Top 10 Cryptos
At the moment of writing, top 10 assets were mixed, with half of them in red and half of them in green.
The beginning of the week seems just as undecided as the last month.
STEEM And SBD
At the moment of writing, STEEM was trading, on average, at $0.97 on Coinmarketcap, slightly up from yesterday.
On the 1 hour chart, STEEM entered a corridor between 15k and 15.5k satoshis and it's staying there
The daily chart is stabilizing after a couple of sharp drops last week
SBD was trading, at the moment of writing, at $1.02, almost identical with yesterday, in fiat and in BTC.
The 1 hour chart shows SBD trading sideways, maintaining its peg
The daily chart is stabilizing as well around 15k satoshis
SBD to STEEM Ratio
At the moment of writing, according to steem.supply you could get 1.012 STEEM for 1 SBD, down from yesterday, and above parity. Since SBD printing rate is 0%, rewards are paid now in STEEM / Steem Power.
Overall opinion: An hesitant start of the week, with no clear direction for the market so far. We will have to wait to see where the price really wants to go.
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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