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BTC Bounced Back To $25k Mark; SHIB & DOGE Down By 2.5%

By June 15, 20232 minute read

The current price of Bitcoin (BTC) is $25,146.70, with an almost 0.06% decrease in the last hour. There was a decrease of 3.39% in its price in the last 24 hours. The 7-day Bitcoin was down by 4.32%.

Ethereum (ETH) is currently trading at $1,649.66, with an almost 0.18% decrease in the last hour. There has been a 5.49% decrease in its price in the last 24 hours. The 7-day ETH has been down by 9.84%.

The Exponential Moving Average for 10-days and 200-days indicate “Sell” at 25887 and 25291, respectively. Similarly, the Simple Moving Average for 10-days and 200-day SMA both indicate a “Sell” and “Buy” at 26039 and 23731, respectively. Simple moving averages show a strong mixture of “Sell” and “Buy” sentiments.

The Ichimoku Base Line, valued at 26636, shows a “Neutral” sentiment for quite a long time, whereas the Hull Moving Average indicates a “Sell” signal at 25224. The Volume Weighted Moving Average at 26555 showed a “Sell” signal.

Major market oscillators point toward a “Neutral” sentiment. The Relative Strength Index (14), one of the key indicators, sits at 36, with a neutral outlook. The Stochastic %K (14, 3, 3) and the Average Directional Index (14) is at 15 and 29, respectively, further indicating a “Neutral” market.

The MACD Level (12, 26) at -509 indicates a “Sell.” The Stochastic RSI Fast (3, 3, 14, 14) is at 13 with a “Neutral” indicator, while the Williams Percent Range (14) at −91 signals “Neutral.”

As of 10:00 AM, 15th June 2023, on WazirX, Bitcoin’s current price is ₹22,42,917, with an almost 3.59% decrease in the last hour. There was a 2.92% decrease in its price in the last 24 hours. In the past 7 days, Bitcoin was down by 5.92%.

Ethereum (ETH) is trading at ₹1,47,999, with a decrease of 4.6% in the last hour. There was a decrease of 4.52% in the last 24 hours. The 7-day ETH is down by 7.31%.

The top gainers on WazirX include Maker (MKR), Quant (QNT), and Bob (BOB), with price increases of 14.68%, 13.67%, and 11.87%, respectively.

However, the tokens that underperformed comprised Toko Token (TKO), MyNeighborAlice (ALICE), and QuickSwap (QUICK), with a price decrease of 11.17%, 10.34%, and 9.04%, respectively.

Shiba Inu (SHIB) saw a price decrease of 2.57% and is now priced at ₹0.000606. Dogecoin (DOGE) saw a decrease of 2.58% and is now priced at ₹5.4000.

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.
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