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.
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Nice to see the market start to cover up
I think we will see big jump today
Stability is a good sign, we can hope for another good push upward now...
I so happy to see green again
I believe the bullish trends in the market us because more investors have confidence that the market is now stabilizing to invest in and the bullish trends will continue next week also
Once again, without a doubt we all love to see the green and this time I am hopeful that it'll last. I mean it in the sense that I have a feeling that the worst is already behind us :-)
The greenish market make us happy always. Thank you for the updates
The greenish market
Make us happy always. Thank
You for the updates
- wa2qr
I'm a bot. I detect haiku.
Nice to see market is green, but it is stable rather than a bull run. Let's hope it's a base point where market will launch bullish
Just a wait and see the weekend as the market is waiting for volume to join the party.
Bitcoin keeps on its trading range and bounces down every time it gets closer to the $7500 resistance. Now ranging between that level and the 100 MA line. Volume very low.
EOS volume is very low too and the market keeps on a slow bear trend with 200 MA as the support line.
STEEM has the same pattern as EOS but in this case, the 50MA has just downcrossed the 200MA line which is a downtrend sign. We will have to wait for the rest of the day to see if volume comes in and introduces any interesting movement.
A vesy good day for many coins. Positive change in their value
Intresting to tead daily stats of crypto currencies. Positive change is looking good
Very interisting to read!
thanks for sharing!
have a nice day! @fux 🦊
nice analysis ...appriciate your effort
Alt coin again came on dip.... And the btc rising
steem is performing well 😍
Its really a informative post for all of us….thanks for sharing
The dominance is rising very rapidly of bitcoin which is a good sign may be some breakout may occur again