1 SBD = ₿12525 Satoshi -- Is now the time to buy?
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(Chart by TradingView)
The Ultimate Moving Average of the SBD (Steem Backed Dollar) price against Bitcoin continued to rise above ₿12500 satoshi around mid-September. It then slowly continued to move lower and higher until today.
However, the SuperTrend indicator has transitioned to provide a buy signal from October 8 to the present.
Meanwhile, the Squeeze Momentum indicator appears to be in a bearish position but is beginning to strengthen with relatively low volatility.
Will SBD's price trend toward Bitcoin rise again? And is now the time to buy?
Let's keep monitoring this SBD price volatility against Bitcoin.
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