Skip to main content

BTC Remains Stable; SHIB And DOGE Prices Are Down

By May 16, 20232 minute read

As of now, the current price of Bitcoin (BTC) is $27,130.07, with an almost 0.39% increase in the last hour. There was a decrease of 0.29% in its price in the last 24 hours. The 7-day Bitcoin was down by 2.05%.

Ethereum (ETH) is currently trading at $1,812.40, with an almost 0.33% increase in the last hour. There has been a 0.85% decrease in its price in the last 24 hours. The 7-day ETH has been down by 1.78%.

The Exponential Moving Average for 10-days and 200-days indicate a “Sell” and a “Buy” at 27391 and 24817, respectively. Similarly, the Simple Moving Average for 10-days and 200-day SMA indicates a “Sell” and “Buy” at 27323 and 22427, respectively. Both moving averages show a mixture of “Sell” and “Buy” sentiments.

The Ichimoku Base Line, valued at 27911, shows a “Neutral” sentiment for quite a long time, whereas the Hull Moving Average indicates a “Buy” signal at 26897. The Volume Weighted Moving Average at 28174 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 31 and 22, respectively, further indicating a “Neutral” market.

The MACD Level (12, 26) at -427 indicates a “Sell.” The Stochastic RSI Fast (3, 3, 14, 14) is at 17 with a “Neutral” indicator, while the Williams Percent Range (14) at −68 signals “Neutral.”

As of 09:00 AM, 16th May 2023, on WazirX, Bitcoin’s current price is ₹23,47,001, with an almost 0.31% decrease in the last hour. There was a 0.64% decrease in its price in the last 24 hours. In the past 7 days, Bitcoin was down by 0.17%.

Ethereum (ETH) is trading at ₹1,57,267.5, with a decrease of 0.45% in the last hour. There was an increase of 0.09% in the last 24 hours. The 7-day ETH is up by 0.17%.

The top gainers on WazirX include Iotx (IOTX), Quant (QNT), and Basic Attention Token (BAT), with a price increase of 10.43%, 8.84%, and 8.49%, respectively.

However, the tokens that underperformed comprised Injective Protocol (INJ), Gifto (GFT), and FTX Token (FTT), with a price decrease of 10.17%, 5.76%, and 5.68%, respectively.

Shiba Inu (SHIB) saw a price decrease of 1.15% and is now priced at ₹0.000772. Dogecoin (DOGE) saw a decrease of 1.82% and is now priced at ₹6.2537.

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.