem rallies back from $3.00 low, nearing $4.00

in #crypto7 years ago

steem.png

After briefly dropping to a low of $3.05 earlier today, STEEM has temporarily rebounded back into the $4.00 range.

As you can see from the chart above, STEEM's price began to increase a few hours ago after one of the worst trading days in the history of cryptocurrency. It's appears the massive crypto sell off may be finally over, but not before nearly every coin lost 30% of its value.

Keep in mind this infamous old trading cliche - "buy low, sell high"

Cryptocurrency prices have been at historic highs for the last month, creating a situation where a potential sell off was almost inevitable. Since this has now taken place, investors have plenty of opportunities to get back in at lower prices. What are you buying and selling today? What are your predictions and recommendations?

Peace,
@oraclefrequency