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The Ripple (XRP) Lawsuit News Surged The Crypto Prices; XRP Token Saw 65% Increment

By July 14, 20232 minute read

The current price of Bitcoin (BTC) is $31,604.40, with an almost 0.48% increase in the last hour. There was an increase of 3.41% in its price in the last 24 hours. The 7-day Bitcoin was up by 4.17%.

Ethereum (ETH) is currently trading at $2,013.67, with an almost 0.02% increase in the last hour. There has been a 7.69% increase in its price in the last 24 hours. The 7-day ETH has been up by 8.52%.

The Exponential Moving Average for 10-days and 200-days indicate a strong “Buy” sentiment at 30734 and 26472, respectively. Similarly, the Simple Moving Average for 10-days and 200-day SMA indicate a “Buy” at 30557 and 25606, respectively. Simple moving averages show strong “Buy” sentiments.

The Ichimoku Base Line, valued at 29039, shows a “Neutral” sentiment for quite a long time, whereas the Hull Moving Average indicates a “Buy” signal at 31236. The Volume Weighted Moving Average at 30523 showed a “Buy” signal.

Major market oscillators point toward a “Neutral” sentiment. The Relative Strength Index (14), one of the key indicators, sits at 66, with a neutral outlook. The Stochastic %K (14, 3, 3) and the Average Directional Index (14) is at 71 and 35, respectively, further indicating a “Neutral” market.

The MACD Level (12, 26) at 664 indicates a “Sell.” The Stochastic RSI Fast (3, 3, 14, 14) is at 53 with a “Neutral” indicator, while the Williams Percent Range (14) at −17 signals “Sell.”

As of 12:30 PM, 14th July 2023, on WazirX, Bitcoin’s current price is ₹26,16,046, with an almost 0.99% increase in the last hour. There was a 1.77% increase in its price in the last 24 hours. In the past 7 days, Bitcoin was up by 0.62%.

Ethereum (ETH) is trading at ₹1,66,016, with an increase of 4.07% in the last hour. There was an increase of 4.06% in the last 24 hours. The 7-day ETH is up by 3.67%.

The top gainers on WazirX include Ripple (XRP), Stellar (XLM), and Solana (SOL), with price increases of 62.54%, 49.64%, and 19.77%, respectively.

However, the tokens that underperformed comprised WazirX Token (WRX), QuickSwap (QUICK), and Zcash (ZEC), with a price decrease of 10.37%, 5.89%, and 5.81%, respectively.

Shiba Inu (SHIB) saw a price increase of 5.08% and is now priced at ₹0.000682. Dogecoin (DOGE) saw a decrease of 5.68% and is now priced at ₹5.9500.

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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