Market Snapshot - April 15th 2018
Top 10 Cryptos
At the moment of writing top 10 assets were overall bullish, with 8 of them in green and 2 in red.
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.
The 1 hour chart suggests that 34k satoshis may be locked in as the current level
The 1 day chart shows the first green candle (more like a doji) after two correcting days
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:
The 1 hour chart suggests consolidation around 31k satoshis
The 1 day chart confirms the consolidation around 31k satoshis
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.
Overall opinion: Bitcoin is battling to keep the $8,000 level intact and so far it seems to be holding. STEEM corrected gently, while SBD had a little pump. All in all, markets look stationary for this Sunday.
Disclaimer: I'm not a trader and this is not trading advice. I'm writing these articles for my own educational purposes and they are not meant as an investment foundation. Please make your own due diligences when investing and never invest more than you can afford to lose.
I'm a serial entrepreneur, blogger and ultrarunner. You can find me mainly on my blog at Dragos Roua where I write about productivity, business, relationships and running. Here on Steemit you may stay updated by following me @dragosroua.
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But still the bull trend has not been confirmed. We have many resistances ahead.
Market looks very stable now...Is this an indication for another bull to start...
As expected, theprice of EOS is getting lower because it just went through an airdrop and the people who bought it for the extra tokens are now selling it. Overall the market looks great!
Good catch about the EOS thing, I completely forgot about the airdrop.
Thank you! I guess you are holding EOS, right? Then how come that you forgot about the airdrop?
I just did :)
I wouldnt mind if steem keeps leading sbd, as long as steem keeps going high and sbd follows, thanks for the update
Do you think STEEM will break 3$ this week , it's was very close to that last week and then the price went down :(
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
Yes price is going up and steem is one of the best in blockchain hope it will go up thanks for sharing