STEEM having trouble holding, but we still might see an SBD or two briefly

in steem •  2 years ago 

For SBDs to print we need a 3.5 day average price to be .255 or higher...

With the price shooting up to $.30 breifly, we have some wiggle room in order to hold a .255 average.

If prices can hold the level they are not, above $.23, we may see a few SBDs print while the 3.5 day average is briefly over $.25.

image.png

(Source: https://www.mexc.com/exchange/STEEM_USDT?_from=search_spot_trade)

While that doesn't mean much it is interesting to note how close we are to seeing them print.

It almost seems like someone knows they print at that price and for some reason doesn't want the price to get above that level and hold, which of course doesn't actually make any sense because 99.9% of people benefit from SBDs printing.

Either way, hopefully we can see another pump and this time hold the gains a little better so that we soon see SBDs!

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