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Bitcoin (BTC) Closed Its Strongest Month With A Remarkable 44% Gain In February.

By March 1, 20242 minute read

The price of Bitcoin is $56,965.32. There was a 0.75% increase in its price in the last 24 hours. The 7-day Bitcoin is up by 9.44%.

Ethereum (ETH) is currently trading at $3,247.79. There has been an increase of 0.25% in its price in the last 24 hours. The 7-day ETH is up by 8.02%.

The Exponential Moving Average for a 10-day EMA indicates β€œBuy” at 53522, and a 200-day EMA indicates β€œBuy” at 39255. The Simple Moving Average for a 10-day SMA indicates β€œBuy” at 52981, and a 200-day SMA indicates β€œBuy” at 36751.

The Ichimoku Base Line, valued at 49929, continues to be neutral. The Hull Moving Average indicates β€œBuy” at 56594. The Volume Weighted Average indicates β€œBuy” at 51732. 

The Relative Strength Index (14) sits at 81, indicating β€œSell”. The Stochastic %K (14, 3, 3) at 93 and the Average Directional Index (14) at 38 indicate a β€œNeutral” outlook.

The MACD Level (12, 26), at 2625, indicates β€œBuy”. The Stochastic RSI Fast (3, 3, 14, 14) at 88  indicates β€˜Neutral’, and William’s Percentage at -9 indicates β€˜Sell’.

As of 10:30 AM, 01st March 2024, on WazirX, Bitcoin’s current price is β‚Ή53,19,900, with an almost 1.47% decrease in the last hour. There was a 2.20% decrease in its price in the last 24 hours. In the past 7 days, Bitcoin was up by 20.23%.

Ethereum (ETH) is trading at β‚Ή2,92,000, with a decrease of 1.63% in the last hour. There was a decrease of 2.34% in the last 24 hours. The 7-day ETH is up by 14.61%.

The top gainers on WazirX include Spell Token (SPELL), Yield Guild Games (YGG), and Bitgert (BRISE), with price increases of 46.63%, 32.07%, and 24.08%, respectively.

However, the tokens that underperformed comprised Pepe (PEPE), Bob (BOB), and Lido DAO (LDO), with a price decrease of 14.71%, 14.22%, and 9.55%, respectively.

Shiba Inu (SHIB) saw a price decrease of 3.16% and is now priced at β‚Ή0.001100. Dogecoin (DOGE) saw a decrease of 4.14% and is now priced at β‚Ή10.4000.

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