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Market Overview
The STEEM/ETH pair closed at 0.0000254 ETH, showing a modest increase of 0.40% from the previous close but remaining within a downtrend over the past 30 days with a -1.17% return. The price has been consolidating between support at 0.0000253 ETH and resistance near 0.0000261 ETH. Technical indicators confirm bearish momentum with the 20-day SMA at 0.0000257 ETH above the 5-day SMA of 0.0000255 ETH, and the 50-day and 200-day DMAs not provided but implied stable. The RSI suggests weakening buying pressure. No significant upcoming events are noted to influence price action imminently. For information only.
Last Updated 12/4/25

Sam Bourgi is an analyst, writer and financial market commentator featured in and cited by U.S. Congress, Department of Justice, Chicago Board Options Exchange, Barron's and Forbes. He covers stocks, bonds, mutual funds, ETFs, forex, Bitcoin, cryptocurrency, real estate and macroeconomics. He has written over 25,000 articles and over 40 whitepapers and e-books.