Steem consolidating

in #steem5 years ago (edited)

Steem is consolidating within the ranges that are expected.

29699066-F417-4A26-A1F9-801770DC79C7.jpeg

Just above $0.43 could be considered a nice entry.

What is really positive is the rising OBV. It tells us that overall interest is rising and people are accumulating steem. This is why I stay bullish as the price consolidates.

Sort:  

I think the recent rises above 50cents have also made people less likely to sell for the current prices. If you know it has been 20% higher a few days ago, your are psychologically way less likely to sell for 43cents compared to when it would have been there for months.

This post has been revived by steem-forever and will get extra rewards. This happens when a post is upvoted on steem-bounty.com after the 7 day post life.

Users can simple upvote via steem-bounty.com continously, so posts can live and earn rewards forever.
Authors can share their steem-bounty.com links and get upvoted forever.

We hope this will allow everyone to earn more meaningful rewards over longer timeframes than before.

It's nice that it didn't dive straight back down. Feel a lot more confident around here at the moment and we have been seeing a lot of progress happening too.

Posted using Partiko Android

All we need is for some of this purchased Steem to get powered up!

Posted using Partiko iOS

I feel the terrain being prepared for the next bull run, and I´m not alone!

Yea it is!

Coin Marketplace

STEEM 0.16
TRX 0.13
JST 0.027
BTC 59329.35
ETH 2613.53
USDT 1.00
SBD 2.44