Top 10 Cryptos
At the moment of writing top 10 assets were bearish, with half of them posting double digits corrections.
There's quite a sharp dip in the markets a the moment, but Bitcoin is still holding on above $8,000.
STEEM And SBD
At the moment of writing, STEEM was trading, on average, at $2.77 on Coinmarketcap, sharply down from yesterday.
The 1 hour chart shows a very consistent drop from 37k satoshis to 33k satoshis during the last 24 hours
On the 1 day char, the reversal trend is stopped, the last green candle turned red and we're now in the middle of another red candle.
SBD was trading, at the moment of writing, at $2.30 on average, sharply down from yesterday.
The 1 hour chart shows the same journey down, from 31k satoshis to 26.5k satoshis.
The 1 day chart shows the same downtrend pattern as in STEEM
SBD to STEEM Ratio
At the moment of writing, according to steem.supply, for 1 SBD you get 0.829 STEEM, down from yesterday and below parity
Overall opinion: There's a very sudden dip in the markets now and some of the assets, including STEEM and SBD, are also losing value in BTC.
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.
Wanna know when you're getting paid?
|I know the feeling. That's why I created steem.supply, an easy to use and accurate tool for calculating your Steemit rewards|