This week, the bullish crypto lineup is led by Ethereum(ETH) in first place, followed by Ethena(ENA)and Arbitrum (ARB).

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

5 Bullish Crypto Assets

1.Ethereum (ETH)  

Ethereum (ETH) support is indicated to be in the area of 55,000,000 – 63,000,000. A break through this area will test the WMA/85 line.

2.Ethena (ENA)  

Ethena (ENA) is still testing the strength of the WMA/75 line, Ethena (ENA)’s survival above this line has a positive impact on the Bullish phase, allowing Ethena (ENA) to head towards the Resistance area of 12,500 – 16,000.

3.Arbitrum (ARB) 

Arbitrum (ARB) will continue to strengthen with one indication of a successful trend to move above the 8,000 – 9,000 area. The opportunity for Arbitrum (ARB) to fluctuate with a larger range is quite large to occur.

4.Cardano (ADA)

The MACD indicator shows Cardano (ADA) trending negatively, with its failure to break through the resistance level of 15,700-16,500 indicating a possible cause. Cardano (ADA) has a high probability of fluctuating, with both available lines showing movement away from each other.

5.Solana (SOL)  

Failure to penetrate the 3,300,000 – 3,450,000 area has a negative impact on the Solana (SOL) trend, where Solana (SOL) is currently experiencing weakness by currently testing the WMA/85 Support available in the range of 2,800,000 – 2,950,000.

5 Aset Kripto Bearish

1.Starknet (STRK)

Not having succeeded in breaking through the price range of 1,600 – 3,300 has had an impact on Starknet (STRK) which has not experienced significant price changes, still indicated in the Sideways Bearish phase.

2.Moo Deng (MOODENG)

Candle failed to stay above EMA/200 making Moo Deng (MOODENG) failed to change the Bearish trend to Bullish, Support is in the range of 2,200 – 2,400.

3.Livepeer (LPT) 

The current trend is in the Bearish Sideways phase of 75,000 – 130,000 with the assumption that if one of these prices is passed, it will form a new trend direction.

4.Celsius (CEL)

Resistance is available in the 1,500-2,500 area. The formation of a candle above this area will correct the weakening that occurred.

5.Loopring (LRC) 

Loopring (LRC) is currently holding above the WMA/85 if it is followed by Resistance 1,700 – 2,500 which Loopring (LRC) is expected to gain positive momentum.

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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