Top 10 Cryptos
At the moment of writing, top 10 assets were slightly bullish, with all of them in green
Markets rebounded slightly, keeping Bitcoin above $6,200 for now. Looks like the weekend will be "make it or break it" for the $6,000 level.
STEEM And SBD
At the moment of writing, STEEM was trading, on average, at $1.34 on Coinmarketcap, slightly up from yesterday in fiat, and in BTC.
The 1 hour chart shows that resistance at 20k satoshis held pretty well, but the upper side is still hard to pierce, after trying 21ksatoshis, it went back
The 1 day chart is stationary at 20k satoshis, for 2 days in a row
SBD was trading, at the moment of writing, at $1.10, slightly up from yesterday in fiat and in BTC.
The 1 hour chart shows sideways trading, around 17k satoshis, the level reached after yesterday's drop
The 1 day chart is stationary around the same level
SBD to STEEM Ratio
At the moment of writing, according to steem.supply you could get 0.810 STEEM for 1 SBD, down from yesterday, and under parity.
Overall opinion: We're seeing a slowdown of the bearish trend, but with very little upside. STEEM appreciated slightly, rebounding over $1.3, and SBD is flat.
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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