STEEM Has Increased Nearly 70% in the Last Month
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STEEM is currently trading at $0.295. STEEM has achieved great success by increasing by nearly 70% in the last month and has signaled that it can move even higher. STEEM truly has great potential and I believe it can provide greater returns to its investors in the future.
I think it can move rapidly towards $0.5, especially if it can break the $0.3 resistance, but selling pressure is increasing above $0.3, and it needs to clear them first. It tested the $0.3 resistance a few times, it is really strong but I think it will break it eventually. I also think a stronger altcoin season led by Bitcoin is just around the corner. we will wait and see.
This is not investment advice, please do your own research before investing.
While this is a good signal Steem is capable of much more it's just a shame those adding the selling pressure won't let it.
You are right, selling pressure is increasing above $0.3. I hope the Bulls will clear them and I think those who sell below $1 will regret it in the future.
Upvoted! Thank you for supporting witness @jswit.