This week, the bullish crypto asset lineup is led by Ripple (XRP) in the first position, and followed by MANTRA (OM) and JasmyCoin (JASMY).

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5 Bullish Crypto Assets

1. Ripple (XRP)  

The weakening of the price of Ripple (XRP) has a negative impact on the trend, touching the Oversold area on the RSI indicator indicates that the weakening of Ripple (XRP) is deep enough, but this is a turning point for the change in the trend of Ripple (XRP) where the price has strengthened with the 8,275 – 8,700 area being broken into one of the confirmations of the end of the Bearish phase.

The trend is trying to test the strength of Resistance at 10,000 – 10,530, assuming this price is passed, the opportunity to go to 11,500 is quite large.

2. MANTRA (OM)  

The MANTRA (OM) trend on the 4-hour chart is still indicated to be in a bullish phase, the candle is still moving up in line with the movement of the WMA / 75. The closest support is in the area of 19,500 – 20,500 with this area passed by Candle allowing the MACD indicator line to move negatively.

3. JasmyCoin (JASMY)

The 4-hour time frame indicates that JasmyCoin (JASMY) is currently held by the WMA / 85 with the trend indicated by the MACD indicator in a positive direction, if the trend movement moves in line then try to test the 550 – 720 Resistance area.

4.. Wrapped NXM (WNXM)

Wrapped NXM (WNXM) has been on a Bullish trend since March 11, 2023, with prices briefly touching the 1,550,000 level range. Indications to strengthen will be wide open, if the trend is still moving above the WMA/75 which must be supported by candles formed above the level of 1,180,000 – 1,400,000.

5. Ethereum Name Service (ENS)

The trend can still stay above the WMA / 85, encouraging positive changes in the price of Ethereum Name Service (ENS) to possibly occur, the Resistance area 460,000 – 570,000 is the key for Ethereum Name Service (ENS) if it wants to strengthen the Bullish phase change.

5 Bearish Crypto Assets

1. Celsius (CEL)

The inability of the price to strengthen again and move above the EMA/200, made Celsius (CEL) fail to stay in the Bullish trend and continue the price movement in the Bearish phase. The price is stuck at the Support level of 3,500 – 5,100 the break of this level will make the Bearish trend even deeper.

2. Dao Maker (DAO)

The use of trends at 4 hours can be identified if Dao Maker (DAO) is in a Downtrend, where price weakness follows the direction of price movement with Dao Maker (DAO) experiencing a correction of more than 30%. The price of 6,870 is a crucial support for Dao Maker (DAO) with the break of this price will make Dao Maker (DAO) touch its latest low price.

3. Cosmos (ATOM)

A Bullish phase will be created if Cosmos (ATOM) can break and hold above the price of 170,000 – 190,000 with this realized it will have an impact on the break of the EMA/200 as well as several Resistance such as 115,000 – 120,000 and strong levels 130,000 – 150,000.

4. Uniswap (UNI)

The realization of Uniswap (UNI) price improvement will occur, with a candle formed above the WMA / 85 will increase the opportunity for Uniswap (UNI) to strengthen then the trend is assumed to try to pass the 140,000 – 147,000 area.

5. Enjin Coin (ENJ)

The trend that was unable to make candles above 6,000 – 6,500 ensured that resistance could not be passed, Enjin Coin (ENJ) weakened and confirmed that a bearish trend occurred. The price weakness that occurs will test the Support level of 2,500 – 3,200 passed this level, the potential to weaken will be even stronger.

NOTES:

If the EMA 5, crosses the WMA 75, 85 and EMA 200 lines, and the lines intersect from bottom to top, then the market trend is upward (bullish).

Each table above shows that if, the value of EMA 5 is higher than WMA 75, 85 and EMA 200, then the market is trending up (bullish).

If the RSI and MACD values show the same condition, it means that the market is showing the same trend, overbought (overbought), or oversold (oversold) conditions are one indicator that the market is at the point of changing the direction of the trend.