Top 10 Cryptos
At the moment of writing, top 10 assets were still looking red, but the losses are more or less insignificant
Bitcoin is keeping above $8,000, but it lost $50 since yesterday. The other assets are posting very small losses, so we can say the beginning of the week is more or less stationary.
STEEM And SBD
At the moment of writing, STEEM was trading, on average, at $1.40 on Coinmarketcap, slightly down from yesterday in fiat and in BTC.
On the 1 hour chart, the price dropped another 0.5k satoshis, trading just a tad above 17k satoshis
On the 1 day chart, STEEM is testing 17k satoshis for the second time in a week
SBD was trading, at the moment of writing, at $1.21, slightly down in fiat from yesterday, and down in BTC.
The 1 hour chart shows a small descent just below 15k satoshis, currently trading at 14.6k satoshis
The 1 day chart suggests SBD will also test the lowest level in a week, around 14k satoshis
SBD to STEEM Ratio
At the moment of writing, according to steem.supply you could get 0.851 STEEM for 1 SBD, slightly up from yesterday, and under parity. SBD printing rate is 39%, down from yesterday.
Overall opinion: The beginning of the week is cautious, traders seem to hold positions waiting for significant news (or other developments) in order to move in one direction or another.
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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