As of now, the current price of Bitcoin (BTC) is $29,287.93, with an almost 0.09% decrease in the last hour. There was an increase of 0.78% in its price in the last 24 hours. The 7-day Bitcoin was down by 0.10%.
Ethereum (ETH) is currently trading at $1,899.70, with an almost 0.12% increase in the last hour. There has been a 0.22% decrease in its price in the last 24 hours. The 7-day ETH has been down by 0.30%.
The Exponential Moving Average for 10-days and 200-days indicate a “Buy” at 28886 and 24509, respectively. Similarly, the Simple Moving Average for 10-days and 200-day SMA indicates a “Buy” at 28966 and 21998, respectively. Both moving averages strongly show a “Buy” sentiment.
The Ichimoku Base Line, valued at 29008, shows a “Neutral” sentiment for quite a long time, whereas the Hull Moving Average indicates a “Buy” signal at 28909. The Volume Weighted Moving Average at 28706 showed a “Buy” signal.
Major market oscillators point toward a “Neutral” sentiment. The Relative Strength Index (14), one of the key indicators, sits at 55, with a neutral outlook. The Stochastic %K (14, 3, 3) and the Average Directional Index (14) is at 68 and 20, respectively, further indicating a “Neutral” market.
The MACD Level (12, 26) at 186 indicates a “Sell.” The Stochastic RSI Fast (3, 3, 14, 14) is at 74 with a “Neutral” indicator, while the Williams Percent Range (14) at −24 signals “Neutral.”
As of 10:00 AM, 05th May 2023, on WazirX, Bitcoin’s current price is ₹25,22,008, with an almost 0.27% decrease in the last hour. There was a 0.60% increase in its price in the last 24 hours. In the past 7 days, Bitcoin was down by 0.16%.
Ethereum (ETH) is trading at ₹1,63,404, with a decrease of 0.54% in the last hour. There was a decrease of 0.55% in the last 24 hours. The 7-day ETH is down by 0.73%.
The top gainers on WazirX include Decred (DCR), IDEX (IDEX), and Orchid (OXT), with a price increase of 13.63%, 12.14%, and 6.87%, respectively.
However, the tokens that underperformed comprised Arweave (AR), Gala (GALA), and Icon (ICX), with a price decrease of 10.72%, 9.78%, and 9.73%, respectively.
Shiba Inu (SHIB) saw a price decrease of 1.35% and is now priced at ₹0.000876. Dogecoin (DOGE) saw a decrease of 0.44% and is now priced at ₹6.8697.
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.
