Skip to main content

Bitcoin Surged Past $57,000 On Tuesday, Marking Its Highest Level Since November 2021.

By February 27, 20242 minute read

The price of Bitcoin is $56,569.11. There was a 9.83% increase in its price in the last 24 hours. The 7-day Bitcoin is up by 9.46%.

Ethereum (ETH) is currently trading at $3,242.45. There has been an increase of 4.68% in its price in the last 24 hours. The 7-day ETH is up by 10.99%.

The Exponential Moving Average for a 10-day EMA indicates “Buy” at 52658, and a 200-day EMA indicates “Buy” at 39071. The Simple Moving Average for a 10-day SMA indicates “Buy” at 52443, and a 200-day SMA indicates “Buy” at 36611.

The Ichimoku Base Line, valued at 49649, continues to be neutral. The Hull Moving Average indicates “Buy” at 54268. The Volume Weighted Average indicates “Buy” at 50640. 

The Relative Strength Index (14) sits at 81, indicating “Neutral”. The Stochastic %K (14, 3, 3) at 87 and the Average Directional Index (14) at 36 indicate a “Neutral” outlook.

The MACD Level (12, 26), at 2393, indicates “Buy”. The Stochastic RSI Fast (3, 3, 14, 14) at 63  indicates ‘Neutral’, and William’s Percentage at -7 indicates ‘Neutral’.

As of 01:00 PM, 27th February 2024, on WazirX, Bitcoin’s current price is ₹48,90,000, with an almost 8.02% increase in the last hour. There was a 8.66% increase in its price in the last 24 hours. In the past 7 days, Bitcoin was up by 8.13%.

Ethereum (ETH) is trading at ₹2,81,301, with an increase of 3.02% in the last hour. There was an increase of 2.46% in the last 24 hours. The 7-day ETH is up by 10.02%.

The top gainers on WazirX include Pepe (PEPE), Toko Token (TKO), and Dent (DENT), with price increases of 45.78%, 37.77%, and 24.21%, respectively.

However, the tokens that underperformed comprised Worldcoin (WLD), Viberate (VIB), and MOBOX (MBOX), with a price decrease of 11.54%, 6.94%, and 6.44%, respectively.

Shiba Inu (SHIB) saw a price increase of 4.81% and is now priced at ₹0.000883. Dogecoin (DOGE) saw an increase of 5.44% and is now priced at ₹7.9901.

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.
Participate in the Indian Crypto Movement. Share:

Leave a Reply

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.