Market Snapshot - May 10th 2018
Top 10 Cryptos
At the moment of writing top 10 assets were bulish with only one of them in red (the exact opposite of yesterday).
All assets are now more or less stationary around the average of the last two days values.
STEEM And SBD
At the moment of writing, STEEM was trading, on average, at $3.42 on Coinmarketcap, slightly up from yesterday.
The 1 hour chart shows two consecutive downwards corrections going below the 37k satoshis level
The 1 day chart shows another red candle, basically offsetting the gains from the end of April .
SBD was trading, at the moment of writing, at $2.82 on average, slightly up from yesterday.
The 1 hour chart shows another very sharp correction from 32k to below 30k satoshis
The 1 day chart shows 8 consecutive red candles, on very low volume.
SBD to STEEM Ratio
At the moment of writing, according to steem.supply, for 1 SBD you get 0.827 STEEM, down from yesterday and below parity
Overall opinion: The overall feeling seems to be stabilization across the top 10 assets today, but STEEM and SBD are continuing the correction. SBD downwards trend is faster than STEEM's.
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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I know the feeling. That's why I created steem.supply, an easy to use and accurate tool for calculating your Steemit rewards |
SBD/Steem is so sad :D
Good to see bullish sentiment again, even after bashing by investors like Warren Buffett and Bill Gates.
IOTA and Tron is listing top 10 again.
This the way i like it
I see correction on the part of Steem. That is good as greens are always more welcome than reds. But SBD has really been so funny. I just can’t wait to know the value after these values. Like that is even possible
I don't really get why sbd and steem are correcting at this point. I though we had reach a point of stability and was only expecting a significant increase in the two.
@dragosroua, Now price is growing again. Thank for your update information.
Sbd seems to be dragging behind steem, i wonder when the cut off will be
The rise from your yesterday is a spirit lifting, the correction is a good thing and we all hope this summer something big is going to happen
Thank you for the information. By the way, in your opinion do you think steem will rise again or its gonna fall down?