Litecoin price follows the trend predicted. How about Steem?
Peace Steemians,
The price on the Litecoin charts pulled up right above the green line showing the coming uptrend on the general book orders.
It is not a perfect way to see the future trend but it can be used as a point to start our thought processing. We are still learning on a daily basis. The price could fall below that line and change all the perspective in our projection. In the cryptomarket, anything can affect the price of the token in a matter of hours. Therefore it is primordial to focus on self-education and proper research on the subject before taking actions.
src1
The price of the Steem tokens looks attractive on the LTC market. The future trend in the different chart showed that the price will rise slowly. It is a good project in my opinion that I will hold the token for future users activities on the blockchain.
src2
I am not sure the Steem token price will drop significantly compared to its current position. It is possible that a large order to sell token can drag the price below our expectation. Despite the fact that Tron blockchain is collaborating with Steem blockchain for future development beneficial to both blockchain, many Steem token holders seem to prefer power down and sell their tokens. The problem is the value is currently too low in the market. The small gain could not match the great value of the contribution Steem blockchain will display in the coming bull run.
The blockchain developers have huge possibilities to present on the Steem blockchain and TRX communities will surely take advantage of the various opinions that come out of the TRX-STEEM cooperation.
Thanks for your attention reading this post.
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