What price direction do you think you think the Steem price is going to be in a month and why ??
What price direction do you think you think the Steem price is going to be in a month and why ??
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I would expect this holding pattern, with some pops and drops along the way, for another month or so. After a few folks have drained their Steem from the last hardfork, supply will quite hitting the exchanges as much and the price will start gathering strength.
If there's an announcement, we'll get the pump that comes along with it. I wouldn't expect anything sustainable too fast though, unless some sort of incredible change came along that could support a rising market.
Long-term, as the platform matures and off-site resources/projects are built to bring more versity and utility to Steem, I expect it to move upward fairly steadily.
Unless the road map is bullish for steem I think we will take out the old lows of $0.09 . But the Road Map can change that .