trading and mining cryptocurrencies are illegal in India and in general India is close to the law which makes cryptocurrencies illegal in the country.
The support rests at 54338.9 with resistance at 57863 which the weekly pivot point at 57093 is located in between the lines. The EMA of 10 is moving with bearish bias in the ascendant channel and it is located above the EMA of 200 and the EMA of 100. The RSI is rising towards level 50, the MACD line is below the signal line in the negative territory and the Stochastic is moving in low ranges. The ADX is showing weak sell signal. The price is in the Ichimoku Cloud and above the Chinkou Span. The Tenkan-sen and the Kijun-sen are both showing a horizontal trend.
The bearish pressure may push the price down towards 51000 but the long term bullish trend will continue.