STEEM resumes its consolidation move supported by low trading volumes.
The ADX Indicator for STEEM lay around the 15-mark and highlighted the lack of a strong trend in the market as the price moved between $0.45 13 and $0.394.
The STEEM price has dropped to -2.4% in the last 24 hours.The Bollinger Bands also showed a low degree of volatility in the market as massive price swings were unlikely over the coming sessions.
Perhaps, the restricted movement was reflective of a consolidation phase in Bitcoin as well.
And this has been the behavior of the STEEM price in the last 7 days, until today Monday, March 8, 2021.
Steem Dollars (SBD)
Steem Dollars (SBD) price today is 6.25 US$ with a trading volume of 6,701,001 US$ in 24 hours. The price has dropped to -0.262 % in the last 24 hours.
And this has been the behavior of the STEEM DOLLARS (SBD) price in the last 7 days, until today Monday, March 8, 2021.
TRON (TRX)
And this has been the behavior of the TRON (TRX) price in the last 7 days, until today Monday, March 8, 2021.
These variations in STEEM, STEEM DOLLAR (SBD) and TRON (TRX) prices have to do with the strengthening of Bitcoin (BTC) in recent days, so we must keep an eye on any changes that may benefit all users of this Steemit platform who have access to STEEM, STEEM DOLLAR (SBD) and TRON (TRX).