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RE: Market Snapshot - July 24th 2018
Bitcoin.....and the rest.
Today the market is showing clearly why Bitcoin is "The" crypto.
In the 4hr chart, we are seeing how we had an initial push this morning which left the price slightly above $8000 crossing the resistance and now we are starting to experience the bull run.
EOS started the day bearish but now is just recovered and crossed the $8 barrier due to the correlation with bitcoin. The market is approaching the channel downtrend line again.
STEEM keeps bearish since yesterday and just bounced when reaching the triangle top line following the second Bitcoin push of the day. Volume remains low and the price has not recovered and is now on the $1,3 level.