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Technical Indicators present a mixed outlook, Dogecoin (DOGE) and Shiba Inu (SHIB) rise

By February 13, 20232 minute read

As of today, the technical indicators paint a mixed picture of the market. The Relative Strength Index (14) is 47.87, indicating that the market is neutral. A neutral market is also indicated by the Stochastic%K (14, 3, 3) value of 13.37.

The Commodity Channel Index (20) score of -142.42, on the other hand, indicates a purchasing opportunity. The Average Directional Index (14) is also neutral, with a value of 37.79. The Awesome Oscillator reading of -217.44, on the other hand, indicates a selling opportunity. 

Momentum (10) of -1606.00 indicates a buying opportunity, whereas MACD Level (12, 26) of 273.69 indicates a selling opportunity. The Stochastic RSI Fast (3, 3, 14, 14) figure of 6.62 indicates that the market is neutral. The Williams Percent Range (14) value of -86.66 indicates a buying opportunity.

The Bull Bear Power rating of -1156.44 indicates a buying opportunity, while the Ultimate Oscillator (7, 14, 28) value of 42.32 indicates neutrality. 

As of 10:00 AM, 13th February 2023, on WazirX, Bitcoin, the largest crypto by market capitalization, is priced at ₹18,98,989, a modest increase of 0.50% in the last hour. Over the last 24 hours, the cryptocurrency has seen a slight decrease of 0.05%. The 7-days Bitcoin was down 4.89%.

Ethereum (ETH) is currently trading at ₹1,31,799. Over the past hour, ETH has seen a growth of 0.64%. Over the past 24 hours, the cryptocurrency has been down by 1.13%, and over the past 7 days, ETH is down by 6.84%.

Some tokens performed well on WazirX, including Swipe (SXP), OriginToken (OGN), and Neo (NEO), with price increases of 17.87%, 13.22%, and 8.69%, respectively. 

However, some tokens, such as Quant (QNT), Maker (MKR), and Chromia (CHR), underperformed with price decreases of 6.8%, 6.78%, and 6.61%, respectively.

Shiba Inu (SHIB) saw an increase in price with a positive change of 0.81% and is now priced at ₹ 0.001120. Dogecoin also saw a positive price change of 3.21% and is now priced at ₹ 7.39.

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