Azeez Mustapha is a trading professional, currency analyst, signals strategist, and funds manager with over ten years of experience within the financial field. As a blogger and finance author, he helps investors understand complex financial concepts, improve their investing skills, and learn how to manage their money.
Quant Price Forecast: May 18 The Quant price forecast is for the coin to leverage the support from $101.30 to overcome the $106.90 resistance level and then shoot upward. Quant Long-Term Trend: Bullish (1-Day Chart) Key Levels: Zones of supply: $134.20, $125.25, $115.00 Zones of Demand: $101.30, $87.56, $76.10 The Quant Market is on the […]
Market Analysis – May 14 Gold has reached its all-time high again after the change in market direction in 1612.0. The months of October until the current time were used to produce a buy-side delivery of the bearish swing from 2068.0 to 1612.0. Gold Major Levels Resistance Levels: 2068.0, 2043.0 Support Levels: 1978.0 1612.0 Gold […]
What Does Arbitrum Imply? Arbitrum, a layer-2 scaling solution for Ethereum, employs optimistic rollups. It is an alternative layer-2 scaling for Ethereum devised to enhance velocity, expandability, and cost-effectiveness. It has experienced tremendous proliferation since its belated 2021 launch and is presently the most prevalent L2 solution by Total Value Locked (TVL). What Are the […]
Due to the issue of regulations and interference from regulators, investors, particularly in the EU, are starting to switch their attention to Chainlink. As regulators continue to push back against their legitimacy, cryptocurrencies are being stalked throughout their consolidation phase. Additionally, Chainlink is a major player in the cryptocurrency industry in terms of data processing. […]
FTSE Analysis – May 16 The FTSE 100 bears enacted a resolute and concerted bearish rally, initiating a tumultuous odyssey in recent weeks. With ardent resolve, they diligently endeavor to steer the market toward an elusive bullish ascendancy. However, their aspirations met an impasse in proximity to the substantial echelon of 7972.990, affording the sellers […]
The Australian dollar experienced a bit of a stumble as the latest jobs report fell short of expectations, resulting in an uptick in the unemployment rate. This unexpected turn of events might provide some respite from soaring prices and could potentially dissuade the Reserve Bank of Australia (RBA) from considering an interest rate hike in […]
Bitcoin, the reigning king of cryptocurrencies, is grappling with a persistent thorn in its side—scalability issues. These challenges have once again reared their heads, causing a drop in network usage and setting a record low for Bitcoin’s daily unique addresses performing transactions. On Thursday, May 18, the number dipped below 800,000, marking a 22-month low […]
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The bullish momentum is increasing in Sponge market SPONGEUSDT Price Analysis – 18 May As soon as the Sponge breaches the $0.00065 resistance level, which is followed by the $0.00087 and $0.00098 barrier levels, bullish momentum will pick up speed. Also, the price may move above $0.00098 due to an increased push from the bulls. […]
Key Resistance Levels: $10, $12, $14Key Support Levels: $8, $6,$4 Polkadot (DOT) Price Long-term Trend: BearishPolkadot (DOT) is falling below the moving average lines as it recoups for an uptrend. The altcoin’s selling pressure decreased when it hit a low of $5.18. DOT price has been consolidating above the existing support for the past week. […]
