Top Crypto tokens have settled in a pattern which was observed through most of 2023, after a brief price rally last week. However, the recent news on the US Consumer Price Index (CPI) revealed an uptick of 0.4 percent in September.
The Exponential Moving Average for 10-day EMA indicates “Sell” at 27205 and 200-day EMA indicates “Buy” at 27017. The Simple Moving Average for 10-day SMA indicates “Sell” at 27445 and 200-day SMA indicates “Sell” at 28025.
The Ichimoku Base Line, valued at 27285, continues to be neutral. The Hull Moving Average indicates “Buy” at 26635. The Volume Weighted Moving Average indicates “Sell” at 27171.
The Relative Strength Index (14) sits at 45, with a neutral outlook. The Stochastic %K (14, 3, 3) at 16 and the Average Directional Index (14) at 21 indicate a Neutral outlook.
The MACD Level (12, 26), at 112, indicates “Sell”. The Stochastic RSI Fast (3, 3, 14, 14) is “Neutral” at 1 and William’s Percentage is “Neutral” at -88.
The top gainers on WazirX include Loom Network (LOOM), Aave (AAVE), and Mask Network (MASK), with price increases of 25.19%, 14.05%, and 11.31%, respectively.
However, the tokens that underperformed comprised Pundi X (PUNDIX), QuickSwap (QUICK), and Gifto (GFT), with a price decrease of 9.49%, 9.3%, and 7.99%, respectively.
Shiba Inu (SHIB) saw a price dincrease of 0.33% and is now priced at ₹0.000601. Dogecoin (DOGE) saw a decrease of 0.60% and is now priced at ₹5.11.
Disclaimer: Cryptocurrency is not a legal tender and is currently unregulated. Kindly ensure that you undertake sufficient risk assessment when trading cryptocurrencies as they are often subject to high price volatility. The information provided in this section doesn't represent any investment advice or WazirX's official position. WazirX reserves the right in its sole discretion to amend or change this blog post at any time and for any reasons without prior notice.
