Market Snapshot - July 28th 2018

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Top 10 Cryptos

At the moment of writing, top 10 assets were predominantly bullish, with all of them in green


Screen Shot 2018-07-28 at 11.07.27 AM.png


Yesterday's short dip was quickly overturned by the bulls, who seems once again in control. Although there isn't much volume coming in, the bullish sentiment is prevailing.

STEEM And SBD

At the moment of writing, STEEM was trading, on average, at $1.47 on Coinmarketcap, slightly up from yesterday in fiat but flat in BTC.

On the 1 hour chart, STEEM maintained the 18k satoshis level for the last 12 hours


Screen Shot 2018-07-28 at 11.07.49 AM.png


The 1 day chart is also flat, almost no change


Screen Shot 2018-07-28 at 11.08.04 AM.png


SBD was trading, at the moment of writing, at $1.26, slightly up in fiat from yesterday, and up in BTC.

The 1 hour chart is relatively stable around 15k satoshis


Screen Shot 2018-07-28 at 11.08.16 AM.png


The 1 day chart remains flat around 15k satoshis


Screen Shot 2018-07-28 at 11.08.21 AM.png


SBD to STEEM Ratio

At the moment of writing, according to steem.supply you could get 0.849 STEEM for 1 SBD, up from yesterday, and under parity. SBD printing rate is 41.33%, up from yesterday.


Screen Shot 2018-07-28 at 11.08.54 AM.png


Overall opinion: The bulls took back control very fast and that is a strong signal for a positive evolution of the markets. Still not too much volume, but, overall, an upward move is expected this 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@dragosroua.


Dragos Roua


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Market Snapshot - July 28th 2018 | Ecency