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RE: Market Snapshot - July 10th 2018
Big market correction this morning which could become a trend reversal.
Bitcoin was moderate initially with 100 MA acting as support but it broke that level a couple of hours ago and now is in the $6500 level again after a big bear candle just developed.
EOS seems to have stopped going down for the moment and is trading at $7,5 level, volume has started to decrease and RSI shows oversold signals.
STEEM had a progressive continuous downtrend during the past 10 hours and not may have reached a stable level at $1,3 but we will have to see how the rest of the day develops.