Top 10 Cryptos
At the moment of writing all top 10 assets were predominantly red, with only 2 assets in green: Litecoin and IOTA, which made it to the top 10 again.
The entire market looks slightly bearish, if not stationary at the moment.
STEEM And SBD
At the moment of writing, STEEM was trading, on average, at $3.47 on Coinmarketcap, down from yesterday. in fiat, but up in Bitcoin (see below)
On Bittrex, the 30 minutes chart shows a very gentle bullish trend, going over 34k satoshis.
The 1 hour chart shows sideways trading, but also with a very subtle bull look.
The 1 day chart shows the same level for 5 consecutive days, with very little variation.
SBD was trading, at the moment of writing, at $3.97 on average, down from yesterday both in fiat and Bitcoin. The 30 minutes chart on Bittrex shows sideways trading between 39k and 37k satoshis.
The 1 hour chart looks predominantly bearish, although it's mostly sideways trading.
The 1 day chart shows a slow descending trend, with the 40k satoshis resistance level broken.
SBD to STEEM Ratio
At the moment of writing, according to steem.supply, you could buy 1.146 STEEM with 1 SBD, down from yesterday.
Overall opinion: Looks like markets are simply traded less than before, and the small variation implies lack of interest from traders or caution. STEEM appreciated slightly in Bitcoin, while SBD is going down. We may see parity again sometimes by the end of next week if nothing major interferes.
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.
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