STEEM Hovering Over $1 Again

in steemit •  6 years ago 

Screen Shot 2018-09-02 at 9.28.53 AM.png


At the moment of writing, STEEM was trading for $1.02. It's the second time during the last week when STEEM is crossing the psychological level of $1.

Actually, it was just 4 days ago when it did it for the firs time, in a rather long time.

STEEM took a dive below $1 on August 11th and it traded below that for a little over 2 weeks (between August 11 and August 29.

What's encouraging is that this increase is realized on a slightly higher volume than the last one, which may indicate a more positive sentiment in the market.

I would also want to remind you that at the end of the month HF 20 should be accepted and implemented by witnesses, and this will introduce some nice improvements to the platform, hence, even more positive sentiment.


I'm a serial entrepreneur, blogger and ultrarunner. You can find me mainly on my blog at Dragos Roua where I write about productivity, business, relationships and running. Here on Steemit you may stay updated by following me @dragosroua.


Dragos Roua


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Hope to see it hit $2 soon...

The volume increase is a great sign of the market pushing up above the $1 level. Let's see if today consolidates yesterday uptrend.

Yep and we see the upvotes start to be worth more money now :)

Less then $1 is very low for STEEM i sure a lot of people buy some in that price and that why we see the price getting higher now

Steem finally rolling the downtrend finally broken hopefully it will sustain this momentum

I've heard rumours that steem might go arround 0.65 $ ...maybe another drop so who wants to invest should wait for something like that ...

Regards @dragosroua and thanks for your great blogs

Hopefully after the launch of SMT HF20, steem will rise exponentially. Although steem is low these days but the steem reward is prett high. Moreover it is the best time to grab more steem when it is liw by investing or by sharing contents

It's great to see it above $1 again. It is indeed a very important psychological factor, at least to me.

Steem growth is going to be gradual and I do believe that the price of steem will reach $4 by the end of this year

I opined, very recently that the 1$ Psychological threshold shall soon be surmounted. Here it is as confirmed by @dragosroua.

Congratulations to the Steemit Communities !!!

Let's See what happens...May be it will touch $2

What do you think about Doge?

Posted using Partiko Android

It's a nice experiment and useful if you have / intend to have a dog. In a sense, it's like STEEM for dog owners. But since I don't own a dog (yet), I will not own any DOGE as well.

Important information . This volume increas is great of the market . Thanks for sharing @dragosroua

Wonderful to see it has held its own throughout the period. To see it over $1 again is such a relief...even though it may not last too long like the last time

Everyone happy to see this graph.steem and sbd rate 1$.thats happiest news.everyone hopes rate of steem and sbd 2$ soon as soon.thanks for sharimg your daily update.

I missed that dip to $0.89 whereas it was a sure thing for price to go low after hitting the new high as it happened now once again though not at the same level. Steem whales might have earned some hefty commission during this dip. I agree with you that this new pull seems more reliable than the previous one based on the volume increase. Good analysis and nice post @dragosroua.

Great news

I think it will hit 5$ at the end of this year fingers crossed @dragosroua

its down again bad mews for us

Your post was pretty impressive to me. I really have learned a lot through your post.