INDODAX Market Signal 21 April 2025
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INDODAX Market Signal 21 April 2025

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INDODAX Market Signal 21 April 2025

Market Signal 21 April 2025 1920x1080 Newsletter

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This week, the bullish crypto lineup is led by USDT(USDT) in first place, followed by USDC(USDC) and TRON (TRX)

Want to know how your favorite crypto asset is performing? Check INDODAX Market Signal below!

 

5 Bullish Crypto Assets

1.USDT (USDT)  

USDTIDR Chart Image

The 1 Day Chart shows that USDT (USDT) has not experienced much significant change with the current trend still holding above WMA/85 and is in the Uptrend phase. USDT (USDT) support is available in the 16,400 – 16,620 area.

2.USDC (USDC)  

USDCIDR Chart Image

USDC (USDC) is still indicated to move in the Bullish phase, USDC (USDC) had experienced a fairly deep weakening with the price moving below EMA/200 which did not last long with the trend strengthening again.

3.Tron (TRX)

TRXIDR Chart Image

The trend direction is estimated that the MACD indicator is in a negative direction. This will continue with the failure of Tron (TRX) to stay above the Resistance of 3,900 – 4,100. The possibility of the trend moving below the EMA/200 is increasing.

4.XRP (XRP) 

XRPIDR Chart Image

XRP (XRP) needs time to determine the trend movement after that, the trend is still indicated as Bullish but the momentum is not strong enough with the MACD indicator trend showing a positive direction but XRP (XRP) must stay above the 20,000 – 26,000 area.

5.Fartcoin (FARTCOIN) 

FARTCOINIDR Chart Image

The success of Candle to penetrate EMA/200 is then supported by Fartcoin (FARTCOIN) which is able to hold above Support 6,000 – 7,000 confirming Fartcoin (FARTCOIN) to end the Bearish phase. Fartcoin (FARTCOIN) will move more positively with the penetration of the 13,000 – 16,000 area.

 

5 Aset Kripto Bearish

1.Ethereum (ETH)

ETHIDR Chart Image

Ethereum (ETH)’s failure to break through the Resistance of 3,000,000 – 3,500,000 has prevented Ethereum (ETH) from correcting its weakening trend, so that the Bearish trend dominates the price changes of Ethereum (ETH).

2.Alpaca Finance (ALPACA)

ALPACAIDR Chart Image

When looking at the RSI indicator, it is assumed that Alpaca Finance (ALPACA) is currently moving up after the trend had approached the Oversold area. The trend will experience strengthening with Candles being able to move with Resistance available in the range of 900 – 1,650.

3.JasmyCoin (JASMY) 

JASMYIDR Chart Image

JasmyCoin (JASMY) Bearish Trend continues and makes the price experience a correction, since being in the Downtrend phase JasmyCoin (JASMY) has weakened by more than 30%. A fairly strong Support level is estimated to be in the area of ??140 – 190, the new Support area will be formed with the penetration of this area.

4.Moo Deng (MOODENG)

MOODENGIDR Chart Image

Having tested the EMA/200 several times, the RSI indicator did not show anything positive. Moo Deng (MOODENG) was in the Overbought area, causing the trend to fail to strengthen beyond the EMA/200 and to weaken.

5.Dogecoin (DOGE) 

DOGEIDR Chart ImageThe opportunity for Dogecoin (DOGE) to continue weakening is wide open with Dogecoin (DOGE) currently moving below EMA/200, with the Candle breaking below 1,700 – 2,500 will make Dogecoin (DOGE) stronger in the Downtrend phase.

NOTE: If the 5 EMA crosses the WMA 75, 85 and 200 EMA lines and the lines intersect from the bottom up, then the market trend tends to go up (bullish), each table above shows that if the 5 EMA value is higher than the 75.85 WMA and 200 EMA, the market tends to go up (bullish).

If the RSI and MACD values ??show the same condition, it means that the market is showing the same trend. Overbought or oversold conditions are an indicator that the market is already at the point of changing direction of a trend.

ATTENTION: All contents which includes text, analysis, predictions, images in the form of graphics and charts, as well as news published on this website, is only used as trading information, and is not a recommendation or suggestion to take action in transacting either buying or selling. certain crypto assets. All crypto asset trading decisions are independent decisions by the users. Therefore, all risks arising from it, both profit and loss, are not the responsibility of Indodax.

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