$1.00 Threshold Crossed Today!
Right on time, the price of STEEM found its' way
to and below the $1.00 USD mark.
In fact, around 6 hours ago now, it reached a low
of $0.96 USD.
The volume of trades that the dip from $1.20 to
$1.00 triggered was pretty intense. Check the
black box in the image. The volume goes from a
flatline plains to a healthy mountain range.
The sudden dip to $0.96 triggered massive buys
which caused the price to peak to about $1.12!
The 1-Day View of this occurrence shows the dip
and climb, a lot more clearer.
The $1.00 Threshold was crossed around 20:00 UTC
(3:00 PM EST)
Overall the price stayed below $1.00 for around an hour
before its' recovery.
We lost a whole $150,000,000 USD or so in value since
the peak price of $1.67 at the end of September, and
around $20,000,000 since it was hovering around $1.20
for days.
As of right now, it's nearly PRIME TIME to BUY some STEEM.
Keep your eyes on that price and when it hits $1.00 or, better
yet, even lower... BUY BUY BUY!!!
I look at the "market" in my wallet and steem sells for about 1.13 now. Is there a lag or what drives the price differential?
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It seems that the internal market prices can and do vary from the external prices.
In my case I used BTC to purchase STEEM through Changelly.
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I see - I am new to this whole crypto concept and don't have any of those resources. So I'm on the internal market for now :)
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Full steem ahead!
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img credz: pixabay.com
Nice, you got a 4.8% @minnowbooster upgoat, thanks to @hypexals-spiral
Want a boost? Minnowbooster's got your back!
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