STEEM Price - July 5th
Good Morning!
I would like to update with you a short comment on the price of STEEM.
I have let a few days pass, but I see that the trend is confirmed.
The price has gone through the average of 200 sessions and the resistance zone it had for months.
In any case, it has not broken the uptrend trend since May, but the forecast is not very optimistic.
It goes straight to $0.3 and clearly STEEM has decoupled from the price history of bitcoin. It follows its own fate.
Will it rise from its ashes? Many projects end with the crypto death, which is a new concept characterized by a graph of exponential decay type, so typical of some processes of nature.
Image from wikipedia
That will be the tremendous destiny for many cryptocurrencies.
I do not give investment advice, nor I am an investment advisor.
Invest at your own risk.
This article is merely informative.
Obviously if you read the article you accept these particular conditions.
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