Steemit Challenge Season 28 Ignites Community Participation

Written by Ohris M. Greyoon, Blockchain & Crypto Expert

Source: Coinmarketcap

Updated: Dec 01 2025

Should l Buy STEEM?

Event Overview: The Steemit Challenge Season 28 will take place from November 24-30, 2025, focusing on user-generated content competitions to enhance community engagement on the Steem blockchain.
Impact on STEEM Token: The challenge is expected to boost activity and engagement with the STEEM token through reward incentives, although it is not anticipated to significantly affect broader cryptocurrency markets like Bitcoin or Ethereum.
Community Focus: The event aims to foster community involvement and interaction within the Steem ecosystem, building on the success of previous challenges that have similarly encouraged user participation.
Leadership and Communication: Current leadership details for the challenge are not disclosed, with official updates primarily shared on the Steemit blog, emphasizing the importance of user-generated content in driving engagement.

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Technical Analysis for STEEM

Technical Sentiment Analysis for Steem (STEEM) As of , Steem (STEEM) is exhibiting a Sell technical sentiment. Our proprietary analysis, which aggregates 4 technical signals, shows that 1 indicators are flashing buy, while 3 are indicating sell.

Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for STEEM stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the stock.

Support, Resistance & Moving Averages From a structural perspective, STEEM is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.

Steem (STEEM) Support & Resistance Level

Name	S3	S2	S1	Pivot Points	R1	R2	R3
Classic	0.015	0.0295	0.0415	0.056	0.068	0.0825	0.0945
Fibonacci	0.0295	0.0396	0.0459	0.056	0.0661	0.0724	0.0825

About STEEM

Steem is a community-focused blockchain that creates an instant earning opportunity for the network’s users. The protocol is designed to provide an earning opportunity for customers based on their value to the network. It is designed to provide users with a platform where they can post curated content online, and get paid in cryptocurrency.The protocol is a publicly available, incentivized blockchain database that allows users to interact with each other and earn in return. It leverages technologies from both social media and cryptocurrency to provide users with value. The network ensures the fair treatment of contributors by running a reward structure that reflects each user’s contribution.Steemit is the first app that was built on the Steem blockchain, and it launched on July 4, 2016. The protocol aims to provide value for its community of users in the following ways:To provide thoughtfully chosen news and commentaries.Creating an opportunity to earn.As a source that offers answers to users’ inquiries.Offering a stable cryptocurrency pegged to the USD.

About the author

Ohris M. Greyoon

Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.

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