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XRP Token Is Up By 19%; Market Indicators Show A “Buy” Sentiment

By March 22, 20232 minute read

As of now, the current price of Bitcoin (BTC) is $28,395.80, with an almost 0.15% increase in the last hour. There was an increase of 0.96% in its price in the last 24 hours. The 7-day Bitcoin was up by 14.43%.

Ethereum (ETH) is currently trading at $1834.01, with an almost 1.22% increase in the last hour. There has been a 3.43% increase in its price in the last 24 hours. The 7-day ETH has been up by 6.53%.

The Exponential Moving Average for 10-days and 200-days indicates “Buy” at 26545.73 and 22212.78, respectively. Similarly, the Simple Moving Average for 10-days and 200-day SMA indicates a “Buy” at 26517.80 and 20024.54, respectively. Both moving averages strongly show “Buy” markets.

The Ichimoku Base Line, valued at 24068.00, remains neutral, whereas the Hull Moving Average indicates a “Sell” signal at 28793.69. The Volume Weighted Moving Average at 24197.12 showed a “Buy” signal.

Major market indicators point towards a “Neutral” sentiment. The Relative Strength Index (14), one of the key indicators, sits at 71.87, with a neutral outlook. The Stochastic %K (14, 3, 3) and the Average Directional Index (14) is at 94.81 and 35.85, respectively, further indicating a neutral market.

The MACD Level (12, 26), at 1415.97, indicates a “Buy.” The Stochastic RSI Fast (3, 3, 14, 14) is at 97.33 with a “Neutral” indicator, while the Williams Percent Range (14) at −3.03 signals “Neutral.” 

As of 09:15 AM, 22nd March 2023, on WazirX, Bitcoin’s current price is ₹24,49,445, with an almost 1.63% increase in the last hour. There was a 0.64% increase in its price in the last 24 hours. In the past 7 days, Bitcoin was up by 2.92%.

Ethereum (ETH) is trading at ₹1,55,144, with an increase of 1.4% in the last hour. There was an increase of 2.61% in the last 24 hours. The 7-day ETH is up by 1.81%.

The top gainers on WazirX include Ripple (XRP), Nervos Network (CKB), and Celer Network (CELR), with a price increase of 19.34%, 10.29%, and 9.8%, respectively.

However, the tokens that underperformed comprised OmiseGO (OMG), Kusama (KSM), and Ethereum Name Service (ENS), with a price decrease of 9.44%, 6.64%, and 5.03%, respectively.

Shiba Inu (SHIB) saw a price increase of 1.6% and is now priced at ₹0.000950. Dogecoin (DOGE) saw an increase of 4.98% and is now priced at ₹6.6978.

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