Market Snapshot - April 28th 2018

in steemit •  7 years ago 

Top 10 Cryptos

At the moment of writing top 10 assets were relatively bearish, 4 of them in green and 6 of them in red.


Screen Shot 2018-04-28 at 11.13.44 AM.png


Bitcoin is maintaining the $9,000 level, while EOS, Cardano and TRON are growing very fast. All other alts are mildly correcting downwards.

STEEM And SBD

At the moment of writing, STEEM was trading, on average, at $4.22 on Coinmarketcap, sharply up from yesterday.

The 1 hour chart shows another spike, following the rescheduling of STEEM trading on Huobi Pro, followed by a correction to 46k satoshis.


Screen Shot 2018-04-28 at 11.14.05 AM.png


The 1 day chart suggests stabilization around 46k satoshis, after a bug jump a few days ago


Screen Shot 2018-04-28 at 11.14.12 AM.png


SBD was trading, at the moment of writing, at $3.52 on average, slightly up from yesterday.

The 1 hour chart indicates the bull force is not that strong as for STEEM, SBD stopping around 37.5k satoshis


Screen Shot 2018-04-28 at 11.14.27 AM.png


The 1 day chart shows a red candle following a doji, bringing SBD price back where it was a week ago, in BTC.


Screen Shot 2018-04-28 at 11.14.34 AM.png


SBD to STEEM Ratio

At the moment of writing, according to steem.supply, for 1 SBD you get 0.833 STEEM, down from yesterday and below parity


Screen Shot 2018-04-28 at 11.15.44 AM.png


Overall opinion: Although Bitcoin is relatively stable, the rise of EOS and Cardano may indicate an attempt from alts to decouple from Bitcoin dominance. Still a long way to go, since EOS has just 10% of Bitcoin's marketcap, but it's an interesting trend. STEEM is very well positioned before its new listing on a major exchange, while SBD is growing much slower that STEEM. All in all, an encouraging start of the 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.


Dragos Roua


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  ·  7 years ago (edited)

EOS is doing wonders at the moment, up by 21%.... Is it just for Airdrop?

  ·  7 years ago (edited)

Watching month to date graph, it is clear EOS and STEEM are the two coins leading.

Screen Shot 2018-04-28 at 08.43.43.png

STEEM is still on the uptrend channel, has been trying to break it a couple of times but did not succeed yet.

Screen Shot 2018-04-28 at 08.43.23.png

EOS is on the upper side of its channel, trying to break it with the ATH resistance line.

Screen Shot 2018-04-28 at 08.43.02.png

IMG_20180428_140455.jpg
Its just the beginning, steem is gonna rock in future.

Long live steem

Thank you!

Very very good... steem is on its way to $5

looks like EOS really made it!
From being just " a nice idea" to making the project, one of the most promising in the crypto space. Not often I say: but I think EOS might be there to stay in Top5 or Top4 in the CoinMarketCap.

The crypto market is so full of uncertainties. One moment it is up and the next it's down. Look in the morning the top 10 were bullish and now a different story.

That is something i was looking for, sir what is EOS?
Now a day everyone is talking about it.
can you please give me some information about it!

and yes steem sbd's are standing strong!
and hopefully they will continue to do so!

EOS is a blockchain were people can create 'custom tokens'.
For example, someone could create a steem-like blockchain by creating a new token on the EOS chain.

I was considering it as a coin!
Maybe I'm wrong.

It's comparable to the smart token idea of steem.

Tokens like xap?

Market is now balance but steem is growing up than others....thanks for your current market update @dragosroua

Altcoins have been steadying moving up compare to bitcoin. I have put in a few hopes on EOS because it seems to be bulling in strong as we draw closer to its launch date.

Steem and EOS are having some nice runs in the last few weeks :)

There is good going STEEM and SBD ratio i hope it can top $10 @dragosroua

There is good going STEEM and SBD ratio i hope it can top $6 or more @dragosroua

yeah your right they are selling steem at 4.2 at yesterday.....

Awesome post sir

Steem will up to 6$ in May

wow very excellent steemit steem bitcoin information

Seems Bitcoin is still to make a major breakout from the 9k level - good for other cryptos who are making inroads into Bitcoin dominance.

Loving the ride of Steem at the moment!

Also, I just voted for you as witness @dragosroua (you are my 1st vote!) I love all the hard work you do

I think his movements are in stable condition, probably will move up at the time of its launch.

Wow this is amazing, well I have some amount of Ether and ripple. And steem is my personal favorite. I am so happy to see the price going back to normal.
I hope there are good times ahead.
Good work sir keep up.

Steem got a small correction, but overall is doing great! I am impressed to see EOS skyrocketing too, which is also amazing.

I can't wait for the time when you won't have to make a separate part of the post for Steem, because it will already be seen int the first image :D

This is a positive sign that things are looking up for cryptocurrency.i hope this momentum will be sustained.

Great report , keep the good work

Thanks for sharing I think steem soon will arrive at 5$

Steem is doing great and eos off to a flyer :)

Interesting that Steem and EOS are the biggest climbers right now. Looks like Korea is still a major factor, especially for Steem. There may be more optimism there with the current peace talks. I hope that goes well.