USDT (USDT) this week occupies the first position of a bullish crypto asset! Next, what other crypto assets are indicated to be bullish? Check it out here in full!
5 Bullish Crypto Assets
The 1-day time frame illustrates that if USDT has a positive trend, prices always move above WMA/85 and cannot penetrate EMA/200. Positive signals will continue if USDT can break the 16,000 price level or stay above the 15,300 level.
Indicators, such as the RSI, indicate if the current trend’s direction is away from the Overbought area, with indications of weakness which, if it occurs, will test the 15,360 level.
Lyfe Land (LLAND)
The 4-hour LLAND movement looks quite dynamic, having previously consolidated around 54,000 – 62,000. The resistance level was broken so that the positive trend strengthened and confirmed the bullish phase.
The MACD indicator shows that if the trend is in the negative zone, a weakening of the chart will indicate a heading to the 65,000 level if this level is broken. The following support level is in the 53,900 – 58,000 area.
Having touched the price of 44, which is the highest price for Telcoin since 13 May 2022, the price experienced a significant weakening until it penetrated the EMA/200 but experienced a rebound because the Candle was unable to get past level 21. If the price stays above WMA/75, it will increase the chance of breaking through the Resistance area at levels 36 – 44.
Based on the MACD indicator, it is estimated that Litecoin is in the weakening zone because the two lines have crossed downwards. Still, the weakening will be more limited for LTC, which has been able to penetrate the 930,000 – 951,000 area so that it will have positive momentum to strengthen up to the 1,040,000 level. The weakening will test the strengthening of the Support level 938,000 – 942,000.
ABBC Coin (ABBC)
After ending the long Sideways phase in the movement range 2.160 – 2.810 by breaking the Resistance level, the ABBC Coin trend was more robust in the Bullish phase. It touched the price of 4,370, but the RSI indicator showed that the trend was already in the Overbought area, causing the price to be unable to strengthen any higher and experience a correction. Strengthening will remain wide open if the Candle can move above WMA/85 with an indication of the Resistance level available at 3,600.
5 Bearish Crypto Assets
The Sandbox (SAND)
On the one-day chart, the EMA/200 down break became a negative momentum for The Sandbox, weakening deep enough to break several support levels, such as 35,000 and 26,000. The Bollinger Bands indicator illustrates if the two lines are far from each other, indicating that The Sandbox will fluctuate.
The dynamic trend movement will create opportunities for strength and weakness wide open. If it strengthens, it will move towards the price of 11,400, while reversing with this assumption, the weakening will test the 8,900 level.
Origin Protocol (OGN)
The inability to stay above the Support level of 2,000 – 2,200 makes the price weaken and confirms it is in the Bearish zone. The trend will move to correct the weakness if it can hold above the 2,000 level. The RSi indicator requires further confirmation to confirm the trend direction.
Sideway movement colored the movement of KSM within one day, with a movement range of 510,000 – 665,000. Then on November 9, the support level was broken, which confirmed the end of the Bearish Sideways phase. Currently, the trend is trying to stay above the price of 333,000 – 372,000.
The downward trend since TITAN was in the Bearish zone is quite profound. Currently, the price is moving in the Sideways phase in the price range of 1.180 – 1.630, which is in line with changes in the movement of the RSI indicator, which does not significantly impact changes in the price of TitanSwap.
Some additional analysis tools in the form of indicators used, such as the RSI and MACD indicators, indicate that the KOK is moving flat in the 4-hour time frame. The movement will move more volatile again if prices can penetrate between 1,700 – 2,000. Assuming that the price will move positively towards the level of 2,400, meanwhile, if it impacts negatively, the trend will try to get out and penetrate the price of 1,650.
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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