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.
Market Analysis – October 16 GBPUSD bears eager for further decline. The market is witnessing a resurgence of bearish momentum. It looks like the bearish force is ready to dominate once again. The bulls have recently yielded to the mounting sell-side pressure. This developing sentiment may lead to a more substantial decline towards the 1.20320 […]
During an extended accumulation phase, Chainlink (LINK) piqued investors’ interest, with notable analysts like Altcoin Sherpa predicting an imminent price surge after more than 500 days of accumulation. Sherpa advised a Dollar-Cost Averaging (DCA) strategy, suggesting investors consider buying within the $5 to $7 range. Currently priced at $7.5, LINK shows signs of a potential […]
Bitcoin’s recent uptick in whale activity sparks optimism, thereby indicating a growing trend. This surge aligns with smaller investors moving up, showcasing a broadening interest in cryptocurrency. According to Glassnode data, whales sent about 21,000 BTC to exchanges within 48 hours. This coincided with a market rally that pushed Bitcoin above $26,000. Check out for […]
Arbitrum Price Forecast: October 16 The Arbitrum price forecast is for the market to return to its bullish track along its ascending trendline. Arbitrum Long-Term Trend: Bullish (1-Day Chart) Key Levels: Zones of supply: $0.9280, $0.8500 Zones of Demand: $0.8000, $0.7200 The Arbitrum market is looking to get on track with the ascending trendline. After […]
0x’s price action remains determined to achieve its upside target after experiencing a considerable gain today. However, bears have pushed back and caused prices to retract to lower levels. Despite these fluctuations, price action maintains a favorable position against headwinds. Key ZRX Statistics: Current 0x Protocol Value: $0.2330 0x Protocol Market Cap: $202,060,680 Circulating Supply […]
Bulls in the Tamadoge market broke through the $0.008200 resistance and have since established new support at a higher price level. Indications also align with the view that buyers may be preparing to re-enter above the $0.008400 mark. Key TAMA Statistics on October 16, 2023: Tamadoge Price: $0.008419 TAMA Market Cap: $11,935,637 Circulating Supply of […]
Quant Price Forecast: October 15 The Quant price forecast is for the market to strive to overcome the $87.60 resistance level and then push upward to $96.90. Quant Long-Term Trend: Bullish (1-day Chart) Key Levels: Zones of supply: $96.90, $87.60 Zones of Demand: $75.50, $62.30 Quant appears to be weighed down by a measure of […]
Lucky Block Market Prediction: October 16 The Lucky Block market prediction is the coin to keep up with its steady progress for a rally after it rises off the $0.0000260 support level. LBLOCK/USD Long-Term Trend: Bullish (1-Day Chart) Key Levels: Supply Zones: $0.0000880, $0.0000360 Demand Zones: $0.0000260, $0.0000200 LBLOCK is sandwiched between two critical levels, […]
Sponge is increasing towards $0.000136 SPONGE (SPONGEUSDT) Price Analysis – 16 October Should the $0.000081 level hold, the resistance levels at $0.000136, $$0.000330, and $1,786 may be the targets. In case the support level of $0.000081 is penetrated downside, then, the support levels of $0.000006 and $0.000004 may be tested SPONGEUSDT Market Key levels: Resistance […]
