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Bitcoin Experienced A Minor Recovery And Traded Close To The $60k Mark.

By May 3, 20242 minute read

The price of Bitcoin is $59,162.13 There was a 1.79% increase in its price in the last 24 hours. The 7-day Bitcoin is down by 7.71%.

Ethereum (ETH) is currently trading at $2,975.53. There has been a decrease of 0.09% in its price in the last 24 hours. The 7-day ETH is down by 4.76%.

The Exponential Moving Average for a 10-day EMA indicates β€œSell” at 61453, and a 200-day EMA indicates β€œBuy” at 52104. The Simple Moving Average for a 10-day SMA indicates β€œSell” at 61994 and a 200-day SMA indicates β€œBuy” at 49640.

The Ichimoku Base Line, valued at 64628, continues to be neutral. The Hull Moving Average indicates β€œBuy” at 57905, and the Volume Weighted Average indicates β€œSell” at 63010. 

The Relative Strength Index (14) sits at 36, indicating β€œNeutral”. The Stochastic %K (14, 3, 3) at 22 indicates β€œNeutral,” and the Average Directional Index (14) at 31 indicates a β€œNeutral” outlook.

The MACD Level (12, 26), at -1786, indicates β€œSell”. The Stochastic RSI Fast (3, 3, 14, 14) at 11  indicates β€˜Neutral’, and William’s Percentage at -76 indicates β€˜Neutral’.

As of 06:00 PM, 03rd May 2024, on WazirX, Bitcoin’s current price is β‚Ή53,40,501. Its price has increased by 0.91% in the last 24 hours. In the past seven days, Bitcoin has decreased by 6.24%.

Ethereum (ETH) is trading at β‚Ή2,68,270, down by 2.53% in the last 24 hours. The 7-day ETH is down 3.68%.

The top gainers on WazirX include Tellor (TRB), LeverFI (LEVER), and Arweave (AR), with price increases of 42.13%, 18.29%, and 14.17%, respectively.

However, the tokens that underperformed comprised SKALE Network (SKL), Golem (GLM), and Woo Network (WOO), with a price decrease of 10.39%, 10.19%, and 9.06%, respectively.

Shiba Inu (SHIB) saw a price decrease of 0.14% and is now priced at β‚Ή0.002080. Dogecoin (DOGE) saw an increase of 0.18% and is now priced at β‚Ή12.2099.

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