Steem Price On the MovesteemCreated with Sketch.

in #steem6 years ago

I know a lot of you out there are buying Steem whether it's to trade, as an investment, or to use on the Steem blockchain.

Prices have moved a bit higher lately as altcoins have been showing strength. 

On the Daily, we are above the 1oo and 200 MA. we have also entered into a clear uptrend.

The trend line I've drawn must be respected in the shorter term for the market to respect this move right now.


On the weekly we have room to move up and test the 100 and 200 week moving averages, right around the $1 level. 

Pretty simple scenario. There just has to be respect for the trend and we may have a chance at a move.


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