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.
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.
