RE: Steemit Crypto Academy Contest / S16W3: Steem’s Potential in the Bull Run
You said it's too much hard to predict the future price of STEEM COIN. The reason you give is because of the high in crypto. Yes that's very much true, everything is possible in this so much volatile market, but we have something in history. In history we already know that all the crypto currencies behave very well in Bull cycle. Steem has a good record too. On the basis of that data we can say Steem can go up above $1 and my range is $1.5 by the end of 2024.
You are using some splindent technical tools like, Fibonacci Retracement, Moving Averages (MA) and checking the volume. Yes it's very true that these are some awesome analysis tools that gives perfect data. I will suggest to add some other tools too, like RSI, trend line, and many other.
Wish you get succeeded in this contest friend.