Hey there Steemians, Steem is not impressive at the moment, there is low activity in the market and price wise, nothing to brag about. Anyways, lets have a look at the daily chart:
Comment: We do have long term support around 1.90 so there is still a risk that we could go down there. At the moment we are hovering around 2.35.
Otherwise, if we were to go up again, we want a close above 3 bucks and we also want some significant volume coming in. That would mean that the move could be sustainable in the medium term.
Happy Steeming!