This Friday I will highlight the Steem cryptocurrency, which in the last hours has lost the key support of US $ 1, giving an unbeatable purchase opportunity.
Steem is a social media platform based on a Blockchain, where anyone can earn rewards for publishing content.
This is one of the cryptocurrencies that the investment is for the project, without paying so much attention to the current value. At the moment it is far from being a "Facebook", but in the future who knows ...
In these moments, it is negotiating below a dollar, exactly where the key support is located. If there is a rebound at this level, the first objective would be US $ 1.15, followed by US $ 1.30.
In the medium term it would place Steem around US $ 1.60, provided that the cryptocurrency market maintains its upward trend.
One of the disadvantages that we find in Steem, is that there are many cryptocurrencies in circulation (more than 244 million).
Steem is ranked 25th in the cryptocurrency ranking, with a market capitalization of more than US $ 240 million.