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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.

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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