In a few minutes, Steemit membership will surpass 700,000 members. More than 21% of these members joined Steemit during the last month.
The growth rate has evidently accelerated and it will even increase in the next months.
I am not a technical analyst and I can’t really analyze the future of STEEM price, but I think the recent price increase is a good indication that the price will also go higher in the near future.