Skip to main content

BTC’s Moving Averages Show A “Buy” Sentiment; ICX Token Rose By 50%

By April 5, 2023April 6th, 20232 minute read

As of now, the current price of Bitcoin (BTC) is $28,903.66, with an almost 0.50% decrease in the last hour. There was an increase of 2.14% in its price in the last 24 hours. The 7-day Bitcoin was up by 3.65%.

Ethereum (ETH) is currently trading at $1,893, with an almost 0.29% decrease in the last hour. There has been a 5.58% increase in its price in the last 24 hours. The 7-day ETH has been up by 7.28%.

The Exponential Moving Average for 10-days and 200-days indicates “Buy” at 28039.57 and 22959.61, respectively. Similarly, the Simple Moving Average for 10-days and 200-day SMA indicates a “Buy” at 28045.50 and 20556.22, respectively. Both moving averages strongly show the “Buy” markets.

The Ichimoku Base Line, valued at 24636.50, remains neutral, whereas the Hull Moving Average indicates a “Buy” signal at 28180.23. The Volume Weighted Moving Average at 27767.30 showed a “Buy” signal.

Major market indicators point towards a “Neutral” sentiment. The Relative Strength Index (14), one of the key indicators, sits at 62.32, with a neutral outlook. The Stochastic %K (14, 3, 3) and the Average Directional Index (14) is at 57.18 and 35.95, respectively, further indicating a neutral market.

The MACD Level (12, 26), at 1013.66, indicates a “Sell.” The Stochastic RSI Fast (3, 3, 14, 14) is at 19.03 with a “Neutral” indicator, while the Williams Percent Range (14) at −30.96 signals “Neutral.”

As of 9:00 AM, 05th April 2023, on WazirX, Bitcoin’s current price is ₹24,40,008, with an almost 1.24% increase in the last hour. There was a 1.03% increase in its price in the last 24 hours. In the past 7 days, Bitcoin was down by 0.71%.

Ethereum (ETH) is trading at ₹1,60,563, with an increase of 2.92% in the last hour. There was an increase of 4.46% in the last 24 hours. The 7-day ETH is up by 4.21%.

The top gainers on WazirX include Icon (ICX), 0x Protocol (ZRX), and Spell Token (SPELL), with a price increase of 50.06%, 21.94%, and 20.29%, respectively.

However, the tokens that underperformed comprised Celo (CELO), Ontology (ONT), and Toko Token (TKO), with a price decrease of 10.12%, 6.74%, and 4.15%, respectively.

Shiba Inu (SHIB) saw a price increase of 0.62% and is now priced at ₹0.000966. Dogecoin (DOGE) saw a decrease of 1.32% and is now priced at ₹8.1405.

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.