Steemit has risen considerably in the last week, rising to almost double its price in a month. As cryptocurrency sky-rockets, its only understandable that Steem would follow the related hype. Seen below is my price prediction as well as channels to upwards of $2-3 in the next month.
With this current trend, we will be seeing a trend upwards to test the resistance at the $2.12 range and then possibly going upwards from there. I'm excited to see this recent volume pop below and how users are flocking to Steemit everyday. We are now a couple hundred thousand user base and hope to see more in the coming months. When we reach the $3 range, we should start to see more investors pile on.
Just for kicks, I made a crude technical chart detailing its possible rise to a steady $2.45-2.50.
