Overall, the majors are down slightly since yesterday, with a market cap weighted performance of -0.58%. But the outcome was a bit mixed, in the sense that Bitcoin Cash was down -2.02% while EOS was up 0.36%. Momentum is a bit mixed across the majors, with 1 cryptocurrencies below their 20 day moving average and 6 above. Litecoin has the most bullish momentum, as it is currently 28.66% above its 20 day moving average, while Stellar is at the opposite end; it’s 7.36% below its 20 day SMA. For momentum and technical traders, we should note that Bitcoin Cash and Bitcoin and XRP are very close to their 20 SMA. Here’s a look at Bitcoin Cash and EOS — the currencies out of the crypto majors that had the best and worst performance since yesterday.
The best perfomers over the past day in the world of Ethereum tokens were gold-bits-coin, cdc-foundation, ino-coin, fundchains. Their returns in order: 899.73%, 435.85%, 413.17%, 370.76%. Here’s a chart of the top four performers since yesterday, and their performance over time.
In terms of the up/down ratio, out of the 1098 Ethereum tokens in our index, 767 were up and 323 were down for the day. Here’s a chart showing the advance/decline ratio of our Ethereum token index over time.