Steem Price Is Taking Off!

in steemit •  7 years ago 

Hello there steemians!

Look at the global daily chart.

Captura de pantalla de 2017-12-20 23-08-22.png

Steem price has recently surpassed the resistance level that was set at $2,85 in May this year (green line). This is good news. It means it won't stop rising for now. Namely if the SBD price doesn't drop. We'll probably see some healthy consolidation in the next few days, and the price will drop a little bit from where it is now, but fear not, this is normal, and chances are it won't drop below $2,85, which has become a new support level. The uptrend will thus continue till we see a clash between the bears and the bulls accompanied by a huge spike in the volume. When this happens, there may be a change in the direction of the trend, but that's not going to happen in the next few days.

So guys, steem on.


Hyperion

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Youre right man.
Let we see its same price with SBD .
Happy profit

Time will tell us. Thank you!

Thank you for the update.

You are welcome, sir.