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RE: Will it be possible for Steem's value to exceed 1 USD $ for the month of April?

in #dpoll6 years ago

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  • Si

There's a lot of things that could happen, and we've seen many of those things since the time I've been here. All time highs, lows down into the twenty-cent raise, pumps and dumps, and a lot of sideways motion.

So, aside from whatever resistance there could be forecasted at different price point, the fact is, when the market says it's time to move, it goes.

Historically, too, between April and July, there's been the main jump for the year taking place. There have been some exceptions to that, like in late December 2017 to the very beginning of January 2018, but even so, there was a lesser spike later last year.

Personally, I don't know if history will hold true, at what point in the year there will be a spike, and how high it will go, but we've been in a 'bear' market for months and we've already moved to a higher plateau in the month.

What will also be interesting to watch is what SBD does if STEEM takes off. There's already been some significant pumping going on there, while STEEM didn't really do anything, relatively speaking.