Market Snapshot - May 25th 2018 by dragosroua

View this thread on steempeak.com
· @dragosroua ·
$7.65
Market Snapshot - May 25th 2018
# Top 10 Cryptos

At the moment of writing top 10 assets were predominantly bullish, with 7 assets in green and 3 in red, and with one asset, EOS, showing double digit growth.
***
![Screen Shot 2018-05-25 at 11.23.43 AM.png](https://cdn.steemitimages.com/DQmaefpLztPkEtVMiAGQ5TmvyMWnnzQVHet3WMAeSLyH1yW/Screen%20Shot%202018-05-25%20at%2011.23.43%20AM.png)
***
Bitcoin is not performing astonishingly, suggesting the beginning of a downward trend. Other assets are correcting upwards after the last two days losses, but not recovering much. EOS, in anticipation of its mainnet launch, on June 1st, appreciated a little over 10%.

# STEEM And SBD

At the moment of writing, STEEM was trading, on average, at $2.74 on Coinmarketcap, sharply down from yesterday both in fiat and Bitcoin (more than 10% in both).

The 1 hour chart shows small volume and a slow correction back to 37k satoshis (after reaching as high as 47.5k satoshis on last days jumps).
***
![Screen Shot 2018-05-25 at 11.24.00 AM.png](https://cdn.steemitimages.com/DQmUrx2iaN99nmBNgg7Wyk2PNMxSe4pfuCB55HL8yE3pa8h/Screen%20Shot%202018-05-25%20at%2011.24.00%20AM.png)
***
The 1 day chart shows two consecutive red candles, the last one being relatively solid (the price drop was consistent), but even in these conditions, STEEM is still on an ascending channel.
***
![Screen Shot 2018-05-25 at 11.24.28 AM.png](https://cdn.steemitimages.com/DQmTKo7BMtF9LVNC2cM8PnjS1RucyPSi7x8b6C4YeLicTtL/Screen%20Shot%202018-05-25%20at%2011.24.28%20AM.png)
***
SBD was trading, at the moment of writing, at $1.86 on average, down from yesterday, both in fiat and in Bitcoin.

The 1 hour chart shows sideways trading between 25k and 24k satoshis
***
![Screen Shot 2018-05-25 at 11.26.53 AM.png](https://cdn.steemitimages.com/DQmdAxtnABWa1iFShGM4KPwusKBpLseLp8Bm8VNb8AusmDF/Screen%20Shot%202018-05-25%20at%2011.26.53%20AM.png)
***
The 1 day chart confirms the slow depreciation of SBD, indicating the 24k satoshis resistance level could be broken soon.
***
![Screen Shot 2018-05-25 at 11.27.00 AM.png](https://cdn.steemitimages.com/DQmTKEq39TzsyGZ37AGkaQExKReVesnwnqXBiw3PFetA9RT/Screen%20Shot%202018-05-25%20at%2011.27.00%20AM.png)
***
# SBD to STEEM Ratio

At the moment of writing, according to [steem.supply](http://steem.supply), for 1 SBD you get  0.678 STEEM, up from yesterday and below parity 
***
![Screen Shot 2018-05-25 at 11.25.59 AM.png](https://cdn.steemitimages.com/DQmWoPH1evPvJZ2rczyqkv7mZD7GF31vcN4gyqARxjKBmpT/Screen%20Shot%202018-05-25%20at%2011.25.59%20AM.png)
***
## Overall opinion: Markets seem to take a breather now, and judging upon last weeks patterns, the weekend may show some upswings, but I'm not expecting huge jumps. STEEM is correcting down, but still on an upwards channel, and SBD is going slowly down to the peg.
 
