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Bitcoin (BTC) Soared Above $64,000; Market Indicators Are Bullish.

By March 4, 20242 minute read

The price of Bitcoin is $63,701.09. There was a 2.78% increase in its price in the last 24 hours. The 7-day Bitcoin is up by 24.07%.

Ethereum (ETH) is currently trading at $3,480.64. There has been an increase of 1.55% in its price in the last 24 hours. The 7-day ETH is up by 12.62%.

The Exponential Moving Average for a 10-day EMA indicates β€œBuy” at 59721, and a 200-day EMA indicates β€œBuy” at 40441. The Simple Moving Average for a 10-day SMA indicates β€œBuy” at 58989, and a 200-day SMA indicates β€œBuy” at 37625.

The Ichimoku Base Line, valued at 54304, continues to be neutral. The Hull Moving Average indicates β€œSell” at 64462. The Volume Weighted Average indicates β€œBuy” at 56278. 

The Relative Strength Index (14) sits at 82, indicating β€œSell”. The Stochastic %K (14, 3, 3) at 92 indicates β€œNeutral,” and the Average Directional Index (14) at 51 indicates a β€œNeutral” outlook.

The MACD Level (12, 26), at 4288, indicates β€œBuy”. The Stochastic RSI Fast (3, 3, 14, 14) at 72  indicates β€˜Neutral’, and William’s Percentage at -4 indicates β€˜Neutral’.

As of 12:15 PM, 04th March 2024, on WazirX, Bitcoin’s current price is β‚Ή54,54,162, with an almost 2.54% increase in the last hour. There was a 2.66% increase in its price in the last 24 hours. In the past 7 days, Bitcoin was up by 23.45%.

Ethereum (ETH) is trading at β‚Ή2,97,700, with an increase of 1.47% in the last hour. There was an increase of 1.50% in the last 24 hours. The 7-day ETH is up by 11.77%.

The top gainers on WazirX include Pepe (PEPE), Bonk (BONK), and Memecoin (MEME), with price increases of 65.9%, 41.21%, and 40.82%, respectively.

However, the tokens that underperformed comprised QuickSwap (QUICK), Harmony (ONE), and Livepeer (LPT), with a price decrease of 13.75%, 11.32%, and 8.73%, respectively.

Shiba Inu (SHIB) saw a price increase of 28.63% and is now priced at β‚Ή0.002318. Dogecoin (DOGE) saw an increase of 19.45% and is now priced at β‚Ή14.0000.

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