CoinDesk 20 Performance Update: Index Trades Down Despite Gains from MATIC and UNI
Submitted by Anonymous (not verified) on Wed, 08/21/2024 - 17:10Polygon and Uniswap gain ground as Litecoin and others drag CoinDesk 20 index down by 0.3%.
Polygon and Uniswap gain ground as Litecoin and others drag CoinDesk 20 index down by 0.3%.
The price of Toncoin (TON) is in a sideways trend, but has started to rise after the price drop on August 5.
The Polygon Ecosystem Token (POL) price has reached a bearish exhaustion and has dropped to a low of $0.34.
Avalanche surged 6%, and NEAR followed with a 4.6% increase, as all but one asset posted gains.
The best-performing cryptocurrencies are divided into two groups.

Ethereum (ETH) has been trading below the $2,800 level, or the 21-day SMA, since August 8. Price analysis by Coinidol.com.
UNI falls 5.8% while NEAR loses 2'8% in mixed performance for CoinDesk 20's top assets.
The Bitcoin (BTC) price continues to move sideways above the current support at $57,000, but below the moving average lines.
The price of Solana (SOL) is bearish as it continues its sideways pattern.<br />
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