Top 10 Cryptos
At the moment of writing, top 10 assets were sharply down, with all of them in red.
Bitcoin is barely holding up above $6,000 while some other assets are posting double digit losses.
STEEM And SBD
At the moment of writing, STEEM was trading, on average, at $0.95 on Coinmarketcap, sharply down from yesterday in fiat and significantly down in BTC
On the 1 hour chart, STEEM had a sharp dive, trading below 16k satoshis now
The 1 day chart is retesting 15k satoshis resistance, after a few days of mostly flat trading
SBD was trading, at the moment of writing, at $1.03, almost identical with yesterday, in fiat and in BTC.
The 1 hour chart shows SBD appreciating slightly in Bitcoin, keeping its peg
The 1 day chart is starting to look relatively bullish
SBD to STEEM Ratio
At the moment of writing, according to steem.supply you could get 1.042 STEEM for 1 SBD, up from yesterday, and above parity.
Overall opinion: Another bloodbath in the crypto markets. STEEM is below $1 for the first time in a long time.
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 .
Wanna know when you're getting paid?
|
|
I know the feeling. That's why I created steem.supply, an easy to use and accurate tool for calculating your Steemit rewards |