This week, the bullish crypto lineup is led by Bitget Token (BGB) in first place, followed by Sui (SUI) and XRP (XRP).
Want to know how your favorite crypto asset is performing? Check INDODAX Market Signal below!
5 Bullish Crypto Assets
1.Bitget Token (BGB)
The indication for Bitget Token (BGB) to continue strengthening is quite wide open, with the price successfully moving through the 130,000 – 145,000 area allowing Bitget Token (BGB) to confirm the upward trend on the MACD indicator.
2.Sui (SUI)
The 4-hour chart used indicates that if Sui (SUI) has not been able to penetrate the Resistance of 82,000 – 88,000, it will have a negative impact on the price changes of Sui (SUI), the weakening trend will test the strength of the WMA/85 line with the closest Support in the range of 68,000 – 75,000.
3.XRP (XRP)
The movement of XRP (XRP) on the 1 Day chart is quite positive, the current trend moving above WMA/85 shows something similar. The MACD indicator has not been able to determine the direction of the next movement so it must be careful, with the correction will test the Support level at 25,000 – 32,500.
4.VELO (VELO)
The resistance area of ??500 – 650 still dominates strongly enough to withstand the strengthening that occurs in VELO (VELO), assuming the Resistance area is successfully penetrated, it will have a positive impact on the trend indicated by the MACD indicator where the line will cut upwards.
5.USDT (USDT)
The trend is moving in a fairly positive direction, Candle can still stay above WMA/85 with a movement that supports pushing the price of USDT (USDT) to break through the nearest Resistance in the range of 16,400 – 16,500.
5 Aset Kripto Bearish
1.Serum (SRM)
The Serum (SRM) trend is still indicated to be in the Sideways Bearish phase, the price area of ??415 – 600 is quite important for Serum (SRM) because by breaking through one of these areas, Serum (SRM) can confirm the direction of the next price movement.
2.BinaryX (BNX)
BinaryX (BNX) has been in the Bearish zone since December 17, 2024, BinaryX (BNX) has weakened by more than 30%. The penetration of Candle below the 5,200 level will make BinaryX (BNX) touch its latest low.
3.ether.fi (ETHFI)
The Bearish phase will dominate price changes with the movement of Candles below the price level of 20,000 – 28,000. The realization of this will have a negative impact on ether.fi (ETHFI) on price changes with an indication that MACD will weaken following the trend movement.
4.dYdX (DYDX)
The weakening trend that occurred was in accordance with that depicted by the MACD indicator, the trend that failed to penetrate the price of 25,000 – 32,000 created negative momentum that put pressure on the price of dYdX (DYDX).
5.Memecoin (MEME)
The trend that is unable to continue strengthening with the nearest Resistance area of ??180 – 220 illustrates that it has not been penetrated and has a negative impact on the movement of the MACD Indicator with the line failing to cut upwards and weakening downwards again, Memecoin (MEME) continues to record new lows.
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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