Market Snapshot - May 15th 2018
Top 10 Cryptos
At the moment of writing top 10 assets were bullish, with all of them in green.
Bitcoin is slowly gaining value, inching towards $9,000 again, and all alts are following suit.
STEEM And SBD
At the moment of writing, STEEM was trading, on average, at $3.24 on Coinmarketcap, up from yesterday.
The 1 hour chart shows stable trading around 36k satoshis
On the 1 day char, the small reversal started 3 days ago is slowing down, but we're still looking up
SBD was trading, at the moment of writing, at $2.77 on average, up from yesterday.
The 1 hour chart shows stabilization around 30.5 k satoshis
The 1 day chart shows the same slowing down pattern as in STEEM's only a bit more pronounced
SBD to STEEM Ratio
At the moment of writing, according to steem.supply, for 1 SBD you get 0.848 STEEM, slightly from yesterday and below parity
Overall opinion: Markets are obviously calming down, after Consensus's event kick off yesterday (at the moment of writing, the event, hosting 8,500+ participants, is still unfolding). STEEM and SBD are consolidating and looking really good, given the market context so far.
Disclaimer: I'm not a trader and this is not trading advice. I'm writing these articles for my own educational purposes and they are not meant as an investment foundation. Please make your own due diligences when investing and never invest more than you can afford to lose.
I'm a serial entrepreneur, blogger and ultrarunner. You can find me mainly on my blog at Dragos Roua where I write about productivity, business, relationships and running. Here on Steemit you may stay updated by following me @dragosroua.
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Glad to see green color everywhere, the affects of consensus 2018 event are started to showing up...
On the 1 day char, the small reversal started 3 days ago is slowing down, but we're still looking up
I too hope for the same.
Consensus's conference is doing so good even with entey ticket of 2000$.
Its a huge success!
You can see this recent pump is only due to Consensus's conference!
Wonderful day i would say, all greens. I see bitcoin recovering. And it seems steem and sbd are also doing well
Thanks for your daily update my friend, we hope steem rise and all would be green
Consensus really did stir things up in the market and I must say for the good. Hopefully this could be start of something good. Just hoping to build support at 400 Billion mark and charge for a little higher.
If we can break this current level i believe we will slowly make our way back to the $9,000 region as you are predicting!
Right back on track. It's great to see these top assets bullish. Thanks for the updates
Last 7 days maximum currency were balance or decrease but Zcash increase 28.33 %... So It was on fire... And last 24 hours it increase 47%.. So it is good news for Zcash holders..
Thanks for your information sir. God bless you sir.