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I also propose .7 = 5 ref
.7
http://backpack.tf/classifieds/search/id/5200c84fba2536a974000030 - 1 classified for 5 ref
http://www.tf2outpost.com/trade/16961372
http://www.tf2outpost.com/trade/16851788
http://www.tf2outpost.com/trade/16754422 - has LOTS
http://www.tf2outpost.com/trade/16832554 - has multiple
~.9
http://www.tf2outpost.com/trade/16951520
http://www.tf2outpost.com/trade/16927477
Feel free to counter / support my proof. Vote based on proof presented, not blindly!
It seems there's none for your upper range, so the range would be better put at .7 - .9.