Weekly STEEM Prices Analysis || 10% To @tron-fan-club

Good day to you all. I would like to believe every one of you is having a good day. The last few days have been very volatile in the crypto space. We have seen a massive decline all across the market, and recoveries too. But STEEM's movement looks different, today we look at STEEM and its performance over the last week.

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So in our this week of price movements, STEEM starts at around 0.22$. Since then an uptrend is visible throughout the next two days. With the highest hourly close reaching to 0.228$. But in that period STEEM suffered a setback, a large sale of STEEM into the market dropped the prices. But it couldn't do much damage as it was brief. Now, after reaching 0.228$, STEEM couldn't hold its' ground and fell shortly. A day long fall resulted STEEM to drop all the way down to 0.21$ This is the lowest point they have hit in the last week.

That fall was surely devastating while if was operational, but to everyone's delight that drip didn't stuck either. Much like the previous brief drop I talked about. The prices had recovered almost in the same time as it took to drop the prices. In fact in the same time it actually took STEEM prices a little bit higher than before the fall, which is progress. This new recovery trend halted at 0.227$. Then we have had a pullback again. In which the price dropped at two different key moments. The bars are quite visible here. But this pullback didn't reach the previous low, so there is less stuff to worry about. It reached to 0.217$ approximately.

After this the price has recovered again as you can see. A good uptrend that continued for around 2 days but again halted by another significant sale of STEEM as you can see in the trading section. STEEM reached 0.23$ as the highest point in this week, but immediately pulled back. It took a hit again, but last few hours show promise. Current prices are 0.2227$ around. Without these setbacks. STEEM can go forward.

All Screenshots are taken from Coingecko

That was my take on STEEM prices this week. A very eventful week which can pave to the way to a higher price. I hope you all like it

Thank You.