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Fed Reserve’s Waller’s Dovish Remarks Fosters A Positive Market Sentiment

By November 29, 20232 minute read

The current price of Bitcoin (BTC) is $38,000.42, with an almost 0.11% increase in the last hour. There was an increase of 2.16% in its price in the last 24 hours. The 7-day Bitcoin was up by 4.53%.

Ethereum (ETH) is currently trading at $2,053.18, with an almost 0.04% increase in the last hour. There has been a 1.09% increase in its price in the last 24 hours. The 7-day ETH has been up by 3.82%.

The Exponential Moving Average for 10-days and 200-days indicate a “Buy” sentiment at 37449 and 29995, respectively. Similarly, the Simple Moving Average for 10-day and 200-day SMA indicate a “Buy” at 37406 and 29995, respectively. Exponential and Simple Moving Averages show “Buy” sentiments.

The Ichimoku Base Line, valued at 36466, shows a “Neutral” sentiment for quite a long time, whereas the Hull Moving Average indicates a “Buy” signal at 37758. The Volume Weighted Moving Average at 37055 showed a “Buy” signal.

Major market oscillators point toward a “Neutral” sentiment. The Relative Strength Index (14), one of the key indicators, sits at 62, with a neutral indicator. The Stochastic %K (14, 3, 3) and the Average Directional Index (14) are at 77 and 48, respectively, further indicating a “Neutral” market.

The MACD Level (12, 26) at 944 indicates a “Sell.” The Stochastic RSI Fast (3, 3, 14, 14) is at 46 with a “Neutral” indicator, while the Williams Percent Range (14) at −15 signals “Neutral.”

As of 09:30 AM, 29th November 2023, on WazirX, Bitcoin’s current price is ₹33,51,979, with an almost 1.71% increase in the last hour. There was a 1.41% increase in its price in the last 24 hours. In the past 7 days, Bitcoin was up by 4.32%.

Ethereum (ETH) is trading at ₹1,78,527, with a decrease of 0.7% in the last hour. There was an increase of 1.14% in the last 24 hours. The 7-day ETH is up by 3.79%.

The top gainers on WazirX include Alpaca Finance (ALPACA), Stacks (STX), and Helium (HNT), with price increases of 11.93%, 10.59%, and 10.05%, respectively.

However, the tokens that underperformed comprised Cortex (CTXC), Zcash (ZEC), and MyNeighborAlice (ALICE), with a price decrease of 7.17%, 6.98%, and 5.71%, respectively.

Shiba Inu (SHIB) saw a price increase of 0.68% and is now priced at ₹0.000730. Dogecoin (DOGE) saw an increase of 2.03% and is now priced at ₹7.0024.

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