BTC And ETH Are In Red; DOGE Is Down By 4.5%

By March 23, 20232 minute read

As of now, the current price of Bitcoin (BTC) is $27,547.62, with an almost 0.67% increase in the last hour. There was a decrease of 1.35% in its price in the last 24 hours. The 7-day Bitcoin was up by 14.30%.

Ethereum (ETH) is currently trading at $1,757.29, with an almost 0.23% increase in the last hour. There has been a 3.99% decrease in its price in the last 24 hours. The 7-day ETH has been up by 5.59%.

The Exponential Moving Average for 10-days and 200-days indicates “Buy” at 26554.29 and 22254.69, respectively. Similarly, the Simple Moving Average for 10-days and 200-day SMA indicates a “Buy” at 26738.40 and 20056.59, respectively. Both moving averages strongly show “Buy” markets.

The Ichimoku Base Line, valued at 24252.50, remains neutral, whereas the Hull Moving Average indicates a “Sell” signal at 28059.34. The Volume Weighted Moving Average at 24516.52 showed a “Buy” signal.

Major market indicators point towards a “Neutral” sentiment. The Relative Strength Index (14), one of the key indicators, sits at 65.32, with a neutral outlook. The Stochastic %K (14, 3, 3) and the Average Directional Index (14) is at 87.35 and 35.46, respectively, further indicating a neutral market.

The MACD Level (12, 26), at 1347.56, indicates a “Buy.” The Stochastic RSI Fast (3, 3, 14, 14) is at 88.31 with a “Neutral” indicator, while the Williams Percent Range (14) at −16.47 signals “Neutral.” 

As of 09:15 AM, 23rd March 2023, on WazirX, Bitcoin’s current price is ₹23,95,102, with an almost 2.61% decrease in the last hour. There was a 1.47% decrease in its price in the last 24 hours. In the past 7 days, Bitcoin was up by 1.58%.

Ethereum (ETH) is trading at ₹1,51,701.1, with a decrease of 2.21% in the last hour. There was a decrease of 2.23% in the last 24 hours. The 7-day ETH is down by 0.45%.

The top gainers on WazirX include Litecoin (LTC), Celer Network (CELR), and iExecRLC (RLC), with a price increase of 5.59%, 5.28%, and 4.73%, respectively.

However, the tokens that underperformed comprised Biconomy (BICO), NKN (NKN), and MOBOX (MBOX), with a price decrease of 8.53%, 8.53%, and 7.87%, respectively.

Shiba Inu (SHIB) saw a price decrease of 2.31% and is now priced at ₹0.000928. Dogecoin (DOGE) saw a decrease of 4.53% and is now priced at ₹6.3892.

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.
Participate in the Indian Crypto Movement. Share:

Leave a Reply

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

WazirX NewsLetter


What do you get?

● Blockchain & Crypto specific news, updates, tips, contest alerts and more.

● Insights about what is happening at WazirX.

● One email per week. No spamming - We promise!