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

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

5 Bullish Crypto Assets

1.Ethereum (ETH)  

Break phase Sideways 2,800,000 – 3,000,000 by breaking through Resistance has a positive impact on Ethereum (ETH), where Ethereum (ETH) managed to strengthen quite high more than 20%. The current trend is in the Overbought area on the RSI indicator, weakening is possible with Support in the range of 3,600,000 – 3,850,000.

2.Solana (SOL)

On the 4 Hour time frame, Solana’s (SOL) decline tested the strength of the EMA/200, Candle showed a positive response by remaining above so that Solana (SOL) could experience a price increase of around 20%. The next resistance of Solana (SOL) will try to test the strength of 3,100,000 – 3,500,000.

3.Bitcoin (BTC)

Bitcoin (BTC) increase of more than 15% was realized after Bitcoin (BTC) was in the Uptrend zone, a positive intersection after the Resistance area of ??1,400,000,000 – 1,480,000,000 was successfully penetrated and the Candle held above the area. The MACD indicator which cuts down in a negative direction, allows Bitcoin (BTC) to test the area of ??1,550,000,000 – 1,600,000,000.

4.Fartcoin (FARTCOIN)

On the 4 Hour Chart used, it is shown that Fartcoin (FARTCOIN) has strengthened by more than 150% causing several Resistance levels such as 8,000 – 10,000 and 12,000 – 18,000 to be penetrated positively.

5.Pepe (PEPE)  

Pepe’s (PEPE) Bullish Trend will likely move more positively with the penetration of Resistance 0.25 – 0.3, assuming this can be achieved, Pepe (PEPE) can then try to strengthen again to the 0.35 – 0.45 area.

5 Bearish Crypto Assets

1.Ethereum Classic (ETC)

The MACD indicator shows a positive crossover allowing Ethereum Classic (ETC) to move positively, breaking through the dominant Resistance area in the range of 380,000 – 490,000 making the opportunity for the Bearish trend to change to Bullish even greater and positive for Ethereum Classic (ETC).

2.LooksRare (LOOKS)

The Bearish Trend has a negative impact on the price of LooksRare (LOOKS) where LooksRare (LOOKS) has weakened by more than 50%, this is inversely proportional to the MACD indicator which indicates that LooksRare (LOOKS) is in a positive direction but LooksRare (LOOKS) is still weakening.

3.Ontology (ONT) 

Currently, the movement of Ontology (ONT) is being held back by EMA/200, with Ontology (ONT) successfully breaking through the Resistance level of 3,500 – 5,000, it allows Ontology (ONT) to move above EMA/200.

4.iExec RLC (RLC)

Candles that can survive above the 15,000 – 20,000 area will suppress the Bearish trend to continue, where if this is followed by the WMA / 75 cutting above the EMA / 200 it will have a negative impact on the Bearish trend.

5.Loopring (LRC) 

It had penetrated EMA/200 but the price weakened again, the MACD indicator showed a movement in a positive direction but the Loopring (LRC) price did not show the same thing, the Candle holding above Support 1,300 – 1,550 will give Loopring (LRC) the opportunity to strengthen.

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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