Top 10 Cryptos
At the moment of writing top 10 assets were all in green, following a Bitcoin rebound above $9,000.
Although consistent, the gains don't make up for the last week losses, keeping the market still bearish.
STEEM And SBD
At the moment of writing, STEEM was trading, on average, at $2.56 on Coinmarketcap, up from yesterday.
On Bittrex, the 30 minutes chart shows another attempt to break over 28k satoshis, followed by a correction back to 26.5k satoshis
The 1 hour chart shows the failed breakup kept the price in the same 26k-28k corridor.
The 1 day chart is showing a very small green candle with an upper week, which can be read as: "consolidation on a bear trend".
SBD was trading, at the moment of writing, at $2.60 on average, up from yesterday. The 30 minutes chart on Bittrex shows the same breakout like on STEEM chart (and it's probably the cause of that one too).
The 1 hour chart shows that the spike somehow managed to keep the price just a tad higher than before.
The 1 day chart shows a very small rebound, on insignificant volume:
SBD to STEEM Ratio
At the moment of writing, according to steem.supply, you could buy 1 STEEM with 1.016 SBD, slightly up from yesterday but basically at parity.
Overall opinion: Markets rebounded strongly during the weekend, but they're taking a flat turn now. SBD rose slightly above STEEM again, while both currencies are maintaining their current value in Bitcoin and appreciating slightly in fiat.
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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