Steem Price Support Aline Held

Steem price hit the 30 cent resistance line and bounced back up.

The price went all the way from 30 cents to 40 cents and the price looked like it might break the forty cent barrier.

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We saw a high price we haven’t seen for a while, which I thought was encouraging.

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As you can see the price bounced off the one week and one month low price support line 30 cents and challenged the top price 40 cents.

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It was an encouraging sign for those of us holding Steem longer term. While it is possible that Steem could go lower I decided to buy more Steem here and I suspect other Steemian are buying also. This post isn’t financial advice of course. I am just saying what I am doing. I feel this price action is encouraging for HODLERs 😊

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