Top 10 Cryptos

Valentine's Day seems t be gentle with the crypto hodlers: at the moment of writing, top 10 cryptos were all in green, with Stellar and Litecoin posting double digit gains.

Screen Shot 2018-02-14 at 10.27.40 AM.png

There seems to be an overall positive sentiment across the entire market, with very bullish moves during the last few hours.

STEEM And SBD

At the moment of writing, STEEM was trading, on average, at $4.25 on Coinmarketcap, slightly up from yesterday.

On Bittrex, the 30 minutes chart shows mostly sideways trading.

Screen Shot 2018-02-14 at 10.27.53 AM.png

The 1 hour chart shows the same sideways pattern, with a slight bullish tendency.

Screen Shot 2018-02-14 at 10.28.28 AM.png

The 1 day chart has the same price for the last 3 days, at the end of a triangle pattern. Price may move soon, hard to tell in which direction, but the scenarios for an uptrend seem to be more consistent.

Screen Shot 2018-02-14 at 10.28.33 AM.png

SBD was trading, at the moment of writing, at $5.11 on average, slightly up from yesterday. The 30 minutes chart on Bittrex shows very small variations.

Screen Shot 2018-02-14 at 10.28.43 AM.png

The 1 hour chart suggests that the 54k satoshi level is becoming stronger.

Screen Shot 2018-02-14 at 10.28.50 AM.png

The 1 day chart shows a potential stabilization in the 54k satoshis area.

Screen Shot 2018-02-14 at 10.28.59 AM.png

SBD to STEEM Ratio

At the moment of writing, according to steem.supply, you could buy 1.205 STEEM with 1 SBD, up from yesterday and the parity continues to be broken. Although there are a few variations, the median price is going steadily up.

Screen Shot 2018-02-14 at 10.29.22 AM.png

Overall opinion: STEEM is waiting for a new move, potentially upwards (if there's no significant bad news, which in crypto may happen any time) while SBD seems to be holding on to its position above $5.

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 Hive account@dragosroua.

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Market Snapshot - February 14th 2018