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BTC Is Trading Around $25k Mark, And SNX Token Rose By 20% In The Past 24 Hrs

By June 12, 20232 minute read

The current price of Bitcoin (BTC) is $25,899.39, with an almost 0.35% increase in the last hour. There was an increase of 0.30% in its price in the last 24 hours. The 7-day Bitcoin was down by 3.87%.

Ethereum (ETH) is currently trading at $1,739.18, with an almost 0.50% increase in the last hour. There has been a 0.77% decrease in its price in the last 24 hours. The 7-day ETH has been down by 7.42%.

The Exponential Moving Average for 10-days and 200-days indicate a “Sell” and “Buy” at 26348 and 25288, respectively. Similarly, the Simple Moving Average for 10-days and 200-day SMA both indicate a “Sell” and “Buy” at 26416 and 23597, respectively. Both the moving averages show a strong mixture of “Sell” and “Buy” sentiments.

The Ichimoku Base Line, valued at 26901, shows a “Neutral” sentiment for quite a long time, whereas the Hull Moving Average indicates a “Buyl” signal at 25795. The Volume Weighted Moving Average at 26717 showed a “Sell” signal.

Major market oscillators point toward a “Neutral” sentiment. The Relative Strength Index (14), one of the key indicators, sits at 41, with a neutral outlook. The Stochastic %K (14, 3, 3) and the Average Directional Index (14) is at 18 and 26, respectively, further indicating a “Neutral” market.

The MACD Level (12, 26) at -376 indicates a “Sell.” The Stochastic RSI Fast (3, 3, 14, 14) is at 27 with a “Neutral” indicator, while the Williams Percent Range (14) at −82 signals “Neutral.”

As of 09:30 AM, 12th June 2023, on WazirX, Bitcoin’s current price is ₹23,80,981, with an almost 2.04% increase in the last hour. There was a 0.29% increase in its price in the last 24 hours. In the past 7 days, Bitcoin was up by 0.13%.

Ethereum (ETH) is trading at ₹1,59,700, with a decrease of 0.18% in the last hour. There was an increase of 0.76% in the last 24 hours. The 7-day ETH is down by 0.01%.

The top gainers on WazirX include Synthetix Network Token (SNX), Theta Fuel (TFUEL), and Helium (HNT), with price increases of 19.25%, 13.33%, and 12.61%, respectively.

However, the tokens that underperformed comprised VITE (VITE), Ethereum Name Service (ENS), and Request Network (REQ), with a price decrease of 14.78%, 14.16%, and 14.07%, respectively.

Shiba Inu (SHIB) saw a price decrease of 4.84% and is now priced at ₹0.000609. Dogecoin (DOGE) saw a decrease of 4.72% and is now priced at ₹5.6005.

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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