This week, the bullish crypto lineup is led by USDT(USDT) in first place, followed by USDC(USDC) and MANTRA(OM).

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

5 Bullish Crypto Assets

1.USDT (USDT)  

USDT (USDT) continues to strengthen positively, the trend does not reverse to weaken past WMA/85 but instead reverses where USDT (USDT) is able to move away and has the opportunity to test Resistance 16,700 – 16,800.

2.USDC (USDC)  

The RSI indicator is moving towards the Overbought area, a trend that successfully maintains above the level of 16,680 – 17,150 will make the RSI indicator movement realized but on the other hand failing to touch the Overbought area allows USDC (USDC) to test the EMA/200.

3.MANTRA (OM)

A positive trend indication can be depicted by MANTRA (OM) on the 1 Day chart used, MANTRA (OM) has managed to move away from WMA/85, with this, MANTRA (OM) has a large possibility of recording a new high price.

4.Sui (SUI)

The Bullish trend will experience negative pressure with the penetration of Support 35,000 – 45,000 allowing Bearish to be realized, WMA / 75 and WMA / 85 must be able to follow the same thing by penetrating EMA / 200.

5.Lyfe Gold (LGOLD)

The area of ??1,750,000 – 1,850,000 is quite important for strengthening the Lyfe Gold (LGOLD) trend in the future, not forming a Candle above this area will open up opportunities for Lyfe Gold (LGOLD) to experience weakness and is in line with the MACD indicator that has formed.

5 Bearish Crypto Assets

1.Solana (SOL)

Although the MACD indicator is moving positively, the price of Solana (SOL) has not experienced a positive price change spike, Solana (SOL) is still experiencing negative pressure, the trend has not yet managed to move above the WMA/85 area of ??2,600,000 – 3,000,000 determining further strengthening with EMA/200 will be the next Resistance.

2.Moonft (MTC)

On the 1 Day chart, it can be identified that Moonft (MTC) has not experienced any significant price changes that are fluctuating enough, where it is still moving stagnantly. This is inseparable from the inability of the trend to break from the Resistance area of ??1,800 – 2,500.

3.CyberHarbor (CHT) 

There is no significant movement from CyberHarbor (CHT), a similar thing is also indicated by the MACD indicator with no confirmation of the direction of the trend movement, CyberHarbor (CHT) is still indicated in the Bearish zone by moving Sideways.

4.LeverFi (LEVER)

The trend managed to penetrate the EMA/200, but LeverFi (LEVER) experienced a fairly deep weakening that caused the trend to move back below the EMA/200 and continue the Bearish phase movement, one of the factors was that no Candles were formed above level 50.

5.Everscale (EVER) 

The RSI indicator is moving up towards the Overbought area, but is not in line with the trend movement which shows a stagnant movement where the trend is still being held back by the WMA/85 requiring more time to confirm the next direction of movement.

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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