Image of STEEM
STEEMSteem
$0.04492
0.33%
1D

Steem Analysis

Investment Score
A quick view into Steem's investment prospects.
7.8

The asset still looks technically supportive, with multiple signals continuing to back the setup.

What is helping
  • MACD is confirming the current directional bias.
  • The current level still offers a favorable reward-to-risk profile.
Main risks
  • ATR percentile is elevated, which signals a noisier market and a higher chance of sharp swings.
  • Trend Exhaustion Risk: Price is more than 5% extended above EMA50, increasing the risk of a pullback or mean-reversion dip.
Market State Summary
Current regime
Bull Volatile
Confidence: 67%
Why this state?
  • STEEM is above SMA50
  • SMA50 is below SMA200
  • SMA50 slope is positive over the last 10 days
  • 30-day return is positive
  • ATR volatility is above the 60th percentile of its trailing 180-day history
Suggested strategy

In the current Bull Volatile regime, the best-fit approach is Follow the trend, but tighten risk control. The broader trend is still bullish, but price swings are wider and less forgiving, so the upside bias remains intact while execution and risk control need to be tighter.

Trend
Bullish
STEEM is trading above key moving averages and the medium-term trend is still rising.
Momentum
Neutral
RSI is 63.20, which is neither overbought nor oversold.
Volatility
Volatile
STEEM ATR volatility is above the 60th percentile of its trailing 180-day history.
Key Levels
Resistance zone
$0.05383 - $0.05796
Active zone
$0.04335 - $0.04782
Support zone
$0.03317 - $0.03966
Chart Patterns
SMA50
SMA100
SMA200
RSI
Neutral
MACD
Bullish
ATR%
Volatile
Volume
High
Support & Resistance

Steem support and resistance levels highlight key price zones where buyers and sellers are most active. This section helps identify likely breakout areas, pullback support, overhead resistance, and the current trading range so you can evaluate trend continuation, reversal risk, and near-term crypto price direction.

Support zone
$0.03317 - $0.03966
Resistance zone
$0.05383 - $0.05796
Active zone
$0.04335 - $0.04782
Levels Table
LevelZoneStrength
Support 1$0.03317 - $0.03966
Resistance 1$0.05383 - $0.05796
Resistance 2$0.05821 - $0.06191
Resistance 3$0.06196 - $0.06437
Resistance 4$0.06590 - $0.07492
Active 1$0.04335 - $0.04782
Scenario Analysis
Bullish scenario

STEEM clears the resistance zone at $0.05383 - $0.05796 and holds above it. That would strengthen the breakout case and shift attention to $0.05821 - $0.06191.

Bearish scenario

STEEM loses the support zone at $0.03317 - $0.03966. That would weaken the setup and open the way toward $0.03317 - $0.03966.

Neutral scenario

STEEM continues trading between $0.03966 and $0.05383. In that case, range-trading conditions remain active.

Technical Indicators

Technical indicators help summarize trend, momentum, volatility, and key price levels. They should not be used in isolation, but they can help identify whether a coin is trending, ranging, overextended, or approaching an important support or resistance level.

IndicatorValueSignalInterpretation
SMA50
$0.03917
Bullish
STEEM is trading above the 50-day average.
SMA200
$0.04968
Bearish
STEEM remains below the long-term trend line.
EMA50
$0.04085
Bullish
STEEM is holding above the 50-day exponential average, which supports the recent trend.
EMA200
$0.05133
Bearish
STEEM is below the 200-day exponential average, which keeps the longer-term structure under pressure.
RSI (14)
63.20
Neutral
RSI (14) is at 63.20, which keeps momentum in a balanced range.
Stoch RSI (14)
34.65
Neutral
Stoch RSI (14) is at 34.65, which suggests momentum is active but not yet extreme.
MACD
0.001626
Bullish
MACD is above its signal line.
ATR
5.40%
Volatile
Volatility is above its 180-day median.
VWMA
$0.04230
Bullish
Price is above the volume-weighted average.
Commodity Channel Index (20)
53.55
Neutral
CCI (20) is at 53.55, which keeps price relatively close to its recent average.
Awesome Oscillator (5, 34)
$0.004192
Bullish
Awesome Oscillator is above zero at $0.004192, which supports bullish momentum.
Williams Percent Range (14)
-27.12
Neutral
Williams Percent Range (14) is at -27.12, which keeps price in the middle of its recent range.
Bull Bear Power (13)
$0.001035
Bullish
Bull Bear Power (13) is positive at $0.001035, which suggests buyers are controlling price relative to the EMA baseline.
Ultimate Oscillator (7, 14, 28)
45.75
Neutral
Ultimate Oscillator is at 45.75, which suggests momentum is balanced across its short, medium, and long windows.
Hull Moving Average (9)
$0.04265
Bullish
STEEM is trading above the Hull Moving Average (9), which supports the near-term trend.
Ichimoku Cloud B/L (9, 26, 52, 26)
$0.04051
Bullish
STEEM is trading above the Ichimoku base line, which supports bullish structure.
Assets Similar to Steem

Over the past 7 days, Steem price was most positively correlated with the price of Bitcoin SV (BSV), Terra Classic (LUNC), Floki Inu (FLOKI), Polygon Ecosystem Token (POL) and Official Trump (TRUMP) and most negatively correlated with the price of Morpho (MORPHO), Monero (XMR), Jasmy (JASMY), Bonk (BONK) and Mantle (MNT).

Positively Correlated Currencies
NameCorrelation
Image of Bitcoin SVBitcoin SV0.889
Image of Terra ClassicTerra Classic0.883
Image of Floki InuFloki Inu0.841
Image of Polygon Ecosystem TokenPolygon Ecosystem Token0.826
Image of Official TrumpOfficial Trump0.790
Negatively Correlated Currencies
NameCorrelation
Image of MorphoMorpho-0.666
Image of MoneroMonero-0.576
Image of JasmyJasmy-0.536
Image of BonkBonk-0.510
Image of MantleMantle-0.483

Steem price is positively correlated with the top 10 coins by market cap with a price of 0.218, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.207. Currencies that are positively correlated with Steem indicate that the movement of one has a statistically significant weight to lead the other in the same direction. For currencies that are negatively correlated with Steem, a move in one direction for Steem would translate into a move in the opposite direction for the negatively correlated coin.

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