STEEM monthly closing prices: Uptober did not make an appearance

Well, the closing price for October is in, at $0.08414.

Pretty much all I can say about that is, "Ugh". It wasn't just STEEM. It was the whole crypto market, but "Ugh".

Predictions

Let's start by looking at previous predictions.

Here are the answers that were posted two months ago:

account	September change	EOY 2025 change over/under $0.25	seasonal change over/under $0.12741 on Memorial day	# Correct results
@massola	Up	Over	Over	0 / ? / ?
@remlaps-lite	Up	Under	Over	0 / ? / ?

And here the answers from last month

account	October change	EOY 2025 change over/under $0.25	seasonal change over/under $0.12741 on Memorial day	# Correct results
@massola	Up	Over	Over	0 / ? / ?
@moecki	Up	Under	Over	0 / ? / ?
@remlaps-lite	Up	Under	Over	0 / ? / ?
@mostofajaman	Up	Over	Over	0 / ? / ?
@labibasultana	Up	Over	Over	0 / ? / ?

So far, out of 7 completed price predictions in 2 months, Steem's commenters have 0 correct.

Right now, 4 predictions are calling for the year-end price to close over $0.25 and 3 are calling for it to end below $0.25. Additionally, 7 of 7 predictors are calling for a price above $0.12741 at Memorial Day in the US (May 25, 2026). (I'll give all predictors credit for ties)

Brief price discussion

The crypto market went into October with an expectation for "Uptober" to bring positive price movement. That didn't happen. Top-tier cryptos like BTC and TRX were punished a little bit. Lower-ranked cryptos like STEEM were punished a lot.

Month over month, the STEEM price dropped by 28% to $0.084. If I'm not mistaken, this was STEEM's lowest-ever monthly closing price, surpassing $0.099 in February of 2017.

Grasping at straws, one potentially hopeful note is that Feb/2017 was followed by a 76% gain in March, and the price was 32x higher a year later. It remains to be seen whether the next year sees a similar turnaround.

So far in 2025, STEEM has two positive months and 8 negative months. Also the opposite of what I had anticipated during a year that followed a BTC halving. Across Steem's lifetime, the lowest number of positive months in a single calendar year is 2018, with 3 positive monthly changes. This means that 2025 needs one of the next two months to be positive in order to tie 2018. It can still come out ahead of 2018, with 4 monthly gains, if November and December are both positive.

Now, on to the visuals.

Monthly percentage changes

Monthly price changes (USD)

Monthly closing prices (USD)

Wrapping up

Looking at the upcoming months, November's track record is that 6 of 9 months were positive. In contrast, only 3 of 9 Decembers were positive. There's also a lot of green in the Q1 months.

Finally

Here are this month's questions (just for fun):

1. November 30 closing price: up or down from October's close of $0.08414?
2. December 31: Over/under the 2025 opening price of $0.258505?
3. Memorial Day, 2026: Over/under the (US) 2025 Labor Day price of 0.12741?

Post your answers in a reply.