Moving Charts: STEEM Prices Analysis | 10% To @tron-fan-club
Hello and good evening to everyone at the Tron fan club. Last week was dramatic. It's been a very volatile week for steem. Overall the price has been lower than previous weeks, but in the middle of the week steem has seen some worrying lows.
This time last week, steem was being traded at 0.24$. Although previously steem was valued upwards of 0.26$. regardless, from this point on there was an attempt to cross the 0.24$ margin again to recover fully. As this didn't happen, the reversals recorded lower lows every time.
Once steem succeeded in crossing the 0.24$ mark, it quickly came down for worse, recording a weekly low of 0.205$. Thankfully some of it was recovered in the reversal. Steem touched 0.235$ upon coming back from 0.205$.
Steem got volatile after this crash to 0.205$. after touching 0.235$, steem went under 0.22$ and almost near 0.215$. This happened twice. Then late into 10th December, steem saw a pump which was mostly in association with BTC and the other tokens of the market. This pump saw steem come back to 0.24$, where it currently tries to stabilize itself, before moving forward.
All Screenshots are taken from Coingecko
Steem has been going through a bit of a rough patch lately. After being consistently on the high for the past few weeks, there's been a fall since last week. The market isn't being kind to ALTs either.
No word from this article should be taken as financial advice.
Thank You.
VOTE @bangla.witness as witness
![witness_vote.png](https://steemitimages.com/640x0/https://cdn.steemitimages.com/DQmW8HnxaSZVKBJJ9fRD93ELcrH8wXJ4AMNPhrke3iAj5dX/witness_vote.png)
OR
https://twitter.com/Arsalaan00070/status/1745525155756151102
This analysis is good and hopefully the market sentiments drive this way which is really good for all of us since we work on this platform and I expect that the token value will appreciate overtime.
Your article is very amazing. I hope you write articles like this in the future. thank you.
Thanks for taking the time to carefully analyze steem price, I wish we see $2 steems this bull run.
Nice article, having a head up .
Nice article and proper articulation, we hope the price of steem rises.