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Prices of BTC, ETH Increased; Market Indicators Remain Neutral

By July 10, 20232 minute read

The current price of Bitcoin (BTC) is $30,159.40, with an almost 0.03% decrease in the last hour. There was a decrease of 1.05% in its price in the last 24 hours. The 7-day Bitcoin was down by 1.64%.

Ethereum (ETH) is currently trading at $1,854.73, with an almost 0.01% increase in the last hour. There has been a 0.97% decrease in its price in the last 24 hours. The 7-day ETH has been down by 4.51%.

The Exponential Moving Average for 10-days and 200-days indicate a “Sell” and a “Buy” sentiment at 30252 and 26285, respectively. Similarly, the Simple Moving Average for 10-days and 200-day SMA both indicate a “Sell” and a “Buy” at 30442 and 25322, respectively. Simple moving averages show a mixture of “Sell” and “Buy” sentiments.

The Ichimoku Base Line, valued at 28128, shows a “Neutral” sentiment for quite a long time, whereas the Hull Moving Average indicates a “Buy” signal at 30058. The Volume Weighted Moving Average at 30343 showed a “Sell” signal.

Major market oscillators point toward a “Neutral” sentiment. The Relative Strength Index (14), one of the key indicators, sits at 56, with a neutral outlook. The Stochastic %K (14, 3, 3) and the Average Directional Index (14) is at 33 and 31, respectively, further indicating a “Neutral” market.

The MACD Level (12, 26) at 619 indicates a “Sell.” The Stochastic RSI Fast (3, 3, 14, 14) is at 10 with a “Neutral” indicator, while the Williams Percent Range (14) at −72 signals “Neutral.”

As of 10:00 AM, 10th July 2023, on WazirX, Bitcoin’s current price is ₹26,11,000, with an almost 0.41% increase in the last hour. There was a 0.16% decrease in its price in the last 24 hours. In the past 7 days, Bitcoin was up by 0.42%.

Ethereum (ETH) is trading at ₹1,61,000, with an increase of 0.18% in the last hour. There was a decrease of 0.09% in the last 24 hours. The 7-day ETH is up by 0.54%.

The top gainers on WazirX include Bob (BOB), HiFi Finance (HIFI), and Compound (COMP), with price increases of 16.11%, 12.54%, and 10.53%, respectively.

However, the tokens that underperformed comprised pNetwork (PNT), MyNeighborAlice (ALICE), and Decred (DCR), with a price decrease of 11.07%, 10.41%, and 9.53%, respectively.

Shiba Inu (SHIB) saw a price decrease of 1.66% and is now priced at ₹0.000651. Dogecoin (DOGE) saw an increase of 0.18% and is now priced at ₹5.6074.

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