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ETH Is In A Downtrend; SHIB And DOGE Saw Minute Price Changes

By April 25, 20232 minute read

As of now, the current price of Bitcoin (BTC) is $27,416.07, with an almost 0.16% increase in the last hour. There was a decrease of 1.06% in its price in the last 24 hours. The 7-day Bitcoin was down by 6.95%.

Ethereum (ETH) is currently trading at $1,835.05, with an almost 0.02% decrease in the last hour. There has been a 1.57% decrease in its price in the last 24 hours. The 7-day ETH has been down by 11.83%.

The Exponential Moving Average for 10-days and 200-days indicates a combination of “Sell” and “Buy” at 28189 and 24031, respectively. Similarly, the Simple Moving Average for 10-days and 200-day SMA indicates a “Sell” and “Buy” at 28479 and 21508, respectively. Both moving averages strongly show a mixture of “Sell” and “Buy” markets.

The Ichimoku Base Line, valued at 29008, remains neutral, whereas the Hull Moving Average indicates a “Buy” signal at 27103. The Volume Weighted Moving Average at 29088 showed a “Sell” signal.

Major market oscillators point toward a “Neutral” sentiment. The Relative Strength Index (14), one of the key indicators, sits at 43, with a neutral outlook. The Stochastic %K (14, 3, 3) and the Average Directional Index (14) is at 12 and 29, respectively, further indicating a “Neutral” market.

The MACD Level (12, 26) at 14 indicates a “Sell.” The Stochastic RSI Fast (3, 3, 14, 14) is at 7 with a “Neutral” indicator, while the Williams Percent Range (14) at −90 signals “Neutral.”

As of 9:30 AM, 25th April 2023, on WazirX, Bitcoin’s current price is ₹24,81,887, with an almost 0.14% decrease in the last hour. There was a 0.29% decrease in its price in the last 24 hours. In the past 7 days, Bitcoin was up by 0.48%.

Ethereum (ETH) is trading at ₹1,63,356.8, with a decrease of 3.79% in the last hour. There was a decrease of 3.03% in the last 24 hours. The 7-day ETH is down by 3.59%.

The top gainers on WazirX include IDEX (IDEX), Floki (FLOKI), and Frontier (FRONT), with a price increase of 57.88%, 42.22%, and 4.55%, respectively.

However, the tokens that underperformed comprised Celer Network (CELR), PancakeSwap (CAKE), and OmiseGO (OMG), with a price decrease of 14.21%, 11.63%, and 7.91%, respectively.

Shiba Inu (SHIB) saw a price decrease of 0.1% and is now priced at ₹0.000926. Dogecoin (DOGE) saw an increase of 0.07% and is now priced at ₹7.1102.

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