Skip to main content

BTC And ETH Are Up, With Major Oscillators Indicating A “Neutral” Sentiment

By March 24, 20232 minute read

As of now, the current price of Bitcoin (BTC) is $28,389.03, with an almost 0.44% decrease in the last hour. There was an increase of 1.52% in its price in the last 24 hours. The 7-day Bitcoin was up by 9.26%.

Ethereum (ETH) is currently trading at $1,839.97, with an almost 0.35% decrease in the last hour. There has been a 4.17% increase in its price in the last 24 hours. The 7-day ETH has been up by 5.96%.

The Exponential Moving Average for 10-days and 200-days indicates “Buy” at 27000.56 and 22323.54, respectively. Similarly, the Simple Moving Average for 10-days and 200-day SMA indicates a “Buy” at 27181.70 and 20103.53, 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 28283.25. The Volume Weighted Moving Average at 24715.04 showed a “Buy” signal.

Major market indicators point towards a “Neutral” sentiment. The Relative Strength Index (14), one of the key indicators, sits at 67.80, with a neutral outlook. The Stochastic %K (14, 3, 3) and the Average Directional Index (14) is at 89.53 and 35.98, respectively, further indicating a neutral market.

The MACD Level (12, 26), at 1465.10, indicates a “Buy.” The Stochastic RSI Fast (3, 3, 14, 14) is at 87.56 with a “Neutral” indicator, while the Williams Percent Range (14) at −7.83 signals “Sell.”

As of 09:00 AM, 24th March 2023, on WazirX, Bitcoin’s current price is ₹24,24,099, with an almost 1.21% increase in the last hour. There was a 1.33% increase in its price in the last 24 hours. In the past 7 days, Bitcoin was up by 1.85%.

Ethereum (ETH) is trading at ₹1,54,805.3, with an increase of 2.1% in the last hour. There was an increase of 2.96% in the last 24 hours. The 7-day ETH is down by 1.71%.

The top gainers on WazirX include Nervos Network (CKB), Decred (DCR), and Celer Network (CELR), with a price increase of 14.23%, 12.35%, and 11.62%, respectively.

However, the tokens that underperformed comprised Paxos Gold (PAXG), DODO (DODO), and Cocos-BCX (COCOS), with a price decrease of 6.18%, 3.01%, and 2.71%, respectively.

Shiba Inu (SHIB) saw a price increase of 1.07% and is now priced at ₹0.000936. Dogecoin (DOGE) saw an increase of 1.97% and is now priced at ₹6.6232.

Disclaimer: Click Here to read the Disclaimer.
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.