STEEM CRASHED today NOW trading at $1,62/ETH $249 /BTC $2532

in #steemit7 years ago

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The past week has not been great for the crypto markets, as most coins have struggled just to tread water. However, two top-10 cryptocurrencies, Litecoin and Dash, have weathered the storm and produced double-digit percentage gains in the past week.

In the past week alone, the Litecoin price has increased a remarkable 23%, reaching as high as $55 before settling down to its present value of about $51. The LTC price has outpaced Bitcoin and many others due to the implementation of SegWit and the integration with BitGo and BitStamp.

Steem had a heavy week too trading at 1,62$
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the chart is not looking very well but I think this is a normal bearish retraction.
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Bitcoin slowly recovers after a black week.
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Ethereum is losing almost 50% sience the last all time high
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For those who wish to get into the crypto market this is the right moment to buy and hold.
also what do you think? How you survived this week?

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Hi I have reviewed the annual charts and for this period usually the coins fall in value and return with all their strength for September and October !!!! nice post!!

Hey its just what is supposed to happen just gives a chance for those who can afford to jump on the band wagon to jump ahead of the game.

I think this is a reaction of oversolding

Thx for this post, it really helped me

you welcome

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