Steem fell down to $1.20 levels

in #steem7 years ago (edited)

steem.png

After making a 30 day high 2 days ago, Steem is down to $1.20 levels today. Today the market is little down, but Steem lost around 11% in the last 24 hours. It is very volatile compare to the other top 20-25 top currencies.

When the Steem is again going to cross and sustain the above $2 levels? Can anyone tell the target of Steem at the end of 2017? Whatis the reason for not performing well? I think one of the reasons, we need more exchanges to trade.

Kindly share your thoughts.

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maybe we need more exchanges but i also see a problem in the constant overselling as soon as a decent price is hit ... it´s like everyone waited for that moment and is selling big! correct me if i´m wrong

I think you said it correct. There are many waiting for opportunities, and if it goes down around $1.10 levels, better opportunity to buy.

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