This week, the bullish crypto lineup is led by XRP(XRP) in first place, followed by MANTRA (OM) and Bitget Token (BGB).

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

5 Bullish Crypto Assets

1. XRP (XRP)  

The XRP (XRP) trend movement on the 4-hour time frame is being held back by the WMA/85 line, there are several things that are quite important for XRP (XRP) where the Candle’s survival above the WMA/85 line will create a fairly large potential for strengthening, but on the contrary if the Candle moves below the WMA/85 line tries to test the Support level of 43,000 – 49,000.

2.MANTRA (OM)  

Being in the Uptrend phase, the opportunity for the trend to experience a correction is quite large. MANTRA (OM) experienced a correction because the Resistance of 25,000 – 30,000 has not been penetrated, but MANTRA (OM) remains above WMA / 85 indicating that positive momentum dominates the direction of price movement, MANTRA (OM) experienced a fairly high positive rebound capable of printing its highest price.

3.Bitget Token (BGB)

On December 06, 2024, Bitget Token (BGB) price movement experienced a positive spike accompanied by the penetration of the Resistance area of ??20,000 – 40,000, the trend continued to strengthen, penetrating the next area in the area of ??65,000 – 80,000. The Uptrend Channel Resistance is in the range of 120,000 – 145,000.

4.Chainlink (LINK)

It is estimated that positive momentum will be formed if the Candle stays above WMA/75, then supported by Resistance 430,000 – 500,000 which can be penetrated forcing the price to move higher.

5.Solana (SOL)  

After touching its highest price, Solana (SOL) experienced a correction, this is in accordance with the previous trend which was in the Overbought area on the RSI indicator, Solana (SOL) is still indicated to be in the Uptrend phase with Support available in the area of ??3,200,000 – 3,800,000.

5 Assets Crypto Bearish

1.Pepe (PEPE)

The failure of the trend to penetrate the Resistance area of ??0.3 – 0.35 is one of the reasons why Pepe (PEPE) cannot continue strengthening, the Downtrend can be confirmed by the EMA / 200 which is cut down against the WMA / 75 line. Weakening will again push the trend to move to the Oversold area on the RSI indicator.

2.Just a chill guy (CHILLGUY)

Just a chill guy (CHILLGUY) is under negative pressure, the trend is moving below WMA/75 making the weakening of Just a chill guy (CHILLGUY) inevitable. The MACD indicator will cut down, if the Resistance of 1.475 – 2.225 is not penetrated.

3.Moo Deng (MOODENG) 

The unbreakable EMA/200 line caused the price of Moo Deng (MOODENG) to experience a fairly deep decline, indicating that the selling rate was very dominant compared to the buying rate, which also caused the strong support level in the price range of 3,500 – 4,100 to be broken.

4.Mog Coin (MOG)

On January 05, 2025, Mog Coin (MOG) had passed the EMA/200 level touching the price range of 0.48 but was unable to continue strengthening, because the 4-Hour Chart showed that the RSI indicator was in the Overbought area so that the price experienced a correction again. Support area is available at 0.12 – 0.2

5.Shiba Inu (SHIB) 

On the 1 Day chart, Shiba Inu (SHIB) candles show a Bearish trend, the inability of the price to strengthen to improve the weakening price makes the Bearish trend strong to continue. Support 0.25 – 0.3 is quite important for Shiba Inu (SHIB) if this area is penetrated, the chance of weakening is greater.

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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