Market Snapshot - June 15th 2018
Top 10 Cryptos
At the moment of writing, top 10 assets were looking still bullish, but the move is not strong enough to account for the end of the bear trend, let aside a reversal.
The only red asset is Cardano, the rest are in green.
STEEM And SBD
At the moment of writing, STEEM was trading, on average, at $1.73 on Coinmarketcap, one cent up from yesterday.
The 1 hour chart is basically flat, with sideways trading in the same 26k-27k satoshis corridor
The 1 day chart shows stabilization around 26k satoshis, which seems to be forming a new resistance
SBD was trading, at the moment of writing, at $1.34, similar with yesterday.
The 1 hour chart is flat at 20k satoshis
The 1 day chart is also flat for the last 5 days - which, for SBD, should be a good thing
SBD to STEEM Ratio
At the moment of writing, according to steem.supply you could get 0.776 STEEM for 1 SBD, slightly down from yesterday, and under parity.
Overall opinion: Markets are reacting to the last dip, but not strongly enough, so no clear trend may be seen. STEEM and SBD are conserving their value in BTC.
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 @dragosroua.
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I know the feeling. That's why I created steem.supply, an easy to use and accurate tool for calculating your Steemit rewards |
SBD to steem ratio is still low. I'm waiting to convert me SBD to steem but that value is low. Thanks for the report though
in the 1st Pic every graph looks similar .. no doubt its a buying opportinuty
There was a slight uptrend in tye crypto space yesterday evening. I though it was time for a bullish run but i think i was wrong.
Hi @dragosroua
How are you ?
Informative post .
Thanks for your information .
Upvote you .
Thanks for sharing @dragosroua
Hi @dragosroua
How are you ?
Informative post .
Thanks for your information .
Upvote you .
Thanks for sharing @dragosroua
the bear trend is not looking to go anytime soon and hopefully no more downtrend otherwise new low of 2018 on the cards soon
We are all anticipating a price rebounce for steem and SBD coming week, I believe the market will recover from this week loose in price. I Forseen a bullish market next week for SBD and steem
there is no hopeful news for the cryptocurrency. SBD convert to Steem is low. But your link steem.supply is doing a great job.
I think it is just a little pump before a big dump.
One who's planning to buy.... Its good time for them