_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](http://dragosroua.com) where I write about productivity, business, relationships and running. Here on Steemit you may stay updated by following me @dragosroua._
<center>
![Dragos Roua](http://dragosroua.com/wp-content/uploads/2014/05/bamf-e1448824881306.png)</center>
<hr/>
<center>
<h2>Wanna know when you're getting paid?</h2>
</center>
<table width="100%">
<tr>
<td width="50%" align=left>
<img src ="https://steemitimages.com/DQmY5EgrAesnAbWyBazuHaA2Rqb2y9kkJjX4SkGq4NqA9b1/Screen%20Shot%202018-02-16%20at%2011.30.44%20AM.png" width="250" heigh="100">
</td>
<td width="50%" valign="top">
I know the feeling. That's why I created <a href="http://steem.supply" target="_new">steem.supply</a>, an easy to use and accurate tool for calculating your Steemit rewards
</td>
</tr>
<tr>
</table>
<center><h2>It's free to use, but if you think this is a useful addition, I'd appreciate your <a href="https://steemit.com/~witnesses" target="_new">witness vote</a>.</h2>
<h1>Thank you!</h1>
</center>

<center>
# Psst: new to Steemit? [Start Here](https://steemit.com/@dragosroua/the-7-fundamental-questions-about-steemit)
</center>
πŸ‘  , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,
properties (23)
post_id50,208,283
authordragosroua
permlinkmarket-snapshot-may-25th-2018
categorysteemit
json_metadata"{"users": ["dragosroua"], "tags": ["steemit", "steem", "bitcoin", "market", "price"], "links": ["http://steem.supply", "http://dragosroua.com", "https://steemit.com/~witnesses", "https://steemit.com/@dragosroua/the-7-fundamental-questions-about-steemit"], "format": "markdown", "image": ["https://cdn.steemitimages.com/DQmaefpLztPkEtVMiAGQ5TmvyMWnnzQVHet3WMAeSLyH1yW/Screen%20Shot%202018-05-25%20at%2011.23.43%20AM.png"], "app": "steemit/0.1"}"
created2018-05-25 08:37:12
last_update2018-05-25 08:37:12
depth0
children13
net_rshares2,018,131,108,133
last_payout2018-06-01 08:37:12
cashout_time1969-12-31 23:59:59
total_payout_value6.240 SBD
curator_payout_value1.411 SBD
pending_payout_value0.000 SBD
promoted0.000 SBD
body_length4,308
author_reputation283,284,114,896,802
root_title"Market Snapshot - May 25th 2018"
beneficiaries[]
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000
author_curate_reward""
vote details (41)
@gaintshoulder ·
I expect sbd to balance on the $1 mark but for steem going down is saddening i thought its independent of bitcoin
πŸ‘  
properties (23)
post_id50,208,536
authorgaintshoulder
permlinkre-dragosroua-market-snapshot-may-25th-2018-20180525t083926767z
categorysteemit
json_metadata"{"app": "steemit/0.1", "tags": ["steemit"]}"
created2018-05-25 08:39:27
last_update2018-05-25 08:39:27
depth1
children0
net_rshares559,271,813
last_payout2018-06-01 08:39:27
cashout_time1969-12-31 23:59:59
total_payout_value0.000 SBD
curator_payout_value0.000 SBD
pending_payout_value0.000 SBD
promoted0.000 SBD
body_length113
author_reputation709,759,331,542
root_title"Market Snapshot - May 25th 2018"
beneficiaries[]
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000
author_curate_reward""
vote details (1)
@olumideolowoyeye · (edited)
Thanks for the daily update my friend , your invention the steem.supply is my most visited page on a daily basis .
>STEEM is correcting down, but still on an upwards channel, and SBD is going slowly down to the peg

Yeah I see that everyday and it’s such a bad choice for those stacking SBD instead of steem
properties (22)
post_id50,208,717
authorolumideolowoyeye
permlinkre-dragosroua-market-snapshot-may-25th-2018-20180525t084058291z
categorysteemit
json_metadata"{"app": "steemit/0.1", "tags": ["steemit"]}"
created2018-05-25 08:41:00
last_update2018-05-25 08:43:15
depth1
children0
net_rshares0
last_payout2018-06-01 08:41:00
cashout_time1969-12-31 23:59:59
total_payout_value0.000 SBD
curator_payout_value0.000 SBD
pending_payout_value0.000 SBD
promoted0.000 SBD
body_length307
author_reputation28,693,120,207,612
root_title"Market Snapshot - May 25th 2018"
beneficiaries[]
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000
@santigs ·
After yesterday bear rally Bitcoin seems to be stabilized around $7500 price as seen in the 4hr chart. The general feeling is we are reaching the end of the bear trend which started last December. Volume is decreasing compared two the previous two bear rallies and lows are higher. You can check the whole explanation in yesterday's [The Crypto Fam twitter thread](https://twitter.com/TheCryptoFam/status/999407808041930752).

