In last one year Steem has really shown a good performance overall. And not only steem but it's subchains has done a good job as well.
If we talk about the present time the Steem is trading at a price of $0.96 approx on Binance and it reached its all time high in last one year at $1.4 few days ago.
You can see the chart taken from Binance to see the prices better.
If we see the above chart carefully it might looks like as if the price has started to go down for steem and it might see more downfall in coming days.
In last one year the price of steem has seen a all time down at $0.13 and all time high at $1.40 according to coinbase.
So that is a rise of more than 500% in last one year and who would say that it is a bad performance. I guess no one.
You can see the chart taken from Coinbase Exchange in the below image.
Now coming to prediction about what can be the price of steem in future.
There are lots of prediction already where you ll find long term predictions at $4+ and i too think that might happen quite easily in long term.
But let's talk about what might be the price in coming weeks. I think the price is expected to go down considering how the first chart looks like.
but there is for sure a second probability as well and that is Steem re-rises again and reach new highs.
Anyways time ll tell us about what ll really going to happen. what about the readers what are your thoughts about future price of steem.
Do share your thoughts in the comments below.
Thank you , Happy Trading Everyone