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Bitcoin Retraced All Gains From Saturday’s Selloff; Currently Trading Near $61k.

By April 18, 20242 minute read

The price of Bitcoin is $62,341.21 There was a 2.66% decrease in its price in the last 24 hours. The 7-day Bitcoin is down by 12.26%.

Ethereum (ETH) is currently trading at $3,036.88. There has been a decrease of 1.88% in its price in the last 24 hours. The 7-day ETH is down by 15.05%.

The Exponential Moving Average for a 10-day EMA indicates β€œSell” at 64839, and a 200-day EMA indicates β€œBuy” at 50320. The Simple Moving Average for a 10-day SMA indicates β€œSell” at 65740, and a 200-day SMA indicates β€œBuy” at 46958.

The Ichimoku Base Line, valued at 66214, continues to be neutral. The Hull Moving Average indicates β€œBuy” at 61200, and the Volume Weighted Average indicates β€œSell” at 66818. 

The Relative Strength Index (14) sits at 41, indicating β€œNeutral”. The Stochastic %K (14, 3, 3) at 18 indicates β€œNeutral,” and the Average Directional Index (14) at 21 indicates a β€œNeutral” outlook.

The MACD Level (12, 26), at -1030, indicates β€œSell”. The Stochastic RSI Fast (3, 3, 14, 14) at 5  indicates β€˜Neutral’, and William’s Percentage at -81 indicates β€˜Buy’.

As of 01:30 PM, 18th April 2024, on WazirX, Bitcoin’s current price is β‚Ή57,55,100. Its price has decreased by almost 2.63% in the last hour and decreased by 2.73% in the last 24 hours. In the past seven days, Bitcoin has decreased by 13.50%.

Ethereum (ETH) is trading at β‚Ή2,80,093, down by 3.61% in the last hour and decreased by 2.46% in the last 24 hours. The 7-day ETH is down 16.94%.

The top gainers on WazirX include Bluezelle (BLZ), SKALE Network (SKL), and AdEx Network (ADX), with price increases of 7.93%, 7.12%, and 5.54%, respectively.

However, the tokens that underperformed comprised Illuvium (ILV), Neo (NEO), and Synthetix Network Token (SNX), with a price decrease of 17.44%, 16.54%, and 13.34%, respectively.

Shiba Inu (SHIB) saw a price decrease of 3.73% and is now priced at β‚Ή0.002011. Dogecoin (DOGE) saw a decrease of 6.17% and is now priced at β‚Ή13.5300.

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