![Screen Shot 2018-05-25 at 10.30.50.png](https://cdn.steemitimages.com/DQmNoagZ6qJnTiX5o7rpwZebWZ9FtC79KkdaPBcVF1MdPX8/Screen%20Shot%202018-05-25%20at%2010.30.50.png)

EOS has recovered part of yesterday downtrend and is now trading around $12 which is acting as support.

![Screen Shot 2018-05-25 at 10.31.06.png](https://cdn.steemitimages.com/DQmYQHqQKAFucVMWGaC9MioN5Gn9zWFF2tPcgrnsDwrrmv5/Screen%20Shot%202018-05-25%20at%2010.31.06.png)

Finally, STEEM punched the $3 level after bouncing up when yesterday downtrend ended but now the market is bear again and price is around $2,75. I do not expect big surprises during the weekend.

![Screen Shot 2018-05-25 at 10.31.41.png](https://cdn.steemitimages.com/DQmfHGPS77YPSrcFkJLqHxBdVJvW2XNWHLftKjhnbKSxzCS/Screen%20Shot%202018-05-25%20at%2010.31.41.png)
πŸ‘  
properties (23)
post_id50,208,761
authorsantigs
permlinkre-dragosroua-market-snapshot-may-25th-2018-20180525t084124219z
categorysteemit
json_metadata"{"app": "steemit/0.1", "image": ["https://cdn.steemitimages.com/DQmNoagZ6qJnTiX5o7rpwZebWZ9FtC79KkdaPBcVF1MdPX8/Screen%20Shot%202018-05-25%20at%2010.30.50.png"], "links": ["https://twitter.com/TheCryptoFam/status/999407808041930752"], "tags": ["steemit"]}"
created2018-05-25 08:41:24
last_update2018-05-25 08:41:24
depth1
children0
net_rshares1,087,671,546
last_payout2018-06-01 08:41:24
cashout_time1969-12-31 23:59:59
total_payout_value0.000 SBD
curator_payout_value0.000 SBD
pending_payout_value0.000 SBD
promoted0.000 SBD
body_length1,233
author_reputation957,438,993,824
root_title"Market Snapshot - May 25th 2018"
beneficiaries[]
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000
author_curate_reward""
vote details (1)
@bankthecrypto ·
$0.05
EOS is such a winner coin
πŸ‘  
properties (23)
post_id50,208,800
authorbankthecrypto
permlinkre-dragosroua-market-snapshot-may-25th-2018-20180525t084146910z
categorysteemit
json_metadata"{"app": "steemit/0.1", "tags": ["steemit"]}"
created2018-05-25 08:41:45
last_update2018-05-25 08:41:45
depth1
children1
net_rshares14,231,536,703
last_payout2018-06-01 08:41:45
cashout_time1969-12-31 23:59:59
total_payout_value0.039 SBD
curator_payout_value0.011 SBD
pending_payout_value0.000 SBD
promoted0.000 SBD
body_length25
author_reputation74,131,024,130,091
root_title"Market Snapshot - May 25th 2018"
beneficiaries[]
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000
author_curate_reward""
vote details (1)
@researchgeek ·
It really is!
properties (22)
post_id50,209,431
authorresearchgeek
permlinkre-bankthecrypto-re-dragosroua-market-snapshot-may-25th-2018-20180525t084748068z
categorysteemit
json_metadata"{"app": "steemit/0.1", "tags": ["steemit"]}"
created2018-05-25 08:47:48
last_update2018-05-25 08:47:48
depth2
children0
net_rshares0
last_payout2018-06-01 08:47:48
cashout_time1969-12-31 23:59:59
total_payout_value0.000 SBD
curator_payout_value0.000 SBD
pending_payout_value0.000 SBD
promoted0.000 SBD
body_length13
author_reputation9,096,805,076,605
root_title"Market Snapshot - May 25th 2018"
beneficiaries[]
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000
@tomilolafadipe · (edited)
Finally we see a kind of movement in sbd towards the peg. This is great for Steem even though we can’t see the progression yet.

