The current price of Bitcoin (BTC) is $29,680.41, with an almost 0.26% decrease in the last hour. There was an increase of 1.30% in its price in the last 24 hours. The 7-day Bitcoin was down by 0.11%.
Ethereum (ETH) is currently trading at $1,854.66, with an almost 0.05% decrease in the last hour. There has been a 1.37% increase in its price in the last 24 hours. The 7-day ETH has been down by 0.48%.
The Exponential Moving Average for 10-days and 200-days indicate strong “Buy” sentiment at 29395 and 27162, respectively. Similarly, the Simple Moving Average for 10-days and 200-day SMA indicate “Buy” at 29311 and 27040, respectively. Simple moving averages show a strong combination of “Buy” sentiments.
The Ichimoku Base Line, valued at 29508, shows a “Neutral” sentiment for quite a long time, whereas the Hull Moving Average indicates a “Buy” signal at 29546. The Volume Weighted Moving Average at 29387 showed a “Buy” signal.
Major market oscillators point toward a “Buy” sentiment. The Relative Strength Index (14), one of the key indicators, sits at 54, with a neutral outlook. The Stochastic %K (14, 3, 3) and the Average Directional Index (14) is at 62 and 15, respectively, further indicating a “Neutral” market.
The MACD Level (12, 26) at -90 indicates a “Buy.” The Stochastic RSI Fast (3, 3, 14, 14) is at 76 with a “Neutral” indicator, while the Williams Percent Range (14) at −30 signals “Neutral.”
As of 09:00 AM, 09th August 2023, on WazirX, Bitcoin’s current price is ₹25,72,000, with an almost 2.27% increase in the last hour. There was a 2.07% increase in its price in the last 24 hours. In the past 7 days, Bitcoin was up by 3.25%.
Ethereum (ETH) is trading at ₹1,59,900, with an increase of 2.35% in the last hour. There was an increase of 0.96% in the last 24 hours. The 7-day ETH is up by 1.82%.
The top gainers on WazirX include Orchid (OXT), Reserve Rights (RSR), and Band Protocol (BAND), with price increases of 20.78%, 8.58%, and 8.02%, respectively.
However, the tokens that underperformed comprised Render Token (RNDR), Loom Network (LOOM), and Kusama (KSM), with a price decrease of 8.34%, 8.08%, and 6.89%, respectively.
Shiba Inu (SHIB) saw a price increase of 4.68% and is now priced at ₹0.000827. Dogecoin (DOGE) saw an increase of 0.63% and is now priced at ₹6.3510.
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.
