Where is Steem Heading to? || All About Steem

in #steem5 days ago

Hello guys! Everyone here at Steemit absolutely love STEEM. With this newly started bull cycle, our eyes are always set on Steem token. I'm going to try to analysis the movement of Steem and may share some important news about Steemit.


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Fall & Rise of Price


Steem experienced a fluctuating trend over the past week, showing strength after a short fall. It began the week near $0.124 but dropped to as low as 0.114$ before rebounding. The chart suggests a potential support level around $0.115, which could prevent further declines if held.

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Price Now: 0.124$

Price Change (7D): 0%


So this is all for today. I hope Steem will perform nicely in the upcoming week. Let's see how it plays out. Till then, take care. Bye!


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Upvoted! Thank you for supporting witness @jswit.

Hey @muqatil, great to see your STEEM analysis hitting the hot page! The Steemit community is definitely laser-focused on STEEM right now, and your breakdown of the recent price action is super valuable. I especially appreciate you highlighting the potential support level around $0.115 – that's exactly the kind of info Steemians are looking for.

Thanks for taking the time to share your insights and I'm looking forward to your updates. Have you considered adding moving averages to your chart analysis in future posts? Keep up the great work, and here's hoping for a strong week for STEEM! What are everyone else's predictions for STEEM in the coming days? Let's discuss in the comments!