Yes Steem finally hit the $0.50 mark again earlier today and we're delighted to see it back at that price. With Bitcoin fluctuating quite regularly at the moment it's impossible to say whether Steem can maintain the $0.50 value but it's giving it a damn good try and has sustained throughout most of the day.
As we mentioned previously Steem appears to be taking its time and adopting a fair degree of caution in this bull market and at ACOM we're good with that. We told you guys to be patient in our last Steem technical analysis post and as you can see patience really is some times a virtue.
The current Steem trajectory is one of cautious optimism and despite it stabilising around the $0.45 mark as it has for the past few weeks, which is a great sign in itself, it has now pushed through the $0.48 line of resistance and reached the all important $0.50 price.
Remember let Steem take its time and lock in those all important gains to help build what we think will be solid long term value for the token.
This is very good news dear friend @acom, it is true, we had anticipated that this would happen, now we have to wait for the next floor u $ S 1.00 dollar
Great News.... on our way back to $7 .... then $10 .... then $100
We like your thinking!
This is very good news dear friend @acom, it is true, we had anticipated that this would happen, now we have to wait for the next floor u $ S 1.00 dollar
Yahoo steem to the moon