Steem Price Analysis - May 01 - Possibility to go below $3 and Here's Why!
On my previous blog post, I wrote that the steem could possibly hit $6 soon as it tended to broke a resistant level at $3.4. Let's look at the chart now,
You can see, It's now loosing it's upward momentum and falling from $4.5 to $3.6. I think it's going to taste the support which is at $3 level. And we have to look closely what price action it will show from that level.
If it will be able to break below that level then it might fall again $2.6. Let's see what future price action says. Right now it's not wise to get into any trade. But to be patience and wait for a price action confirmation.
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I hope not. I hope we hit $10 this month. April was a good month.
Correction expected in the coming days. June target for Steem : 10$, end of year: 30$.
If we could hit $10 in May I think we could have a shot at $100 in December.
OMG! $100 in this year! I'll be rich then :P
End of year $30.. Hope that's true :D
Either way, things are looking a lot better than they did a few months ago.
Indeed It is :)
I'm guessing that's about the time you chose the screen name? Going to keep it or change it when things turn around?
Release the Kraken! You got a 12.05% upvote from @seakraken courtesy of @rasif!
Your helpful analysis
Good to know that it helped you :)
An honor can read the post about Steem Price Analysis - May 01 - Possibility to go below $ 3 and Here's the Reason!
A tremendous change is happening in today's global marketplace
Thank you @irf has provided a very useful outlook for us all, the global market turmoil to be the benchmark of a future success, I am an opinion member, believe in the strength that we have today, Cryptoccurency into a tough competition and steem will be the winner in peak ahead.
And we will enjoy a great benefit later
we win together
see you on the top
This post has received a 4.13 % upvote from @boomerang.
You got a 7.15% upvote from @brupvoter courtesy of @rasif!
Great post!
Thanks for tasting the eden!
Thanks to you too :)