Overall, the majors are down slightly since yesterday, with a market cap weighted performance of -0.06%. Drilling down, we see that Stellar was down -1.9% while Litecoin was up 0.32%. If this keeps up, Stellar may need to rethink it’s name 😀 Momentum is a bit mixed across the majors, with 5 cryptocurrencies below their 20 day moving average and 2 above. Litecoin has the most bullish momentum, as it is currently 5.48% above its 20 day moving average, while Stellar is at the opposite end; it’s 17.24% below its 20 day SMA. For momentum and technical traders, we should note that Bitcoin Cash and Bitcoin and EOS are very close to their 20 SMA. Today’s featured charts are of Stellar and Litecoin, the best and worst performers over the past day.
Yesterday’s top Ethereum tokens: grape, cdc-foundation, bitxoxo, movitoken. Their returns, in order, are 2368.27%, 881.65%, 736.72%, 254.5%. Out of Ethereum tokens with a market cap of $1MM or more, the top performer was bitxoxo coming in at 736.72 %. Here’s a chart of the top four performers since yesterday, and their performance over time.
In terms of the advance/decline ratio, our index of 1085 Ethereum tokens had 411 in the green for the day and 665 down for the day. Here’s a chart showing the advance/decline ratio of our Ethereum token index over time.