IS IT THE BEGINNING OF STEEM FOMO ?steemCreated with Sketch.

in #cryptocurrency7 years ago

We all know that in the crypto it is usual to see pump-dump because of FOMO-fud.

If you don't know what fomo or fud means: Fear of miss out and fear uncertainty doubt

Let's take a look this chart:

Since 21 November, the volume of STEEM/BTC grew higher and higher which shows the interest of people in STEEM. More and more people will discover the potential of steemit platform and they want to have some STEEM because they don't want to lose the train causing FOMO. 

If the price overpass the resistance, The probability of STEEM to get mooned is very High 

At this moment STEEM is on the top 34 by CoinMarketCap (source: https://coinmarketcap.com/) and i estimate it can easily rise to top 18

(everething i wrote is my point of view based on what i have seen in the steemit community and chart analysis. Do what you want with the info ;)   )