Moving Charts: STEEM Prices Analysis | 10% To @tron-fan-club

Hello and good evening to everyone at the Tron fan club. The market has rather on a roller-coaster for the past few weeks. We have seen most of the alt tokens loss and gain valuation. Steem can be seen as one of them. Today we will see steem price movements and reflect on how it has fared.

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The week started with Steem gradually rising towards the resistance level of 0.15$ and then getting rejected at that level. It was a rather strong resistance level. Fortunately, for the next period, Steem gradually rebounded.

After that, Steem sliced through the level of 0.15$ easily. On the upper part, this 0.155$ zone is now a crucial resistance for it. Steem needs to break through the strong resistance zone, with a successful retest. There will be 0.165$ zone ahead of Steem after that.

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All Screenshots are taken from Coingecko

After experiencing a few bad weeks, Steem is currently showing mixed performance. It is up 8.4% in a week.

No word from this article should be taken as financial advice.

Thank You.

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