Steem Price Rallied More Than 40%!
I guess every single one of us just waited for this to happen. Today it finally did and we can enjoy Steem being traded 40% higher than just a few hours ago. At the very time of this post the price of steem stands at 2.71$ to be precise. A lovely value considering the fact that it has been worth half as much only a few days ago.
It even gets better whenever one takes a look on the monthly chart. There we can spot that this spike lead to new highs and could just lead to a break of this current sidewards-trend we've been experiencing for quite some weeks already.
I'm bullish on crypto in general and of course as well on steem. There's nothing that could stop me from investing my valuable time into this awesome platform and I'm so happy that there are only about 2 weeks left until I can finally call myself a full-time steemian :)
What Do You Think?
Will The Price Hold Its Current Level, Fall Or Rally Further?
A Crypto Startup Revolutionizing Steem! |
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It's a welcome news considering it has been downtrending for awhile now. I am hoping we have seen the last of the bearish season until next time till then let's go hunt some bulls.
I'm definitely happy to see some uptrend in crypto again. I don't think we are entering a bullish trend though as people are just too cautious and might just sell again at first sight of falling prices.
The be fair, the bull run was very quick.
Isn't not like we have been at $8 for years.
The bull run last year was too much too fast. Healthy growth is the key!
I hope the bear market is finally coming to an end. Its time for new ATH
Mmh don't think we're quite there yet. The dumb money still remembers the last crash so won't rush in that easily again just now
thank you for a kind information....thank you so much...keep it up carry on your activity best of luck try something new....
OOOOOOOWEEEEEEEEEEEE!!!!! That's the best news all day @steembusiness!!!!
Whoop, steem is back and on its way to the top :)
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does it show/include steem?
It's certainly something to celebrate considering that it's been a while since we see steem that high. Hopefully it will build more momentum so it can finally breakthrough the bears. Also, congratulation for becoming a full pledge steemians in two weeks @steembusiness
I think the markets have shaken out a lot of the speculators who lacked conviction in crypto and panic sold as the market started to dive. We should hopefully be at a more stable foundation now with investors who better understand the market and are less likely to panic sell. Fingers crossed at least!
The weak hands are always getting shaked out. It's just a question how long that'll take.