This week, the bullish crypto lineup is led by Tether Gold (XAUT) in first place, followed by Pax Gold  (PAXG).

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

2 Bullish Crypto Assets

1.Tether Gold (XAUT)    

Holding above the 85-day moving average (WMA) indicates positive momentum for Tether Gold (XAUT). Weakening could allow Tether Gold (XAUT) to test the strength of the 75,000,000-80,000,000 support area.

2.Pax Gold  (PAXG)    

Pax Gold (PAXG) is trending bullishly, with the MACD indicator showing a negative trend. Pax Gold (PAXG) has yet to break through the resistance level of 95,000,000 – 100,000,000.

5 Bearish Crypto Assets

1.Bitcoin (BTC)

Bitcoin’s (BTC) movement is inconsistent. The MACD indicator shows that Bitcoin (BTC) is heading in a positive direction with wide-open gains. However, the price is still unable to break through the 85-day Moving Average (WMA).

The nearest resistance is in the price range of 1,250,000,000 – 1,350,000,000. If Bitcoin (BTC) can break through this range, it is expected to be a positive sign.

2.Ethereum (ETH)

Moving in the Sideways Bearish range of 30,000,000 – 39,000,000 Ethereum (ETH) did not experience significant movement by remaining limited to that price range.

3.Pepe (PEPE)

The trend is depressed with a negative tendency, Pepe (PEPE) failed to break through 0.08 – 0.11 so that Pepe (PEPE) is still moving below WMA/85.

4.XRP (XRP) 

The candle failed to break through 35,000 – 42,000, negatively impacting the overall trend movement. XRP (XRP) was confirmed in a Bearish phase with the price having weakened by 30%.

5.Solana (SOL) 

Strengthening will be formed by maintaining the candle above 1,600,000 – 2,100,000, which is an indication that Solana (SOL) can break through the WMA/85.

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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