Price Analysis of StepD (STEPD) and P2P Taxi Token (P2PTXT)

StepD (STEPD)

For a long time, the price of StepD continues exhibiting a negative trend in terms of its trading value. Its trend remained under the control of the bears who kept its price to a low trading figure.

The performance graph for StepD shows that the price of StepD was at a low of $0.00032 per STEPD a week back. However, the bears were aiming to pull StepD’s price even lower. This is the reason why they kept selling StepD, subsequently, bringing the price of StepD to a low of $0.0002004.

This was the seven-day low price recorded for StepD, but the bears had finally used up all their resources to keep StepD to the low price. As the bears lost their selling power, the bulls found it to be the best opportunity and they started buying StepD at a very high level.

The investors reportedly formed a 229.52% rally in the past 24-hours, which has managed to push the price of StepD to a high of $0.001219 per STEPD.

When the rally started forming, the bears did try to bring its price lower but the bulls were not ready to give up that easy. They continued buying the dips and were finally able to push the price of StepD to its current high price.

The bulls still haven’t lost their confidence in keeping the rally alive and strong, and they may continue with their strong buying sentiments. This would result in pushing the price of StepD to a high of $0.002230 per STEPD.

The relative strength index for StepD has also moved into the bullish zone, and it may continue rising in the same territory. If the trend continues, then the trading price of StepD may rise to a high of $0.003107 per STEPD.

P2P Taxi Token (P2PTXT)

The trading price of P2P Taxi Token has also experienced a great push in the past 24-hours. The report confirms that the trading price of P2P Taxi Token has been pushed up by 184.06%. Due to the strong push, the trading price of P2P Taxi Token is now at $0.00009366 per P2PTXT.

Right before the investors had started rallying in favor of P2P Taxi Token, its price was at a low of $0.00004245 per P2PTXT.

Even now, the trading level of P2P Taxi Token continues to grow, which is visible through its 559.29% growth in the trading volume. If the situation continues to grow positive for P2P Taxi Token, then its price may surge to a high of $0.0001828 per P2PTXT.

Going forward, if the momentum rises in favor of P2P Taxi Token and more investors join the trend, then its price may surge to $0.0003052 per P2PTXT.

Author: Jerry Dedmon

Jerry Dedmon is a new writer on Cryptocoin Stock Exchange, his articles are cryptocurrency news, analysis and blockchain news based. We recommend tuning in for Jerry's daily posts as they are always a great and interesting read.

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