Happy Monday! This time, Indodax Academy again discussed 5 bullish crypto assets and 5 bearish crypto assets in the Market Signal edition. What is unique about this edition is that there is one NFT that is present in the bullish asset list. Let’s find out what it is!

Although not all crypto assets have increased and not all crypto assets can be predicted, we hope this article can help you to trade more confidently on Indodax!

Here are 5 crypto assets that are bullish and bearish on the Indodax market.

5 Bullish Crypto Assets This Week

• Bitcoin (BTC)

First, there is Bitcoin which is showing a bullish performance. Even though it hasn’t touched the All Time High price yet, Bitcoin is still at the price of Rp. 800 million.

As mentioned in the previous market signal article, BTC was bought by several large American corporations, thus affecting the price increase. One of the well-known companies you might know is Tesla, Inc.

BTC/IDR
	805.800.000	-1,03 pct
low	800.101.000
high	817.000.000
vol 24h	48,1 BTC
Technical Analysis
		action
EMA 5	805.091.697	buy
WMA 75	742.427.788	buy
WMA 85	724.592.894	buy
EMA 200	484.667.725	buy
RSI (15)	53,1978	sell
MACD 12,26	15127992,4188	sell
Summary	BUY (4) SELL (2)

• THETA

The crypto asset that has seen its next increase in price is Theta.

THETA itself is a decentralized open source video delivery network with its own blockchain. Theta aims to solve the problem of the video streaming market in the existing industry by using its blockchain technology.

So, it is designed to incentivize bandwidth sharing, attracting users to actively attend and work for the Theta video streaming ecosystem.

THETA/IDR
	201.350	‘+15,61 pct
low	172.000
high	201.400
vol 24h	105671,8 THETA
Technical Analysis
		action
EMA 5	54.691	buy
WMA 75	48.547	buy
WMA 85	48.679	buy
EMA 200	43.205	buy
RSI (15)	69,8138	buy
MACD 12,26	2385,7853	buy
Summary	BUY

• Ontology (ONT)

Thirdly, the crypto asset that has recently entered the bullish list is ONT. In the last 24 hours, the lowest price was at Rp 21,292 and the highest price was at Rp 34,000.

	21.555	-6,33 pct
low	21.292
high	34.000
vol 24h	285481,4 ONT
Technical Analysis
		action
EMA 5	20.481	buy
WMA 75	15.802	buy
WMA 85	15.274	buy
EMA 200	10.999	buy
RSI (15)	68,3159	buy
MACD 12,26	1059,8755	buy
Summary	BUY (5)

• Ripple (XRP)

The crypto asset that has experienced the next price strengthening is XRP. One of the pioneers of this crypto asset is the transactional protocol used by Ripple, a platform built on the idea of ??a ledger network that requires multiple parties to participate in validating transactions that take place on its network.

XRP/IDR
	8.181	+6,37 pct
low	7.900
high	8.200
vol 24h	956853,5 XRP
Technical Analysis
		action
EMA 5	7.986	buy
WMA 75	6.597	buy
WMA 85	6.439	buy
EMA 200	5.418	buy
RSI (15)	61,7007	buy
MACD 12,26	126,347	buy
Summary	BUY

• Decentraland (MANA)

The fifth crypto asset that is bullish is MANA. MANA is a token used by Decentraland, a virtual reality platform built on top of the Ethereum network. There, you can build, explore 3D creations, play games, and socialize virtually. Really unique, this NFT!

With the rise of NFTs in the Blockchain world today. It can allow you to take steps from now on so you don’t miss out and can profit first before getting popular!

MANA/IDR
	16.866	+21,36 pct
low	13.607
high	17.200
vol 24h	1314339,4 MANA
Technical Analysis
		action
EMA 5	15.896	buy
WMA 75	13.451	buy
WMA 85	13.516	buy
EMA 200	10.226	buy
RSI (15)	76,4448	buy
MACD 12,26	376,9549	buy
Summary	BUY

Here Are 5 Bearish Crypto Assets This Week

• Saffron Finance (SFI)

Just like last week, the next dropping or bearish crypto asset is Saffron Finance (SFI). This crypto asset is one of the crypto assets based on DeFi.

