STEEM Price Movements - January 2019

in #steem5 years ago

Screen Shot 2019-01-24 at 2.05.13 PM.png

We had the daily cross as mentioned before and then watched the price of STEEM rise for the last few weeks now with a few dips in between.

The moving averages are still holding up with no direct signs of reversal yet despite the fact that we are down almost 7% in the last 24 hours.

Interesting to note we've not crossed yet when we look at the weekly.

Screen Shot 2019-01-24 at 2.44.19 PM.png

So, in the short term things are still looking good. In the long term we're still waiting for a cross.

We should monitor this closely going forward but for the time being things are still looking positive.

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