Daily Steem Price Update: Up 9,3% Yesterday

in #steem6 years ago

We had a great day for Steem yesterday. We closed the day at 3.05 and that was at the very high of the day and up 9,3%. Here is the daily chart:

FireShot Capture 1282 - STEEMUSD_ 2.95437113 ▼−3.12%_ - https___www.tradingview.com_chart_AxIWekrr_#.png

Comment: From this chart we can see that Steem broke out from the bull flag and today we have already been up and touched 3.30 but we are currently down about 5% so a lot of volatility, but that is not uncommon for Steem.

In terms of the next target, Im looking at taking out last weeks high of 3.65 and that could happen today if we will get some extra momentum.

Anyways, overall the crypto market is looking very strong in the short term and that is what is needed in order to take Steem to the next level.

Happy Steeming!

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