STEEM is strong while the rest of the Crypto Market is Weak

in #steem3 years ago

STEEM is strong like bull

While the rest of the crypto market has been getting hit hard, especially defi, STEEM has been surprisingly strong.

What first started out as STEEM riding on the coattails of what was going on with HIVE has since turned into STEEM being strong while HIVE sells off.

Check it out:

image.png

(Source: https://coinmarketcap.com/currencies/steem/markets/)

I'm not sure how long this will last so we likely need bitcoin not to completely fall apart here to keep the STEEM momentum going.

I think if bitcoin can behave STEEM has a real chance of taking out a dollar in the coming days/weeks.

In fact, I could see it going as high as $2 in the coming weeks...

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Unfortunately if bitcoin doesn't hold up here, I don't think the STEEM gains will hold either.

I think it will touch 4$

Wow, you think so? When do you think that might happen?

I think January -February

@jondoe very good news May I study with you

Well, it has maintained its trend for several days

Steem is going to be playing catch up to the Hive blockchain right now.

Yep, hopefully.

⚠️#STEEM 1w beginning to show GREAT STRENGTH and is ON INSANE ALERT. The strength currently being shown may only be a minuscule part of an EXTREMELY larger run. $STEEM 1w is set up technically to RUN OVER +708% MORE before reaching the current breakout target at 6.41!!!

#Steem

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I hope you are right! Anything besides a trendline break make you think it goes that high?

we hope it

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