You are viewing a single comment's thread from:

RE: Steem rebounds, but will it last?

in #trading8 years ago

Thanks for the upvote majes.

Yes, volumes are important to price definitely.

Every large move in either direction should be driven by large volumes to signal a credible price action and to remove doubt of a distorted move in a thin market. so for the past few long green candles we saw, those were done with decent buy volumes - hence a new sustainable trend upwards emerged thereafter.

Coin Marketplace

STEEM 0.16
TRX 0.17
JST 0.029
BTC 69505.86
ETH 2493.71
USDT 1.00
SBD 2.54