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Bitcoin (BTC) Faced A 5% Decline; Altcoins Showcased Resilience.

By March 22, 20242 minute read

The price of Bitcoin is $66,007.24. There was a 2.70% decrease in its price in the last 24 hours. The 7-day Bitcoin is down by 3.51%.

Ethereum (ETH) is currently trading at $3,495.59. There has been a decrease of 1.73% in its price in the last 24 hours. The 7-day ETH is down by 6.08%.

The Exponential Moving Average for a 10-day EMA indicates β€œSell” at 66760, and a 200-day EMA indicates β€œBuy” at 45003. The Simple Moving Average for a 10-day SMA indicates β€œSell” at 67642, and a 200-day SMA indicates β€œBuy” at 41403.

The Ichimoku Base Line, valued at 62352, continues to be neutral. The Hull Moving Average indicates β€œBuy” at 65066, and the Volume Weighted Average indicates β€œSell” at 67775. 

The Relative Strength Index (14) sits at 53, indicating β€œNeutral”. The Stochastic %K (14, 3, 3) at 44 indicates β€œNeutral,” and the Average Directional Index (14) at 38 indicates a β€œNeutral” outlook.

The MACD Level (12, 26), at 2296, indicates β€œSell”. The Stochastic RSI Fast (3, 3, 14, 14) at 22  indicates β€˜Neutral’, and William’s Percentage at -60 indicates β€˜Neutral’.

As of 10:00 AM, 22nd March 2024, on WazirX, Bitcoin’s current price is β‚Ή58,17,542. Its price has decreased by almost 1.39% in the last hour and 1.61% in the last 24 hours. In the past seven days, Bitcoin has decreased by 3.39%.

Ethereum (ETH) is trading at β‚Ή3,08,250, down by 1.15% in the last hour and down by 1.22% in the last 24 hours. The 7-day ETH is down 5.29%.

The top gainers on WazirX include Book of Meme (BOME), Reserve Rights (RSR), and DeXe (DEXE), with price increases of 32.35%, 30.04%, and 26.54%, respectively.

However, the tokens that underperformed comprised pNetwork (PNT), Livepeer (LPT), and Kyber Network Crystal v2 (KNC), with a price decrease of 27.76%, 10.33%, and 10.32%, respectively.

Shiba Inu (SHIB) saw a price increase of 1.55% and is now priced at β‚Ή0.002415. Dogecoin (DOGE) saw an increase of 4.79% and is now priced at β‚Ή13.8960.

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