Top 10 Cryptos
At the moment of writing top 10 assets were predominantly bullish, with 7 of them in green and 3 of them in red.
Bitcoin broke the $9,500 layer and it seems to plateau there, while the biggest growth, 9%, is displayed by Ethereum, which aims to test the $800 layer (now trading at $782).
STEEM And SBD
At the moment of writing, STEEM was trading, on average, at $3.99 on Coinmarketcap, slightly up from yesterday.
The 1 hour chart shows another drop from 42k satoshis to 41k satoshis, but it's interesting that this level is almost flat for the last 20 hours (there's a huge buy wall on Bittrex for 41k satoshis).
The 1 day chart shows another red correcting candle, slightly more bearish than the one before, but still above the 3 days average (the red line).
SBD was trading, at the moment of writing, at $3.41 on average, slightly up from yesterday.
The 1 hour chart shows another correction down, to the 34.5k satoshis level
The 1 day chart indicates that SBD lost the 36k resistance level and it's now looking down
SBD to STEEM Ratio
At the moment of writing, according to steem.supply, for 1 SBD you get 0.852 STEEM, slightly down from yesterday and below parity
Overall opinion: Markets are looking up and all alts gains are based on Bitcoin growth. STEEM and SBD appreciated slightly, but only in fiat, because they lost a bit in Bitcoin.
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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Bitcoin had a nice pump last night. It pushed the price to the highs from April 25h creating a resistance around that value. The market is trading around that resistance and may break it quite soon.
Eos is still correcting from April big uptrend (4hr chart). It seems it has slowed down during the past hours and the new release code problems may have to do with that but my personal sense is that market is just consolidating its positions and will resume uptrend after the correction.
Finally, Steem keeps trading inside the BIG uptrend channel. Looking at the 4hr chart pattern seems to be defined and suggests prices will go up to hit the upper channel line.
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I am happy after observing your analysis because bitcoin & Ethereum will make impulsive move in next 1 - 2 days thanks for this authenticity that is present in your post @dragosroua & I also want to contribute in your 30 days challenge please guide me sir.
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I am writing about 1st question of your 30 day challenge, will post it today, hopefully you will like it
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The market trend is not bad in my own opinion. Though the price osvteem is gradually decreasing, it is not sudden drop. It is still going like in a trend.
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The price has gone up at the time of this post ... and that’s a screenshot of it . Fellow Steemian , kindly vote @dragouroua as witness. This is awesome
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i agree with this sentence "The market trend is not bad"
Thank You for informative article.
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Seems steem went abit down from yesterday but SBD kinda covered for that
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very informative it will help
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Thanks for the market scope for today, seems both Sbd, steem and bitcoin got a growth. We can only hope for more in the coming days
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oh..It can help us...Thanks sir.
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Wow Very informative it will help
Thanks for share .everybody Resteem This Post
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I have upvoted you as witness, you keep us upto date regarding crypto. Its very informative.
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Steem is back to the 4. mark, i think we are going to break a mark very soon and run high. Sbd is also moving behind quite slowly, i predict a 4.5 this weekend
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I like this information because its a informative post for cryptos. thanks @dragosroua
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Intresting post sir..and very helpful Post. Thanks for share this post
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Again we are here, expectant to see what will bitcoin do, if it stabilizes and allows for alts to grow or if it decides to rekt us completely by going above 10k or going back to 9k....
There seems to be no volume increase since Goldman sachs made the announcement that they would be trading bitcoin yesterday, so i would be expectant of that.
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The reward of this comment will be added to the postal prize for help.
It's amazing, I agree with you, this is a great post, and you deserve a nice reward.
Keep up your mission.
Thanks from @razi04
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Kindly vote this wonderful steemia @dragoaroua
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Great day today o thomk botcoom will hit 10k today
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It seems Goldman Sachs have shown support for bitcoin and that boosted the markets. Steem is still doing okay. I'm happy if it maintains this level until we see new developments from the team. Then it should really go up.
Power up and keep the faith
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There are more greens than reds. Good one. The market is gradually stabilizing. But Ethereum as been on the quite noticeable trend.
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Steem is now stable at around $4 but we want to see it go above 6$!
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It's all good news, but can I ask someone when SBD would show an upward trend against STEEM? Is STEEM going up keeps the run at bay?
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ethereum showed massive growth this is the new bitcoin
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