Thank you for your usual update.
properties (22)
post_id50,208,918
authortomilolafadipe
permlinkre-dragosroua-market-snapshot-may-25th-2018-20180525t084248200z
categorysteemit
json_metadata"{"app": "steemit/0.1", "tags": ["steemit"]}"
created2018-05-25 08:42:51
last_update2018-05-25 08:44:54
depth1
children0
net_rshares0
last_payout2018-06-01 08:42:51
cashout_time1969-12-31 23:59:59
total_payout_value0.000 SBD
curator_payout_value0.000 SBD
pending_payout_value0.000 SBD
promoted0.000 SBD
body_length161
author_reputation14,565,766,155,244
root_title"Market Snapshot - May 25th 2018"
beneficiaries[]
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000
@yungchief ·
EOS moved a bit from $11   to $12. Steem amazes me, its holding steadfast and having a bit fluctuation and doesn't want to lose that mark. I have given up on SBD, its obvious SBD is heading towards the peg. Thanks for the stats
properties (22)
post_id50,208,961
authoryungchief
permlinkre-dragosroua-market-snapshot-may-25th-2018-20180525t084309723z
categorysteemit
json_metadata"{"app": "steemit/0.1", "tags": ["steemit"]}"
created2018-05-25 08:43:15
last_update2018-05-25 08:43:15
depth1
children0
net_rshares0
last_payout2018-06-01 08:43:15
cashout_time1969-12-31 23:59:59
total_payout_value0.000 SBD
curator_payout_value0.000 SBD
pending_payout_value0.000 SBD
promoted0.000 SBD
body_length227
author_reputation17,737,356,253,670
root_title"Market Snapshot - May 25th 2018"
beneficiaries[]
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000
@abdulmanan ·
Eos was at 10$ and now it is on 12 $, good signs.
πŸ‘  
properties (23)
post_id50,209,080
authorabdulmanan
permlinkre-dragosroua-market-snapshot-may-25th-2018-20180525t084423025z
categorysteemit
json_metadata"{"app": "steemit/0.1", "tags": ["steemit"]}"
created2018-05-25 08:44:24
last_update2018-05-25 08:44:24
depth1
children0
net_rshares973,333,268
last_payout2018-06-01 08:44:24
cashout_time1969-12-31 23:59:59
total_payout_value0.000 SBD
curator_payout_value0.000 SBD
pending_payout_value0.000 SBD
promoted0.000 SBD
body_length49
author_reputation46,773,514,128,719
root_title"Market Snapshot - May 25th 2018"
beneficiaries[]
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000
author_curate_reward""
vote details (1)
@researchgeek ·
$0.17
I think the DOJs launch on investigating Bitcoin price manipulation contributed to the decline.

