Top 10 Cryptos
At the moment of writing top 10 assets were bullish, all of them in green, with one asset, Cardano, posting double digit growth.
Seems lik the positive sentiment is maintained across the markets, with Bitcoin crossing back above $8,000.
STEEM And SBD
At the moment of writing, STEEM was trading, on average, at $2.76 on Coinmarketcap, up from yesterday.
On Bittrex , the 30 minutes chart is showing a spike from 32k to 34k satoshis, on significant volume
The 1 hour chart indicates that the 34k satoshis is becoming a new resistance level
The 1 day chart shows an upward correcting green candle, trying to pierce through the 34k satoshis level
SBD was trading, at the moment of writing, at $2.52 on average, slightly up from yesterday.
The 30 minutes chart on Bittrex shows a steep uptrend, on significant volume, trying to break up through the 31.5k satoshis level:
The 1 hour chart indicates the 31.5k satoshis may become a new resistance, though, as it was tested 3 times during the last 2 days
The 1 day chart showing a smaller green candle than in STEEM, confirming the slow decoupling of the two currencies
SBD to STEEM Ratio
At the moment of writing, according to steem.supply, for 1 SBD you get 0.922 STEEM, slightly down from yesterday still below parity.
Overall opinion: The positive sentiment is growing across the entire crypto markets. STEEM had a 6% increase day to day (SBD a little over 4%) showing constant interest, although without any spectacular increase.
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 .
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