Steem is increasing and it looks like it will gain it's ATH value soon.
Lets look at STEEM value in May 2016
Snapshot is from https://coinmarketcap.com/currencies/steem/
This snapshot shows that in may 2016 it was also increased to approx 1$ and now in May 2017 it is also increased to 1$ so this similarity shows that it is following 2016's pattern.
Also look at June 2016 value.
In june 2016 it was increased to 4.3$ so there is possibility that it will increased to 4$ in this june too.