Before EOS There Was STEEM – Bearish Outlook As Price Approaches Lows of 2018
Steem Daily Chart
Steem 4hr Chart
Steem 1hr Chart
Key Takeaways:
Trading has been flat and on low volume this weekend.
The price is meeting some resistance at the 50 & 100EMA on the 4-hour chart.
In the longer term, it looks like the price is set to return to all-time lows of 2018. But in the mid-term, volatile price fluctuations are to be expected as traders dispute the value of this project.