Steem price has been going up continuously before couple of months, recently we have seen some down trend that goes from it's top 0.00095000 (it reached around $2.78 in some exchanges) that i couldn't hold it any more and Start to decline from Mid-Jun to First week of JulY.
Please check the graph above, as we see there is some support level forming right now that is trying to break it, which is the same level that has been a resistance before.
Well what's next?
Actually we need to see the movement in the weekend along with the start of the next week. As the most obviously i will stop the down trend and form a new reversible up trend.
Steem price actually is in it's lower price for around 1month which is i see it a good point that you can get right now steem with a lower price 0.00061690 (Around $1.51).
Take it as a good point and load more Steem and SteemPower to your account.
NB: My Current speculation for Steem price by the end of this year will be at: $4.50 /Steem. (This is not an investment advice and i might be wrong sometimes).
Thank you
Have a good day
Oussama.