April ended yesterday and it is time to look back at what happened with the price. Here is the monthly chart:
Comment: As you can see we ended April with an amazing candlestick. We went into April at $1.50 but closed the month at $3.89. That is something to celebrate. That is an increase of 159%! So, we have to say that Steem is back in business in terms of the price.
Other than that the volume did rise in April but nothing extraordinary to report.
What could happen here in May is that we might go down to $3 just to get some temporary support but if we are looking at the upside potential, Im first aiming for the monthly high of 4.76 and then take out the high of February which was 6.25.
Overall, it does look very bullish for Steem, so chances are good that we will continue to charge higher.
Happy Steeming!
It's been a great month for those of us who invested in Steem during the dip. I'm extremely bullish on Steem, and am really excited to see what happens over the next few months.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Yup, if Steem Media Tokens will be released Steem will likely skyrocket and in addition to that, the crypto market overall is looking very strong, so the future should be bright for Steem and SBD.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit