This week, the bullish crypto lineup is led by Bitcoin(BTC) in first place, followed by Ethereum (ETH) and XRP(XRP).

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

5 Bullish Crypto Assets

1.Bitcoin (BTC)  

On the 1-Day chart, Bitcoin (BTC) still shows a fairly positive trend with the Candle still holding above WMA/85, with the potential for the Candle to continue to hold, it will cut the MACD indicator positively.

2.Ethereum (ETH)  

The Ethereum (ETH) trend on the 4-hour chart still needs more time to confirm the direction of the Ethereum (ETH) trend movement, which will be quite crucial for Ethereum (ETH) to move towards Bearish or Bullish, with one strong Bullish indication being the penetration of Resistance in the area of ??41,000,000 – 45,000,000.

3.XRP (XRP)   

There is no significant momentum causing XRP (XRP) to have a fairly stagnant price movement, XRP (XRP) has not managed to break WMA/75 while Support 27,000 – 35,000 has not been penetrated.

4.Aave (AAVE)  

Aave (AAVE) strengthening is projected to occur soon with the Candle holding above the level of 3,500,000 – 4,000,000 but conversely, Candle moving below that level will threaten the EMA/200.

5.Tron (TRX)

It had experienced a weakening with the trend touching EMA/200 but Tron (TRX) managed not to make a Candle below the 4,150 – 4,350 area. The price experienced a positive Rebound making Tron (TRX) continue to move in the Bullish phase.

5 Bearish Crypto Assets

1.TokenFi (TOKEN)

Negative momentum is still weighing on the movement of TokenFi (TOKEN) which is currently moving below WMA/75, the opportunity for TokenFi (TOKEN) to continue weakening is quite large if TokenFi (TOKEN) moves below the 150-200 area, causing TokenFi (TOKEN) to touch its lowest price.

2.Hedera (HBAR)

Hedera (HBAR) is currently still in the Bearish phase with a fairly large opportunity for Hedera (HBAR) to end the Bearish phase, the survival of the Candle above the Resistance of 3,500 – 5,000 can be a positive indication for Hedera (HBAR).

3.Suzuverse (SGT)

Negative pressure weighs on the trend change in Suzuverse (SGT), the price failed to break through the Resistance of 2,000 – 2,500 causing Suzuverse (SGT) to weaken and is currently moving below WMA/85.

4.Polygon Ecosystem Token (POL)

On the 4-hour time frame, Polygon Ecosystem Token (POL) is still indicated to be in the Bearish zone with the current weakening of Polygon Ecosystem Token (POL) being held back by WMA/85, Resistance is in the range of 3,000 – 3,500.

5.Ethereum Classic (ETC) 

Ethereum Classic (ETC) strengthening will occur with the penetration of Resistance 330,000 – 400,000 allowing the trend to move beyond WMA/85 then Ethereum Classic (ETC) will test the area 420,000 – 480,000.

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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