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Prices Of Key Tokens Rallied; Bitcoin Surpassed $35,000, Reaching A 17-Month High

By November 2, 20232 minute read

The current price of Bitcoin (BTC) is $35,640.75, with an almost 0.01% decrease in the last hour. There was an increase of 3.69% in its price in the last 24 hours. The 7-day Bitcoin was up by 2.52%.

Ethereum (ETH) is currently trading at $1,863.96, with an almost 0.51% increase in the last hour. There has been a 3.08% increase in its price in the last 24 hours. The 7-day ETH has been up by 3.07%.

The Exponential Moving Average for 10-days and 200-days indicate a “Buy” sentiment at 34146 and 27916, respectively. Similarly, the Simple Moving Average for 10-day and 200-day SMA indicate a “Buy” at 34552 and 28323, respectively. Exponential and Simple Moving Averages show a “Buy” sentiment.

The Ichimoku Base Line, valued at 31251, shows a “Neutral” sentiment for quite a long time, whereas the Hull Moving Average indicates a “Buy” signal at 35447. The Volume Weighted Moving Average at 32051 showed a “Buy” signal.

Major market oscillators point toward a “Neutral” sentiment. The Relative Strength Index (14), one of the key indicators, sits at 86, with a sell indicator. The Stochastic %K (14, 3, 3) and the Average Directional Index (14) are at 96 and 59, respectively, further indicating a “Neutral” market.

The MACD Level (12, 26) at 2035 indicates a “Buy.” The Stochastic RSI Fast (3, 3, 14, 14) is at 83 with a “Neutral” indicator, while the Williams Percent Range (14) at −2 signals “Neutral.”

As of 09:45 AM, 02nd November 2023, on WazirX, Bitcoin’s current price is ₹30,55,179, with an almost 2.91% increase in the last hour. There was a 3.39% increase in its price in the last 24 hours. In the past 7 days, Bitcoin was up by 2.52%.

Ethereum (ETH) is trading at ₹1,62,000, with an increase of 3.18% in the last hour. There was an increase of 2.21% in the last 24 hours. The 7-day ETH is up by 2.71%.

The top gainers on WazirX include SushiSwap (SUSHI), Alchemy Pay (ACH), and Solana (SOL), with price increases of 52.81%, 20.74%, and 19.96%, respectively.

However, the tokens that underperformed comprised DeXe (DEXE), Venus (XVS), and Tomochain (TOMO), with a price decrease of 6.91%, 6.38%, and 4.9%, respectively.

Shiba Inu (SHIB) saw a price increase of 2.8% and is now priced at ₹0.000697. Dogecoin (DOGE) saw a decrease of 3.53% and is now priced at ₹6.796.

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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