Steem Price Is Taking Off!

Hello there steemians!

Look at the global daily chart.

Steem price has recently surpassed the resistance level that was set at $2,85 in May this year (green line). This is good news. It means it won't stop rising for now. Namely if the SBD price doesn't drop. We'll probably see some healthy consolidation in the next few days, and the price will drop a little bit from where it is now, but fear not, this is normal, and chances are it won't drop below $2,85, which has become a new support level. The uptrend will thus continue till we see a clash between the bears and the bulls accompanied by a huge spike in the volume. When this happens, there may be a change in the direction of the trend, but that's not going to happen in the next few days.

So guys, steem on.

Hyperion