I am not a technical analyst or an Investment adviser however, i believe that the price of Steem would shoot up to $3 as i guess that is the fair market price which a token like Steem should command in the market. It is not a speculation but addition of steem to Netcoins, release of SMT, development of innovative dApps such as Musing would definately help in prices moving up soon. However, a lot depends on the price movements of Bitcoin against which Steem prices are mapped.