Despite all the recent drama it looks like someone is still keen to buy Steem. It's over 40c for the first time this year and doing well against bitcoin as that is dropping, along with just about every other coin.
I monitor a selection of coins on Coinmarketcap. Recently the cap of Steem was about a third of Dogecoin, but now its over half. Steem was languishing around 50th place and is now in the top 40. It would need to rise another 50% to go top 30.
In my time on here I've seen variation of the Steem price between 6c and $8 with my account value hitting pretty high value at times, but I still see it as a long game. I want to see it rise on merit and not just speculation. I think that means getting far more people on board and them having lots of ways to use it.
For now we need the community to work with Steemit Inc to build the foundations that make that possible and there are signs of that happening. There can be problems when egos clash, but we need to be a little more humble and accept when we are wrong. We all stand to gain if it takes off, but I see it being beneficial to millions more around the world.
BTW xkcd has a take on 'technical analysis' :)
BTBTW eSteem managed to mess up the tags. Looks like a bug I'll have to report. I'm stuck with #stee as you cannot edit the first one.
Steem on!