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Bitcoin Traded Close To The $27k Mark; SHIB & DOGE Price Surged

By September 21, 20232 minute read

The current price of Bitcoin (BTC) is $27,001.46, with an almost 0.08% increase in the last hour. There was a decrease of 0.68% in its price in the last 24 hours. The 7-day Bitcoin was up by 2.82%.

Ethereum (ETH) is currently trading at $1,618.80, with an almost 0.14% increase in the last hour. There has been a 1.33% decrease in its price in the last 24 hours. The 7-day ETH has been up by 0.01%.

The Exponential Moving Average for 10-days and 200-days indicate a “Buy” sentiment at 26694 and 26991, respectively. Similarly, the Simple Moving Average for 10-day and 200-day SMA indicate a “Buy” and “Sell” at 26642 and 27806, 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 27226. The Volume Weighted Moving Average at 26245 showed a “Buy” 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) are at 85 and 17, respectively, further indicating a “Neutral” market.

The MACD Level (12, 26) at 36 indicates a “Buy.” The Stochastic RSI Fast (3, 3, 14, 14) is at 94 with a “Neutral” indicator, while the Williams Percent Range (14) at −19 signals “Sell.”

As of 10:00 AM, 21st September 2023, on WazirX, Bitcoin’s current price is ₹23,36,190, with an almost 0.6% increase in the last hour. There was a 0.41% decrease in its price in the last 24 hours. In the past 7 days, Bitcoin was up by 3.34%.

Ethereum (ETH) is trading at ₹1,41,4999, with an increase of 0.98% in the last hour. There was a decrease of 1.20% in the last 24 hours. The 7-day ETH is up by 1.22%.

The top gainers on WazirX include Loom Network (LOOM), Gifto (GFT), and Cream Finance (CREAM), with price increases of 42.2%, 25%, and 16.21%, respectively.

However, the tokens that underperformed comprised Bluezelle (BLZ), Icon (ICX), and HiFi Finance (HIFI), with a price decrease of 12.92%, 12.83%, and 11.6%, respectively.

Shiba Inu (SHIB) saw a price increase of 0.47% and is now priced at ₹0.000640. Dogecoin (DOGE) saw an increase of 0.45% and is now priced at ₹5.4127.

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