You are viewing a single comment's thread from:
RE: Market Snapshot - September 12th 2018
Gradual downtrend keeps in place.
Bitcoin has been on a slow downwards trading range and now is trading around $6250 still below 50 and 100MA lines and long-term downtrend line. I do not see a clear sign of behavior change yet.
EOS punched the $5 level and moving averages but bounced down again. It keeps the same pattern as bitcoin with a smooth gradual downtrend ranging up and down.
STEEM is losing value much faster and falling appart from the 50MA line. It is below the long-term support line and I do not see any sign of reversal unless its strong correlation with bitcoin moves the price up following the top crypto.