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Bitcoin Crossed The $26k Mark; Along With Ether Moving Past Its $1.6k Mark

By September 18, 20232 minute read

The current price of Bitcoin (BTC) is $26,675.04, with an almost 0.69% increase in the last hour. There was an increase of 0.55% in its price in the last 24 hours. The 7-day Bitcoin was up by 3.56%.

Ethereum (ETH) is currently trading at $1,630.51, with an almost 0.84% increase in the last hour. There has been a 0.15% increase in its price in the last 24 hours. The 7-day ETH has been up by 1.09%.

The Exponential Moving Average for 10-days and 200-days indicate a mix of “Buy” and “Sell” sentiment at 26338 and 26987, respectively. Similarly, the Simple Moving Average for 10-day and 200-day SMA indicate a “Buy” and “Sell” at 26186 and 27734, respectively. Simple moving averages show a mixture of “Buy” and “Sell” sentiments.

The Ichimoku Base Line, valued at 26531, shows a “Neutral” sentiment for quite a long time, whereas the Hull Moving Average indicates a “Sell” signal at 26791. The Volume Weighted Moving Average at 26079 showed a “Buy” signal.

Major market oscillators point toward a “Neutral” sentiment. The Relative Strength Index (14), one of the key indicators, sits at 52, with a neutral outlook. The Stochastic %K (14, 3, 3) and the Average Directional Index (14) are at 85 and 15, respectively, further indicating a “Neutral” market.

The MACD Level (12, 26) at -146 indicates a “Buy.” The Stochastic RSI Fast (3, 3, 14, 14) is at 98 with a “Neutral” indicator, while the Williams Percent Range (14) at −12 signals “Neutral.”

As of 11:30 AM, 18th September 2023, on WazirX, Bitcoin’s current price is ₹22,77,889, with an almost 0.17% increase in the last hour. There was a 0.16% increase in its price in the last 24 hours. In the past 7 days, Bitcoin was down by 0.36%.

Ethereum (ETH) is trading at ₹1,40,949, with an increase of 0.81% in the last hour. There was an increase of 0.12% in the last 24 hours. The 7-day ETH is up by 0.83%.

The top gainers on WazirX include Icon (ICX), Origin Token (OGN), and Contentos (COS), with price increases of 23.77%, 14.31%, and 10.24%, respectively.

However, the tokens that underperformed comprised HiFi Finance (HIFI), Tellor (TRB), and Standard Tokenization Protocol (STPT) with a price decrease of 34.97%, 27.77%, and 15.21%, respectively.

Shiba Inu (SHIB) saw a price decrease of 1.86% and is now priced at ₹0.000630. Dogecoin (DOGE) saw a decrease of 1.47% and is now priced at ₹5.3000.

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