Price Analysis

Steem Price Analysis: STEEM To Make A Comeback In The Next Week

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  • STEEM shows growth by $0.04 points in 24 hours
  • STEEM may start the next week on a higher note

STEEM is pacing towards a growth curve and may again cross the $0.44 mark by the end of this month. However, amidst the ongoing speculations about the reliability of the coin, it has to reach there faster in order to gain a reputation and trust back. As per the current market scenario, it may do a comeback soon.

STEEM Price Statistics:

STEEM token was trading upwards at $0.37 as on June 7, 2019, at 11:17:22 UTC. The price of the coin has surged from $0.33 to $0.38 in the last 24 hours showing an uptrend of over 15%, and it may go further up to cross the $0.39 mark towards the end of the day.

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STEEM price Chart - 7 June

  • The price of STEEM token is noted at $0.37 and 0.00004722 BTC
  • The 24 h volume is now $2,012,449
  • The market cap of the coin is $120,748,130
  • The ROI of the coin stands at -41.64%
  • The circulating supply of the coin has reached 319,849,382 STEEM

The price of STEEM token crossed the $0.44 mark in the last 30 days, and it is bouncing back to gain momentum to reach this value again.

STEEM Price Prediction:

STEEM is expected to show better growth in the second half of the year as the partnerships start yielding results. The price of the token may rise almost 2X times, reaching as high as $0.90 by the end of 2019.

Conclusion:

STEEM is moving slowly and sliding down in the coin ladder also, and hence, investment in this cryptocurrency can be tricky, but as the firm is making efforts to bring it back to bullish trends, it will be a good option to invest in smaller chunks.

Jodie Miller

Jodie Miller is experienced journalist. She holds double degree in journalism and communication. She joined our team as a content curator. She enjoys writing and curating contents related to finance and forex world.

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