Top 10 Cryptos
At the moment of writing, top 10 assets were relatively bullish with 6 of them in green and 4 in red
There's little movement in the markets and this slight bullish approach seem more like a stabilization / correction before the next significant movement.
STEEM And SBD
At the moment of writing, STEEM was trading, on average, at $1.66 on Coinmarketcap, identical with yesterday.
The 1 hour chart indicates that 25.5k satoshis level is now the new resistance.
The 1 day chart is flat, on a very low volume.
SBD was trading, at the moment of writing, at $1.30, almost identical with yesterday.
The 1 hour chart is flat slightly under 20k satoshis
The 1 day chart is also flat, on very low volume as well
SBD to STEEM Ratio
At the moment of writing, according to steem.supply you could get 0.784 STEEM for 1 SBD, slightly down from yesterday, and under parity.
Overall opinion: It seems like we're witnessing a very low level of activity across the entire crypto market. STEEM and SBD are basically unchanged for the last 48 hours.
Disclaimer: I'm not a trader and this is not trading advice. I'm writing these articles for my own educational purposes and they are not meant as an investment foundation. Please make your own due diligences when investing and never invest more than you can afford to lose.
I'm a serial entrepreneur, blogger and ultrarunner. You can find me mainly on my blog at Dragos Roua where I write about productivity, business, relationships and running. Here on Steemit you may stay updated by following me @dragosroua.
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I know the feeling. That's why I created steem.supply, an easy to use and accurate tool for calculating your Steemit rewards |
well i can't see anyone in the green in the picture you provided sir.
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But... in the image all of them are in red...
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Because I didn't update the screenshot, thanks for the heads up, now corrected :)
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Despite all the bullish news, what I think the scenario is set to touch 5000$ price of Bitcoin. You never know then, bleeding at the moment.
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Nothing is seen in green in the pic. Glad to see that SBD, Steem ratio is creeping towards 1.0 @dragosroua
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Nice information .
Thanks for sharing @dragosroua
Upvote you .
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Ripple changed their logo noticed it for the first time
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The bearish market still continues the market needs fundament news to change its direction , and I hope that this week the market will be bullish in other to put smiles on investors face
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What is the reaon behind the crypto are going down and down.....
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this resistance level is turning to be a good resistance level, hopefully this is will be followed by uptrend.
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Why are all of the trends so similar? This is doesn't seem appropriate unless there are coordinated movements throughout the entire economic system. Am I missing something?
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Almost all assets are coupled with Bitcoin price.
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Because they are traded against Bitcoin :D
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We basically have the same situation we had yesterday. Low volumes and not significant patterns.
Bitcoin remains in the $6500 line as yesterday. 100 and 50 MA are overlapping and volume is getting smaller and smaller.
EOS dropped below $10,5 and some volume came in to bring price above that level again. Nothing shows the price will have a big change in the short term as the volume is also very low.
Finally, Steem is no different, low volumes and flat graph. The only significant difference is the gaps that are showing. It is just due to the low volume in the market.
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I am desperately waiting to see green signals.
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