Top 10 Cryptos
At the moment of writing, top 10 assets were predominantly bullish, with 7 of them in green and 3 in red.
Markets are bouncing back, as expected, but it doesn't look like a rally, yet, more like a technical correction.
STEEM And SBD
At the moment of writing, STEEM was trading, on average, at $1.06 on Coinmarketcap, slightly up from yesterday in fiat but slightly down in BTC
On the 1 hour chart, STEEM is at the same level (very small loss), which is 16.2k satoshis
The 1 day chart is remaining flat for 6 days in a row at the same level
SBD was trading, at the moment of writing, at $1.06, almost identical with yesterday, in fiat and in BTC.
The 1 hour chart shows SBD maintaining the 6k satoshis level
The 1 day chart is remaining stable, no sudden spike up or down
SBD to STEEM Ratio
At the moment of writing, according to steem.supply you could get 0.968 STEEM for 1 SBD, down from yesterday, and still under parity.
Overall opinion: Markets are correcting slowly and I expect the weekend to look a lot more greener than today. STEEM and SBD are extremely stable in all this turmoil.
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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