Top 10 Cryptos

At the moment of writing top 10 assets were relatively bearish, 4 of them in green and 6 of them in red.

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Bitcoin is maintaining the $9,000 level, while EOS, Cardano and TRON are growing very fast. All other alts are mildly correcting downwards.

STEEM And SBD

At the moment of writing, STEEM was trading, on average, at $4.22 on Coinmarketcap, sharply up from yesterday.

The 1 hour chart shows another spike, following the rescheduling of STEEM trading on Huobi Pro, followed by a correction to 46k satoshis.

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The 1 day chart suggests stabilization around 46k satoshis, after a bug jump a few days ago

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SBD was trading, at the moment of writing, at $3.52 on average, slightly up from yesterday.

The 1 hour chart indicates the bull force is not that strong as for STEEM, SBD stopping around 37.5k satoshis

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The 1 day chart shows a red candle following a doji, bringing SBD price back where it was a week ago, in BTC.

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SBD to STEEM Ratio

At the moment of writing, according to steem.supply, for 1 SBD you get 0.833 STEEM, down from yesterday and below parity

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Overall opinion: Although Bitcoin is relatively stable, the rise of EOS and Cardano may indicate an attempt from alts to decouple from Bitcoin dominance. Still a long way to go, since EOS has just 10% of Bitcoin's marketcap, but it's an interesting trend. STEEM is very well positioned before its new listing on a major exchange, while SBD is growing much slower that STEEM. All in all, an encouraging start of the weekend.

Disclaimer: I'm not a trader and this is not trading advice. I'm writing these articles for my own educational purposes and they are not meant as an investment foundation. Please make your own due diligences when investing and never invest more than you can afford to lose.

I'm a serial entrepreneur, blogger and ultrarunner. You can find me mainly on my blog at Dragos Roua where I write about productivity, business, relationships and running. Here on Steemit you may stay updated by following me @dragosroua.