Rajagopal Menon, Vice President at WazirX said, "Major market oscillators point to a neutral sentiment. The Relative Strength Index (14) sits at 62.71, with a neutral outlook. The Stochastic %K (14, 3, 3) and the Average Directional Index (14) indicate a Neutral outlook as well at 69.33 and 38.60 respectively.
The cryptocurrency markets were trading mixed on Friday. Bitcoin, Dogecoin and Solana were trading with cuts, while BNB, XRP and Tron were trading with gains.