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That chart makes it look like down is the way of the trend. Maybe we will get bellow $0.06, that would be quite the sale campared to this price . . .

I agree, I have been expecting a broader crypto pull-back anytime between now and Aug 1st, to last at least into August. I posted a few days back about the downtrend being painted on both BTC and Steem chart dailies.

Steem Downtrend Daily 7-6.png

But, as usual, anything could happen.