SFI/IDR
	19.788.900	-3,00 pct
low	19430000
high	21000000
vol 24h	184,6 SFI
Technical Analysis (timeframe 4hr)
		action
EMA 5	19.917.871	sell
WMA 75	21.671.898	sell
WMA 85	21.930.025	sell
EMA 200	25.804.291	sell
RSI (15)	37,8477	sell
MACD 12,26	-496301,7487	oversold
Summary	SELL (5) OVERSOLD (1)

• SushiSwap (SUSHI)

The next drop in or bearish crypto asset is Sushi.

This token is a project from Uniswap with Sushi tokenomics. Sushiswap was launched last August.

As you know, Uniswap was launched about two years ago, and since then, Uniswap has become the most popular exchange among DeFi.

SUSHI
	223.380	-1,66 pct
low	218.011
high	238.000
vol 24h	22764,1 SUSHI
Technical Analysis (timeframe 4hr)
		action
EMA 5	225.712	sell
WMA 75	247.855	sell
WMA 85	251.358	sell
EMA 200	256.661	sell
RSI (15)	26,0677	sell
MACD 12,26	-6193,5503	oversold
Summary	SELL (5) OVERSOLD (1)

• UMA

Next, the crypto asset that is experiencing a decline is UMA. This crypto asset has decreased in the past week. Even so, you can try UMA trading by learning the background of this project by visiting the website.

Built on top of the Ethereum network, UMA experiences quite interesting price increases and decreases in a 24 hour period. You can take advantage of this by trading using scalping techniques, you know!

UMA/IDR
	319.123	-6,53 pct
low	314000
high	326809
vol 24h	680,8 UMA
Technical Analysis (timeframe 4hr)
		action
EMA 5	318.769	sell
WMA 75	334.497	sell
WMA 85	336.589	sell
EMA 200	335.485	sell
RSI (15)	45,7894	buy
MACD 12,26	-3385,5549	oversold
Summary	SELL (4) BUY (1) OVERSOLD (1)

• Chainlink (LINK)

Next there is LINK. This token is used to pay node operators to retrieve data from the off-chain data feed, and format the data into a format that can be read by the blockchain.

LINK/IDR
	391.679	-2,27 pct
low	383500
high	399998
vol 24h	4476,8 LINK
Technical Analysis (timeframe 4hr)
		action
EMA 5	390.547	sell
WMA 75	402.440	sell
WMA 85	404.505	sell
EMA 200	407.989	sell
RSI (15)	48,5155	buy
MACD 12,26	-2147,7345	oversold
Summary	SELL (4) BUY (1) OVERSOLD (1)

• Yearn Finance (YFI)

Finally, there is YFI, which will experience a price decline during the next week.

In addition, YFI also seems to have not provided information regarding technology upgrades and others.

YFI/IDR
	477.909.000	-2,95 pct
low	470.001.001
high	491.000.000
vol 24h	1,2 YFI
Technical Analysis (timeframe 4hr)
		action
EMA 5	521.798.099	sell
WMA 75	521.233.029	sell
WMA 85	522.709.663	sell
EMA 200	519.604.626	sell
RSI (15)	49,5712	buy
MACD 12,26	101248,9563	buy
Summary	SELL (5) BUY (2)

NOTE: If EMA 5 crosses the WMA 75, 85 and EMA 200 lines and these lines intersect from bottom to top, the market trend tends to go up (bullish),
In each table above, it shows that if the value of EMA 5 is higher than WMA 75.85 and EMA 200 then the market tends to rise (bullish).

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

ATTENTION: All content which includes text, analysis, predictions, images in the form of graphics and charts, as well as news contained on this website, is only used as trading information only, and does not constitute a suggestion or suggestion to take an action in a transaction whether to buy or sell certain crypto assets. All crypto asset trading decisions are independent decisions by the user. Therefore, all risks arising from it, whether it is profit or loss, are not the responsibility of Indodax.