Top 10 Cryptos
At the moment of writing, top 10 assets were slightly bullish, with 9 of them in green and one in red
The upwards trend started yesterday continued, but there isn't a lot of volume going on. Bitcoin is stable above $7,400.
STEEM And SBD
At the moment of writing, STEEM was trading, on average, at $1.43 on Coinmarketcap, slightly up from yesterday in fiat, and in BTC.
The 1 hour chart show a breakout of the downtrend channel and a potential forming of an uptrend, but there isn't enough volume to support a definite pattern
The 1 day chart suggests stabilization around 19.5k satoshis
SBD was trading, at the moment of writing, at $1.23, slightly up in fiat from yesterday, and in BTC.
The 1 hour chart is showing sideways trading, after stopping the downtrend, around 16.5k satoshis
The 1 day chart is relatively flat, indicating stabilization around 16.5k satoshis
SBD to STEEM Ratio
At the moment of writing, according to steem.supply you could get 0.857 STEEM for 1 SBD, down from yesterday, and under parity. SBD printing rate is 41.33%, down from yesterday.
Overall opinion: There isn't enough volume to support a consistent bull run, but at least the market looks stable, for now. STEEM and SBD are holding their ground.
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.
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 |