Steem Reads Very Bullish Sentiment, Rises, Outperforms Crypto Markets.

Steem has a very positive rating from InvestorsObserver on Saturday. The coin rose 10.65% to $0.2253626712 while the broader crypto market rose 0.47%. Very Bullish
Over the past 5 days, Steem has been rated very bullish by InvestorsObserver sentiment scores. Sentiment Score measures his Steem performance over the last 5 days by volume and price movement.

Sentiment Score provides a quick and quick view of the recent performance of a cryptocurrency. This could help both short-term investors looking to ride the rally and long-term investors looking to buy the bounce.
Price Level
Steem is currently trading near the 5-day high of 0.225362671226041. The coin is 0.00% off its 5-day high and 21.27% higher than its 5-day low of $0.185839638113976.

Steam price is currently above the resistance. With support around $0.198666647130177 and resistance at $0.209391430073902, Steem could be in a precarious position once the rally burns out.

Steem has low trading volume lately. This means that today's volume is below the average volume of the last 7 days.
What is a coin?
Coin is a cryptocurrency that lives on its own blockchain. These are typically used for payments. Depending on the cryptocurrency, the usage of these payments can range from general usage in the digital money subclass to more specific usage in some other subclass.