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BTC Is Below $27k Mark, And BOB Token Saw A Dip Of 17% In Past 24 Hrs

By June 2, 20232 minute read

The current price of Bitcoin (BTC) is $26,981.30, with an almost 0.07% increase in the last hour. There was an increase of 0.67% in its price in the last 24 hours. The 7-day Bitcoin was up by 1.87%.

Ethereum (ETH) is currently trading at $1,879.16, with an almost 0.05% increase in the last hour. There has been a 1.18% increase in its price in the last 24 hours. The 7-day ETH has been up by 4.01%.

The Exponential Moving Average for 10-days and 200-days indicate a “Sell” and “Buy” at 27149 and 25168, respectively. Similarly, the Simple Moving Average for 10-days and 200-day SMA both indicate a “Sell” and “Buy” at 27092 and 23099, respectively. Both the moving averages show a strong mixture of “Sell” and “Buy” sentiments.

The Ichimoku Base Line, valued at 27234, shows a “Neutral” sentiment for quite a long time, whereas the Hull Moving Average indicates a “Sell” signal at 27110. The Volume Weighted Moving Average at 27073 showed a “Sell” signal.

Major market oscillators point toward a “Neutral” sentiment. The Relative Strength Index (14), one of the key indicators, sits at 46, with a neutral outlook. The Stochastic %K (14, 3, 3) and the Average Directional Index (14) is at 44 and 20, respectively, further indicating a “Neutral” market.

The MACD Level (12, 26) at -166 indicates a “Buy.” The Stochastic RSI Fast (3, 3, 14, 14) is at 43 with a “Neutral” indicator, while the Williams Percent Range (14) at −58 signals “Neutral.”

As of 09:30 AM, 02nd June 2023, on WazirX, Bitcoin’s current price is ₹23,50,202, with an almost 1.29% decrease in the last hour. There was a 0.53% increase in its price in the last 24 hours. In the past 7 days, Bitcoin was down by 2.73%.

Ethereum (ETH) is trading at ₹1,63,000, with an increase of 0.3% in the last hour. There was a decrease of 0.43% in the last 24 hours. The 7-day ETH is up by 1.24%.

The top gainers on WazirX include NKN (NKN), Solar (SXP), and MOBOX (MBOX), with price increases of 13.8%, 9,76%, and 8.76%, respectively.

However, the tokens that underperformed comprised Bob (BOB), Neo (NEO), and Zcash (ZEC), with a price decrease of 17.75%, 8.34%, and 6.67%, respectively.

Shiba Inu (SHIB) saw a price decrease of 0.26% and is now priced at ₹0.000751. Dogecoin (DOGE) saw a decrease of 0.01% and is now priced at ₹6.2594.

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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