Top 10 Cryptos
The first day of autumn, which happens to be the first day of a weekend too, starts on a rather optimistic vibe: at the moment of writing, top 10 assets were slightly bullish, with 8 of them in green and 2 in red.
Bitcoin climbed back above $7,000 and all the other assets are moving with it. EOS is remarkably high today, with a gain of more than 7%.
STEEM And SBD
At the moment of writing, STEEM was trading, on average, at $0.95 on Coinmarketcap, slightly up from yesterday, both in fiat and BTC.
On the hourly chart, STEEM is testing again 14k satoshis upwards, but there isn't much volume to support that trend
The daily chart is still flat, no major changes
SBD was trading, at the moment of writing, at $0.99, identical with yesterday and at the peg.
The 1 hour chart is still on a gentle downtrend, following BTC appreciation
The daily chart is also flat, which, for SBD, is a goo thing
SBD to STEEM Ratio
At the moment of writing, according to steem.supply you could get 1.040 STEEM for 1 SBD, down from yesterday, and above parity. Since SBD printing rate is 0%, rewards are paid now in STEEM / Steem Power.
Overall opinion: Bitcoin is maintaining the ascending channel after yesterday's minor correction. STEEM is slowly testing the upwards resistance levels and SBD is maintaining the peg. My outlook for short term is moderately positive.
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 
Wanna know when you're getting paid?
|
|
I know the feeling. That's why I created steem.supply, an easy to use and accurate tool for calculating your Steemit rewards |