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SHIB And DOGE Saw A Dip In The Price

By May 30, 20232 minute read

As of now, the current price of Bitcoin (BTC) is $27,847.91, with an almost 0.34% increase in the last hour. There was a decrease of 0.88% in its price in the last 24 hours. The 7-day Bitcoin was up by 1.78%.

Ethereum (ETH) is currently trading at $1,900.06, with an almost 0.21% increase in the last hour. There has been a 0.40% decrease in its price in the last 24 hours. The 7-day ETH has been up by 1.86%.

The Exponential Moving Average for 10-days and 200-days indicate a “Buy” at 27312 and 25113, respectively. Similarly, the Simple Moving Average for 10-days and 200-day SMA both indicate a “Buy” at 27089 and 22944, respectively. Both the moving averages show strong “Buy” sentiments.

The Ichimoku Base Line, valued at 27826, shows a “Neutral” sentiment for quite a long time, whereas the Hull Moving Average indicates a “Sell” signal at 28012. The Volume Weighted Moving Average at 26998 showed a “Buy” signal.

Major market oscillators point toward a “Neutral” 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 81 and 23, respectively, further indicating a “Neutral” market.

The MACD Level (12, 26) at -130 indicates a “Buy.” The Stochastic RSI Fast (3, 3, 14, 14) is at 90 with a “Neutral” indicator, while the Williams Percent Range (14) at −24 signals “Neutral.”

As of 09:30 AM, 30th May 2023, on WazirX, Bitcoin’s current price is ₹24,48,600, with an almost 0.23% increase in the last hour. There was a 0.73% decrease in its price in the last 24 hours. In the past 7 days, Bitcoin was up by 1.34%.

Ethereum (ETH) is trading at ₹1,66,550, with a decrease of 0.37% in the last hour. There was an increase of 0.24% in the last 24 hours. The 7-day ETH is up by 3.45%.

The top gainers on WazirX include Cream Finance (CREAM), IDEX (IDEX), and Biconomy (BICO), with price increases of 15.2%, 12.94%, and 7.27%, respectively.

However, the tokens that underperformed comprised Zcash (ZEC), OriginToken (OGN), and dYdX (DYDX), with a price decrease of 7.32%, 6.05%, and 5.76%, respectively.

Shiba Inu (SHIB) saw a price decrease of 0.51% and is now priced at ₹0.000767. Dogecoin (DOGE) saw a decrease of 0.22% and is now priced at ₹6.4000.

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