This is my twenty fifth day from the 30 days writing challenge I'm doing during January. Basically, I'm writing each day an article on a topic that I'm interested in, or something that I'm just learning. I tag these posts with #challenge30days, if you want to join, all you have to do is to use the same tag. Each day I will also pick 3 articles and give them a full upsteem. For all the details and the motivation, have a look at the introductory post.
Top 10 Cryptos
At the moment of writing, top 10 cryptos were all in green, with only 1 token posting a small loss.
Bitcoin, Ethereum and Litecoin are steadily recovering, but none of them reached their previous weekly highs. The highest growth is in the Cardano, Stellar and EOS platoon, which seems to be the new rave group of top 10 cryptos.
STEEM And SBD
At the moment of writing, STEEM was trading, on average, at $6.10 on Coinmarketcap, sharply up from yesterday, following positive news from Weiss rating agency. On Bittrex, the 30 minutes chart shows a sharp upside, followed by slow, but consistent upwards movement, on consistent volume.
The 1 hour chart shows confirms the same bull trend, with resistance forming around 56-57k satoshis, and correction down to 55k satoshis.
The 1 day chart shows a full green candle with almost no wick (very bullish), followed by a correcting small candle, around the previous upwards resistance level, 55k satoshis.
SBD was trading, at the moment of writing, at $6.97 on average,sightly up from yesterday. The 30 minutes chart on Bittrex shows another failed attempt to break out above 72k, followed by a sharp correction and mostly sideways trading around 62k.
The 1 hour chart shows two consecutive attempts to drive the price sharply up, followed by corrections and sideways trading - could mean buyer strength is going down.
The 1 day chart shows a potential stabilization around 62k.
SBD to STEEM Ratio
At the moment of writing, according to steem.supply, you could buy 1.144 STEEM with 1 SBD, down from yesterday and the trend seems to go in the direction of parity again.
Overall opinion: after almost two months of SBD pumping, STEEM seems to be finally getting a place at the table, following positive PR. Parity seems to be in sight again, but let's not forget the potential weekend SBD pump, which happened consistently during the last few weeks, pump which may widen the gap again.
Previous Posts In The Challenge
- Markets Snapshot - Day One
- Markets Snapshot - Day Two
- Markets Snapshot - Day Three
- Markets Snapshot - Day Four
- Markets Snapshot - Day Five
- Markets Snapshot - Day Six
- Market Snapshot - Day Seven
- Market Snapshot - Day Eight
- Market Snapshot - Day Nine
- Market Snapshot - Day Ten
- Market Snapshot - Day Eleven
- Market Snapshot - Day Twelve
- Market Snapshot - Day Thirteen
- Market Snapshot - Day Fourteen
- Market Snapshot - Day Fifteen
- Market Snapshot - Day Sixteen
- Market Snapshot - Day Seventeen
- Market Snapshot - Day Eighteen
- Market Snapshot - Day Nineteen
- Market Snapshot - Day Twenty
- Market Snapshot - Day Twenty One
- Market Snapshot - Day Twenty Two
- Market Snapshot - Day Twenty Three
- Market Snapshot - Day Twenty Four
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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