After yesterday weird spike, STEEM seems to be on a steady trend today, at least that's what it looks like for the last few hours:

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The trend is confirmed in other exchanges, like Huobi (trading against USDT):

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and also Bittrex

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While this is certainly encouraging, I think we need at least two things to happen before calling this a reversal (that's why it think STEEM is mildly pumping):

• more volume (comparable with yesterday's spike, so in the hundreds of thousands, if possible)
• breaking the 11k satoshis upwards resistance

If and when these two will happen, only markets know.

Enjoy your weekend, folks :)

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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.

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