DFI.Money (YFII) occupies the top position of bullish crypto assets! What crypto assets are indicated to be bullish this week? Let’s see!

5 Bullish Crypto Assets

• DFI.Money (YFII)

The 1-day chart shows that YFII has experienced a reasonably high strengthening. Since it was in the bullish zone on October 12, 2022, YFII has strengthened to around 90% and penetrated areas such as 190,000 and 224,000. Movement The current trend is illustrated by the Bollinger Bands indicator, which will fluctuate with the expectation that it will try to penetrate the 325,000 level.

• dYdX (DYDX)

The indication of strengthening on the DYDX is still wide open. The MACD indicator illustrates that the trend is on a positive path with a positive histogram, and strengthening will try to penetrate the 40,200 level. The next level is available at the 45,000 – 50,000 level.

• Metadium (META)

The META movement is indicated to be in the Sideways zone with a range of activity in the 450 – 500 area and confirmed by the price being able to break resistance so that the Bullish trend cannot be avoided. Even though the price had weakened and tested the EMA/200, this did not become a negative direction followed by a strengthening trend.

The price will fail to survive in the bullish zone if the price weakens deep enough and breaks several support levels, such as 10,000 and 480.

• Multi-collateral DAI (DAI) 

The Bollinger Bands indicator indicates if prices move within a range that is not too volatile but has a positive strengthening direction, breaking resistance levels such as 15,000 and 15,500. The trend will form a strengthening movement if the price can strengthen and form an entire candle above the 16,200 level.

The MACD indicator illustrates that the current trend is in the negative zone with confirmation of the low line crossing. The weakening will test the support level around 15.010.

• Binance USD (BUSD)

BUSD continued its positive trend movement after being stuck at the level of 15,080 – 15,100 until it almost penetrated the EMA/200 but with positive momentum that was strong enough to make BUSD able to break that level. The positive candle direction will move to get past the 16,200 level.

If you look at the 1-hour chart, the RSI indicator has moved from the Overbought area. The potential for weakness will try to stay above the 15,500 level.

5 Bearish Crypto Assets

• Waves (WAVES)

The Candle had broken the EMA/200 level, but this was not followed by WMA/75 and WMA/85 movements. The Candle movement, which was stuck at the 61,300 level in the Bearish WAVES zone, could not hold above the 47,000 – 51,000 level, so a profound weakening could not be avoided. A trend reversal will occur if WAVES breaks several resistance levels, such as 40,000, 50,500, and 52,500.

• Coti (COTI)

It was able to stay above the Support level of 1,540 – 1,615, but the pressure on the Sell side was massive enough to make the price weaken significantly sufficient to break through the Support level, touching the price of 1,200. The price will try to strengthen again to penetrate the nearest resistance level at 1.370. Meanwhile, if it weakens, there is a support level of 1,000.

• Zcash (ZEC)

The inability of the trend to strengthen and penetrate the 845,000 – 872,000 ensures ZEC is in the Bearish zone. The Bollinger Bands indicator illustrates the Zcash trend on the 4 Hours time frame, which is in a reasonably volatile phase in the Bearish area. A deep enough weakness will try to penetrate the 55,000 prices. A break of that price will make the ZEC decline even deeper.

• Klaytn (KLAY)

Based on the MACD indicator, indications of KLAY movement will move quite limited, with a range of around 2,500 – 3,200 activities that will be more volatile in the Bearish zone if one of these levels is broken. The Bearish site will fail to continue if the trend can hold above the 3,300 – 3,600 level.

• AIOZ Network (AIOZ)

On the RSI indicator, AIOZ was in the Oversold area but was able to move away from that level, but it was not comparable to the movement of the trend, which did not change much. The Bearish phase will deepen if the price breaks through 490, but inversely AIOZ Network will be able to correct the direction in the Bearish phase if it stays above the 900 level.

 

Note: If the EMA 5 crosses the WMA 75, 85, and 200 EMA lines and the lines intersect from the bottom up, the market trend tends to be bullish (bullish). Each table above shows that if the EMA 5 value is higher than WMA 75, 85, and EMA 200, the market tends to go up (bullish).

If the RSI and MACD values ??show the same condition, the market is showing the same trend. Overbought (overbought) or oversold (oversold) conditions indicate that the market is already at the point of changing the trend direction.

 

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