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BTC Has Been The Focal Point, Yet ETH Is Positioned For Substantial Growth In 2024.

By March 8, 20242 minute read

The price of Bitcoin is $67,605.65. There was a 1.54% increase in its price in the last 24 hours. The 7-day Bitcoin is up by 10.27%.

Ethereum (ETH) is currently trading at $3,933.61. There has been an increase of 3.13% in its price in the last 24 hours. The 7-day ETH is up by 16.38%.

The Exponential Moving Average for a 10-day EMA indicates β€œBuy” at 63731, and a 200-day EMA indicates β€œBuy” at 41490. The Simple Moving Average for a 10-day SMA indicates β€œBuy” at 64383, and a 200-day SMA indicates β€œBuy” at 38447.

The Ichimoku Base Line, valued at 58465, continues to be neutral. The Hull Moving Average indicates β€œSell” at 67422, and the Volume Weighted Average indicates β€œBuy” at 60409. 

The Relative Strength Index (14) sits at 74, indicating β€œNeutral”. The Stochastic %K (14, 3, 3) at 87 indicates β€œNeutral,” and the Average Directional Index (14) at 53 indicates a β€œNeutral” outlook.

The MACD Level (12, 26), at 4938, indicates β€œBuy”. The Stochastic RSI Fast (3, 3, 14, 14) at 35  indicates β€˜Neutral’, and William’s Percentage at -11 indicates β€˜Neutral’.

As of 12:15 AM, 08th March 2024, on WazirX, Bitcoin’s current price is β‚Ή57,45,000. Its price has increased by almost 1.58% in the last hour and 1.28% in the last 24 hours. In the past seven days, Bitcoin has increased by 9.23%.

Ethereum (ETH) is trading at β‚Ή3,33,980, up 3.31% in the last hour and 3.39% in the last 24 hours. The 7-day ETH is up 15.21%.

The top gainers on WazirX include DeXe (DEXE), Floki (FLOKI), and Vulcan Forged PYR (PYR), with price increases of 78.72%, 46.13%, and 40.41%, respectively.

However, the tokens that underperformed comprised Civic (CVC), FTX Token (FTT), and Fetch.AI (FET), with a price decrease of 6.68%, 6.5%, and 4.52%, respectively.

Shiba Inu (SHIB) saw a price increase of 7.37% and is now priced at β‚Ή0.002825. Dogecoin (DOGE) saw an increase of 7.23% and is now priced at β‚Ή13.8908.

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