This week, the bullish crypto lineup is led by Lyfe Gold (LGOLD) in first place, followed by MANTRA(OM) and XRP (XRP)

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

5 Bullish Crypto Assets

1.Lyfe Gold (LGOLD)

The strengthening of Lyfe Gold (LGOLD) is still quite wide open, a positive trend is indicated by the direction of the MACD indicator with both lines moving upwards, by breaking through the Candle above the level of 1,800,000 – 2,000,000 making Lyfe Gold (LGOLD) break through its highest price.

2.MANTRA (OM)    

The RSI indicator shows that the current MANTRA (OM) trend is in the Overbought area, with Support in the area of ??75,000 – 105,000 with the trend possibly moving below WMA/85 if realized.

3.XRP (XRP) 

The weakening of the price of XRP (XRP) is possible, the trend is moving below the WMA/85 plus the MACD indicator shows a negative area due to the downward intersection.

4.Hedera (HBAR)

The Hedera (HBAR) Bullish phase is likely to fail to continue, with Support being broken at 1,800 – 2,800 this must be followed by WMA/85 cutting below EMA/200 so that Hedera (HBAR) is confirmed Bearish.

5.USDT (USDT)

Being held back by WMA/85 makes the USDT (USDT) trend take more time to determine the direction of the next trend movement. Resistance with the area of ??16,460 – 16,700 with the area can be penetrated confirming a positive intersection.

5 Bearish Crypto Assets

1.Fartcoin (FARTCOIN) 

Although the RSI indicator shows an increase, the price of Fartcoin (FARTCOIN) does not show anything in line with the trend and is still under pressure because it has not been able to move above WMA/85.

2.BOOK OF MEME (BOME) 

The weakening trend pushes the RSI indicator to indicate something different, the increase in the RSI trend is not directly proportional to the weakening BOOK OF MEME (BOME). Prices that try to go to level 40 – 55 will indicate an improvement in price weakening.

3.Arkham (ARKM) 

The 1 Day chart shows that Arkham (ARKM) has experienced a weakening of around 50% after being in the Bearish zone. The resistance area of ??15,000 – 21,000 will be quite important for the Arkham (ARKM) trend if it strengthens.

4.Bitcoin Diamond (BCD)

Being in the Bullish phase but does not guarantee the price to continue strengthening, Support 1,200 – 1,600 is unable to withstand the weakening of the Bitcoin Diamond (BCD) trend so that Bullish ends and turns Bearish.

5.Solana (SOL) ??

The weakening of the Solana (SOL) trend is inseparable from the ongoing Bearish trend, both lines on the MACD indicator cut down causing a negative direction with the nearest Support in the range of 2,300,000 – 2,450,000.

NOTE: If EMA 5, crosses the WMA 75, 85 and EMA 200 lines and the lines intersect from bottom to top, then the market trend tends to rise (bullish),

in each table above shows if the EMA 5 value is higher than WMA 75.85 and EMA 200 then the market tends to rise (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 one indicator that the market is at the point of changing the trend direction.

ATTENTION: All content that includes text, analysis, predictions, images in the form of graphics or charts, and news contained on this website, are only used as trading information, and are not recommendations or suggestions to take action in transactions, either buying or selling certain crypto assets. All crypto asset trading decisions are independent decisions by the user. Therefore, all risks arising from it, both profit and loss, are not the responsibility of Indodax.