Skip to main content

Historical Trends Indicate BTC’s Price To Peak Post-Halving; Currently Consolidating Around $70,000.

By April 1, 20242 minute read

The price of Bitcoin is $70,757.96. There was a 1.34% increase in its price in the last 24 hours. The 7-day Bitcoin is up by 5.83%.

Ethereum (ETH) is currently trading at $3,608.81. There has been an increase of 2.33% in its price in the last 24 hours. The 7-day ETH is up by 4.85%.

The Exponential Moving Average for a 10-day EMA indicates “Buy” at 69533, and a 200-day EMA indicates “Buy” at 47299. The Simple Moving Average for a 10-day SMA indicates “Buy” at 69293, and a 200-day SMA indicates “Buy” at 43561.

The Ichimoku Base Line, valued at 67277, continues to be neutral. The Hull Moving Average indicates “Sell” at 70889, and the Volume Weighted Average indicates “Buy” at 68065. 

The Relative Strength Index (14) sits at 59, indicating “Neutral”. The Stochastic %K (14, 3, 3) at 89 indicates “Neutral,” and the Average Directional Index (14) at 23 indicates a “Neutral” outlook.

The MACD Level (12, 26), at 2118, indicates “Sell”. The Stochastic RSI Fast (3, 3, 14, 14) at 90  indicates ‘Neutral’, and William’s Percentage at -9 indicates ‘Sell’.

As of 11:30 AM, 01st April 2024, on WazirX, Bitcoin’s current price is ₹59,39,520. Its price has decreased by almost 0.72% in the last hour and 1.21% in the last 24 hours. In the past seven days, Bitcoin has increased by 2.54%.

Ethereum (ETH) is trading at ₹3,04,999, down by 0.35% in the last hour and down by 1.27% in the last 24 hours. The 7-day ETH is up 0.78%.

The top gainers on WazirX include Jito (JTO), Yield Guild Games (YGG), and Theta Fuel (TFUEL), with price increases of 19.32%, 16.12%, and 14.23%, respectively.

However, the tokens that underperformed comprised Contentos (COS), Komodo (KMD), and Conflux (CFX), with a price decrease of 18.6%, 10.87%, and 10.37%, respectively.

Shiba Inu (SHIB) saw a price decrease of 3% and is now priced at ₹0.002520. Dogecoin (DOGE) saw a decrease of 2.17% and is now priced at ₹17.5700.

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.
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.