Steem(steem)market reviews and price predictions
Steem market statement for 2023-06-01
Yesterday the price of steem stood at $0.18. The market capitalization of the asset was $79 623 942. Steem’s volatility was established at 0.02%. The trading volume of the coin reached $1 701 562.
Steem prognosis for the next days:
We estimate the price of Steem to be $0.18 tomorrow 2023-06-03 and $0.19 on 2023-06-09;
We estimate the market capitalization of Steem to reach $80 946 877 tomorrow 2023-06-03 and $81 095 966 on 2023-06-05;
We estimate the volatility of Steem to become 0.8% tomorrow 2023-06-03 and 0.88% on 2023-06-05;
We estimate the trading volume of Steem to amount to $1 177 146 tomorrow 2023-06-03 and $1 244 794 on 2023-06-05.
Our recommendation for the pair STEEM/USD for tomorrow, 2023-06-03, to buy.
Steem slid down by 1% last week (May 26 - June 1) as the sellers pushed back.
The analysis of last week’s price action shows that the Steem market is in the bearish phase since the price has been moving downward. STEEM has been going through a period of low volatility, which fell in line with the occurred price changes. No rise or fall was observed in the market capitalization of the coin during the period under review. No growth or loss has been observed in trading volume on the crypto coin's market.
Slightly bearish : traders witnessed Steem moving down 1% from May 26 till June 1.
Between May 26 - June 1, Steem has been mostly bearish as its price has been in the falling mode. STEEM has been going through a period of low volatility, which fell in line with the occurred price changes. No rise or fall was observed in the market capitalization of the coin during the period under review. No growth or loss has been observed in trading volume on the crypto coin's market.
Bearish response: The Steem price melts by 5% between May 21 and May 27.
The price of Steem was falling last from May 21 until May 27, giving enough reason to conclude that the market is bearish. STEEM has been going through a period of low volatility, which fell in line with the occurred price changes. The price action of the coin has been accompanied by the decreased market capitalization of the said digital asset. The price action of the crypto coin last week took place on the back of decreased trading volume.
Red clouds gathered above the Steem market last week (May 20 - May 26) as the price went down by 6%.
The bearish behavior of Steem last week was characterized by the occurrence of downswings. The situation on the STEEM market shows that the underlying asset is currently experiencing a period of low volatility. There has been a fall in the market capitalization of the asset during the period under review. The price action of the crypto coin from last week stemmed from the decreasing trading volume.
Red clouds gathered above the Steem market last week (May 20 - May 26) as the price went down by 6%.
The price of Steem was falling last from May 20 until May 26, giving enough reason to conclude that the market is bearish. The situation on the STEEM market shows that the underlying asset is currently experiencing a period of low volatility. The market capitalization of the asset has been decreasing in concert with the price of the coin. The past week’s price movement of the crypto coin was accompanied by the falling trading volume on the corresponding market.
Bearish price action on May 20 to May 26 resulted in Steem by 6%.
The price of Steem was falling last from May 20 until May 26, giving enough reason to conclude that the market is bearish. STEEM was caught in a period of low volatility, which was reflected in its price action. The price action on the coin's market translated to the decline of market capitalization. The crypto coin's market experienced a falling trading volume during the observed time period, which fell in line with the price action.
The bears stepped up a gear on May 20 - May 26, dropping the price of Steem by 6%.
The downward movement of the Steem price last week indicates the chosen market is bearish. STEEM has been going through a period of low volatility, which fell in line with the occurred price changes. There has been a fall in the market capitalization of the asset during the period under review. The price action of the crypto coin from last week stemmed from the decreasing trading volume.
Red clouds gathered above the Steem market last week (May 20 - May 26) as the price went down by 6%.
The analysis of last week’s price action shows that the Steem market is in the bearish phase since the price has been moving downward. The volatility associated with the STEEM market was low, as were its price fluctuations. The market capitalization of the asset has been decreasing in concert with the price of the coin. The past week’s price movement of the crypto coin was accompanied by the falling trading volume on the corresponding market.
Steem lost 7% in the period May 19 - May 25 as a result of selling pressure.
Steem has been bearish last week as its price has been predominantly falling. STEEM was caught in a period of low volatility, which was reflected in its price action. There has been a fall in the market capitalization of the asset during the period under review. The trading volume on the crypto coin's market has been decreasing throughout the reviewed period along with its price.
Red clouds gathered above the Steem market last week (May 19 - May 25) as the price went down by 7%.
The price of Steem was falling last from May 19 until May 25, giving enough reason to conclude that the market is bearish. The volatility of STEEM has been low throughout the reviewed period in correspondence with the price action. The asset saw its market capitalization falling over the reviewed period together with its price. The past week’s price movement of the crypto coin was accompanied by the falling trading volume on the corresponding market.