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BTC Stays Around $28k & HIFI Rose By 45% In Past 24 Hrs

By April 21, 20232 minute read

As of now, the current price of Bitcoin (BTC) is $28,286.31, with an almost 0.14% increase in the last hour. There was a decrease of 1.84 in its price in the last 24 hours. The 7-day Bitcoin was down by 8.11%.

Ethereum (ETH) is currently trading at $1,948.86, with an almost 0.27% increase in the last hour. There has been a 0.24% increase in its price in the last 24 hours. The 7-day ETH has been down by 7.67%.

The Exponential Moving Average for 10-days and 200-days indicates a combination of “Sell” and “Buy” at 29171 and 23896, respectively. Similarly, the Simple Moving Average for 10-days and 200-day SMA indicates a “Sell” and “Buy” at 29664 and 21361, respectively. Both moving averages strongly show a mixture of “Sell” and “Buy” markets.

The Ichimoku Base Line, valued at 28788, remains neutral, whereas the Hull Moving Average indicates a “Sell” signal at 28302. The Volume Weighted Moving Average at 29224 showed a “Sell” signal.

Major market indicators point towards a “Neutral” sentiment. The Relative Strength Index (14), one of the key indicators, sits at 48, with a neutral outlook. The Stochastic %K (14, 3, 3) and the Average Directional Index (14) is at 20 and 34, respectively, further indicating a neutral market.

The MACD Level (12, 26), at 550, indicates a “Sell.” The Stochastic RSI Fast (3, 3, 14, 14) is at 0 with a “Neutral” indicator, while the Williams Percent Range (14) at −87 signals “Neutral.”

As of 9:00 AM, 21st April 2023, on WazirX, Bitcoin’s current price is ₹24,92,998, with an almost 1.7% decrease in the last hour. There was a 3.5% decrease in its price in the last 24 hours. In the past 7 days, Bitcoin was down by 6.27%.

Ethereum (ETH) is trading at ₹1,69,933, with an increase of 1.37% in the last hour. There was a decrease of 1.55% in the last 24 hours. The 7-day ETH is up by 7.84%.

The top gainers on WazirX include Hifi Finance (HIFI), Ardor (ARDR), and COTI (COTI), with a price increase of 45.42%, 13.89%, and 5.8%, respectively.

However, the tokens that underperformed comprised Algorand (ALGO), Verge (XVG), and IDEX (IDEX), with a price decrease of 9.27%, 8.62%, and 8.6%, respectively.

Shiba Inu (SHIB) saw a price decrease of 1.36% and is now priced at ₹0.000941. Dogecoin (DOGE) saw a decrease of 1.87% and is now priced at ₹7.5093.

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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