Market Snapshot - April 15th 2018

in steemit •  5 months ago

Top 10 Cryptos

At the moment of writing top 10 assets were overall bullish, with 8 of them in green and 2 in red.


Screen Shot 2018-04-15 at 10.12.25 AM.png


For the last couple of days we've seen mostly flat trading or cautious wins, which means the gains are preserved. Bitcoin is hovering around $8,000 without breaking up.

STEEM And SBD

At the moment of writing, STEEM was trading, on average, at $2.66 on Coinmarketcap, slightly down from yesterday.

On Bittrex , the 30 minutes chart is flat around 34k satoshis.


Screen Shot 2018-04-15 at 10.12.46 AM.png


The 1 hour chart suggests that 34k satoshis may be locked in as the current level


Screen Shot 2018-04-15 at 10.12.54 AM.png


The 1 day chart shows the first green candle (more like a doji) after two correcting days


Screen Shot 2018-04-15 at 10.13.03 AM.png


SBD was trading, at the moment of writing, at $2.44 on average, slightly up from yesterday.

The 30 minutes chart on Bittrex shows a small pump, from 30k satoshis to 32.5k satoshis, followed by a correction back to 31k satoshis:


Screen Shot 2018-04-15 at 10.13.14 AM.png


The 1 hour chart suggests consolidation around 31k satoshis


Screen Shot 2018-04-15 at 10.13.21 AM.png


The 1 day chart confirms the consolidation around 31k satoshis


Screen Shot 2018-04-15 at 10.13.31 AM.png


SBD to STEEM Ratio

At the moment of writing, according to steem.supply, for 1 SBD you get 0.916 STEEM, up from yesterday but we're below parity.


Screen Shot 2018-04-15 at 10.14.14 AM.png


Overall opinion: Bitcoin is battling to keep the $8,000 level intact and so far it seems to be holding. STEEM corrected gently, while SBD had a little pump. All in all, markets look stationary for this Sunday.

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.


Dragos Roua


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But still the bull trend has not been confirmed. We have many resistances ahead.

Market looks very stable now...Is this an indication for another bull to start...

As expected, theprice of EOS is getting lower because it just went through an airdrop and the people who bought it for the extra tokens are now selling it. Overall the market looks great!

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Good catch about the EOS thing, I completely forgot about the airdrop.

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Thank you! I guess you are holding EOS, right? Then how come that you forgot about the airdrop?

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I just did :)

I wouldnt mind if steem keeps leading sbd, as long as steem keeps going high and sbd follows, thanks for the update

Do you think STEEM will break 3$ this week , it's was very close to that last week and then the price went down :(

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Only the markets know that :)

It's good to see the market stable for right now. I like the gains so far in Steem as well as for SBDs.

Good to see that the market is been stable and keep BTC over 8k and ETH over 500, the trading volume is a bit low i assume that once we will see higher trading volume the prices will jump as well

Yesterday was very interesting day in the end of the day there is not much of a cahange in the top 10 alts but the rates very volatility yesterday

the market looks stabil. i think the bullrun is very close

I gave you an up-vote.
Please follow me if you like and we can share posts and up-votes and help build our profiles.

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brother please give me upvote or back

Thank you sir this is useful to me. I will like to know about etherium price. You made an amazing content my dear friend. We should connect and support each other by follow each other. I already upvoted you and following you, please think about that.Thanks and greeting from @ayahlistic

Yes price is going up and steem is one of the best in blockchain hope it will go up thanks for sharing

SBD is pumpimg ..that is great..

Bitcoin keeps drawing an ascending triangle in the 1h chart since Thursday big spike. It is approaching the apex. Volume keeps declining, seems the break might be coming.

Screen Shot 2018-04-15 at 09.54.09.png

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Here we go!

Screen Shot 2018-04-15 at 13.11.52.png

Thanks for this consistent update. I am also closely monitoring coins with potential of growth esp. with the upward movement of BTC.

very good analysis, my friend. In my opinion the sbd will be maintained by the capitalization of the market.

good post

Sbd still doing great from the average that is awesome

I really don't mind the lateral movement with STEEM. I'd like things to have a chance to settle and for people to get used to the new higher price. I know I don't know anything about what goes on with the markets, but it seems to me if we want stabilization eventually, we want less volatility and more gentle rises. :)

I know, I know, what world am I living in? My own. It's actually quite nice. :)