This week, the bullish crypto lineup is led by Sui (SUI) in first place, followed by Bitget Token (BGB) and Ethena (ENA).

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

5 Aset Kripto Bullish

1.Sui (SUI)  

On the 1 Day time frame Sui (SUI)  can make a positive gradual increase, Candle experienced several corrections testing WMA / 75 where Sui (SUI) responded with a positive price. Sui (SUI)  is estimated to be on a positive trend with the MACD indicator depicting this.

2.Bitget Token (BGB)  

Touching the price of 140,000, the RSI indicator indicates that Bitget Token (BGB) is in the Overbought area, the weakening is realized, making a new Resistance level successfully formed so that negative pressure is on Bitget Token (BGB).

3.Ethena (ENA)

On the 1 Day Time Frame, Ethena (ENA) has not succeeded in breaking through the Resistance area of ??20,000 – 22,000 with the MACD indicator showing that Ethena (ENA) is in a negative area after the line intersects downwards. If it is in accordance with the MACD indicator, Ethena (ENA) will test the Support area which is quite dominant in the range of 13,800 – 17,000.

4.Ethereum Name Service (ENS)

Experiencing a price decline due to the level of sales exceeding purchases, but the trend is still indicated to be in the Bullish zone with positive price changes opening quite wide with Resistance in the area of ??65,000 – 85,000.

5.Uniswap (UNI)  

Uniswap (UNI) 1 Day Trend is assumed to be in a positive direction, the MACD indicator is able to end positively after being able to move up. The strengthening trend will try to Break from the Resistance area of ??260,000 – 320,000 if it can be penetrated then the Bullish phase will be strong enough to continue.

5 Aset Kripto Bearish

1.Memecoin (MEME)

The current Memecoin (MEME) trend is depicted as being in a positive direction, the line on the MACD indicator is able to cut upwards but this does not affect the price of Memecoin (MEME) where Memecoin (MEME) does not experience an increase and the trend is still moving below WMA/85.

2.WEMIX (WEMIX)

WEMIX (WEMIX) managed to break through the EMA/200 and stay above that line, but the crucial support area of ??15,000 – 18,500 was broken, ensuring that WEMIX (WEMIX) failed to form a new trend to become Bullish.

3.Serum (SRM) 

The Bearish trend will experience negative pressure with the movement of Candles above the 590 – 800 area, illustrating that the opportunity for Bullish will be quite large, but on the other hand, if the area fails to be realized, it will make Serum (SRM) continue to move in the Bearish zone and have the opportunity to pass the 400 – 500 area.

4.Dao Maker (DAO)

On the 1 Day time frame, if Dao Maker (DAO) manages to stay above the Support level of 390 – 500, it opens up an opportunity for the trend to move stronger, but conversely, if this level is broken, the Bearish will become more dominant.

5.Biconomy (BICO) 

The trend movement of Biconomy (BICO) on the 4-hour chart is currently indicated to remain above the EMA/200, but the MACD shows the opposite, Biconomy (BICO) needs more time to confirm the direction of the next trend movement with the Support level at a price of 3,500 – 4,800.

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.

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