Good news though. Coinbase acquired Paradex to progress ICO offerings mainly for ERC20 tokens. My guess is when ERC20 tokens are listed under coinbase, that will increase the value of certain coins. I just don’t know the type of ERC20 tokens that Paradex offers
πŸ‘  ,
properties (23)
post_id50,209,314
authorresearchgeek
permlinkre-dragosroua-market-snapshot-may-25th-2018-20180525t084648332z
categorysteemit
json_metadata"{"app": "steemit/0.1", "tags": ["steemit"]}"
created2018-05-25 08:46:48
last_update2018-05-25 08:46:48
depth1
children0
net_rshares44,838,171,386
last_payout2018-06-01 08:46:48
cashout_time1969-12-31 23:59:59
total_payout_value0.145 SBD
curator_payout_value0.023 SBD
pending_payout_value0.000 SBD
promoted0.000 SBD
body_length358
author_reputation9,096,805,076,605
root_title"Market Snapshot - May 25th 2018"
beneficiaries[]
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000
author_curate_reward""
vote details (2)
@hairy ·
Market Situation is not understandable, up down ,up down.
Can't predict anything at this phase.
πŸ‘  
properties (23)
post_id50,211,263
authorhairy
permlinkre-dragosroua-market-snapshot-may-25th-2018-20180525t090508925z
categorysteemit
json_metadata"{"app": "steemit/0.1", "tags": ["steemit"]}"
created2018-05-25 09:05:09
last_update2018-05-25 09:05:09
depth1
children0
net_rshares370,816,468
last_payout2018-06-01 09:05:09
cashout_time1969-12-31 23:59:59
total_payout_value0.000 SBD
curator_payout_value0.000 SBD
pending_payout_value0.000 SBD
promoted0.000 SBD
body_length95
author_reputation49,481,680,921,551
root_title"Market Snapshot - May 25th 2018"
beneficiaries[]
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000
author_curate_reward""
vote details (1)
@wa2qr ·
Another day of continuing the downward trend of most of the markets. Steem is also on the low, but SMT launch is close. And also EOS is performing well  presently.
properties (22)
post_id50,213,531
authorwa2qr
permlinkre-dragosroua-market-snapshot-may-25th-2018-20180525t092703004z
categorysteemit
json_metadata"{"community": "busy", "tags": ["steemit"], "app": "busy/2.4.0"}"
created2018-05-25 09:27:06
last_update2018-05-25 09:27:06
depth1
children0
net_rshares0
last_payout2018-06-01 09:27:06
cashout_time1969-12-31 23:59:59
total_payout_value0.000 SBD
curator_payout_value0.000 SBD
pending_payout_value0.000 SBD
promoted0.000 SBD
body_length163
author_reputation5,168,128,856,326
root_title"Market Snapshot - May 25th 2018"
beneficiaries[]
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000
@hms818 ·
$0.25
Looks like market is stabilizing now!
πŸ‘  
properties (23)
post_id50,222,023
authorhms818
permlinkre-dragosroua-market-snapshot-may-25th-2018-20180525t104600790z
categorysteemit
json_metadata"{"tags": ["steemit"], "app": "steemit/0.1"}"
created2018-05-25 10:46:03
last_update2018-05-25 10:46:03
depth1
children0
net_rshares66,117,099,174
last_payout2018-06-01 10:46:03
cashout_time1969-12-31 23:59:59
total_payout_value0.189 SBD
curator_payout_value0.061 SBD
pending_payout_value0.000 SBD
promoted0.000 SBD
body_length37
author_reputation11,510,948,505,908
root_title"Market Snapshot - May 25th 2018"
beneficiaries[]
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000
author_curate_reward""
vote details (1)
@coin.info ·
**Coins mentioned in post:**

Coin | | Price (USD) | πŸ“ˆ 24h | πŸ“‰ 7d
- | - | - | - | -
**BTC** | Bitcoin | 7554.190$ | _1.12%_ | _-8.72%_
**EOS** | EOS | 12.622$ | _3.58%_ | _-2.67%_
**SBD** | Steem Dollars | 1.862$ | _-0.12%_ | _-17.7%_
**STEEM** | Steem | 2.680$ | _-3.0%_ | _-12.75%_
properties (22)
post_id50,371,141
authorcoin.info
permlinkre-dragosroua-market-snapshot-may-25th-2018-20180526t112240342z
categorysteemit
json_metadata"{"format": "markdown", "app": "coininfo/1.0.0"}"
created2018-05-26 11:22:39
last_update2018-05-26 11:22:39
depth1
children0
net_rshares0
last_payout2018-06-02 11:22:39
cashout_time1969-12-31 23:59:59
total_payout_value0.000 SBD
curator_payout_value0.000 SBD
pending_payout_value0.000 SBD
promoted0.000 SBD
body_length283
author_reputation133,181,666,357
root_title"Market Snapshot - May 25th 2018"
beneficiaries[]
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000