Top 10 Cryptos
At the moment of writing top 10 assets were predominantly bearish, with 3 in green and 7 in red.
It's interesting to note that the only bullish assets are the "good ol' ones": Bitcoin, Litecoin, Monero. The recent "stars": Cardano, Ripple, Stellar, EOS, are all posting losses.
STEEM And SBD
At the moment of writing, STEEM was trading, on average, at $3.44 on Coinmarketcap, up from yesterday.
On Bittrex, the 30 minutes chart shows sideways trading in a 1k satoshis corridor, between 29.2k and 30.2k satoshis.
The 1 hour chart shows a small upward correction after consistent losses.
The 1 day chart shows very small variation around 29k-30k satoshis.
SBD was trading, at the moment of writing, at $3.72 on average, up from yesterday. The 30 minutes chart on Bittrex shows a sudden spike in the last half an hour.
The 1 hour chart confirms the pump, with a long, solid green candle.
The 1 day chart puts the pump in perspective: it's still very small, compared with previous weeks losses.
SBD to STEEM Ratio
At the moment of writing, according to steem.supply, you could buy 1.073 STEEM with 1 SBD, slightly down from yesterday and still on a bearish trend.
Overall opinion: Seems like only the "old fashion traders" are playing these days (Bitcoin, Litecoin, Monero are looking upwards). The recent hype seems to vanish, which I consider to be a good thing, because it's odd to see in top 10 cryptos 2 tokens which are not yet fully released (Cardano and EOS). STEEM and SBD are pumped again on Korean exchanges, it remains to be seen how much stamina is behind this new attempt to drive the price higher.
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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