Daily Steem Price Update: Steem Is Still Struggling, Volume Needs To Pick Up
Hey there Steemians, Steem is not impressive at the moment, there is low activity in the market and price wise, nothing to brag about. Anyways, lets have a look at the daily chart:
Comment: We do have long term support around 1.90 so there is still a risk that we could go down there. At the moment we are hovering around 2.35.
Otherwise, if we were to go up again, we want a close above 3 bucks and we also want some significant volume coming in. That would mean that the move could be sustainable in the medium term.
Happy Steeming!
Let's wait and see..looks like the other major currencies are consolidating right now...Guess we'll have to enjoy the silence right now, and power up if you have the money🙂👍