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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.

Avalanche Price Forecast: AVAXUSD Bearish Momentum Intensifies as Sellers Target Lower Levels

Avalanche Price Forecast: AVAXUSD Bearish Momentum Intensifies as Sellers Target Lower Levels

Avalanche Price Forecast – October 31st The Avalanche price forecast shows the market is experiencing amplified bearish momentum as sellers successfully breach crucial support zones. AVAXUSD Long Term Trend: Bullish (Daily Chart)Key Levels Support Levels: $25.900, $28.000Resistance Levels: $22.800, $22.000Currently trading below the $25.900 mark, the Avalanche bearish sentiment appears to have gained traction, with […]

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TONUSD Price Forecast- Toncoin Sellers Gain Momentum Amid Downward Pressure

Toncoin Price Forecast- TONUSD Sellers Gain Momentum Amid Downward Pressure

Toncoin price forecast– October 31st Toncoin price forecast shows the market continues to face intense selling pressure as the bearish sentiment dominates the market, driving prices below critical support levels. TONUSD Long-Term Trend: Bearish (Daily Chart)Key Levels Resistance Levels: $5.160, $5.500Support Levels: $4.470, $4.200Since hitting resistance at $5.160, Toncoin crypto has struggled to maintain upward […]

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USOil Price Rise to Fill Market Gap

USOil Price Rise to Fill Market Gap

Market Analysis – November 1 USOil index remains in a long-term bearish trend, with a downward-sloping trendline defining the daily chart. Since 2023, the key demand zone at 67.970 has held firm, forming a descending triangle pattern. Recent price action saw a gap into this zone, prompting a bounce off the demand level as the […]

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Gold (XAUUSD) sustains bullish rampage

Gold (XAUUSD) Sustains Bullish Rampage

Market Analysis – October 30 The Gold market is very bullish during this season. The market has reached a new all-time high at 2790.0. The market structure is well aligned within a bullish wedge. The price action seems to show a continuing uptrend even within the high volatility. Gold key levels Demand Levels: 2673.0, 2531.0, […]

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Stocks Rally as Amazon Boosts U.S. Markets Amid Weak Jobs Report

Stocks climbed Friday, driven by Amazon’s strong performance, which lifted major U.S. indexes despite a mixed jobs report. Wall Street’s anticipation of a potential interest rate cut next week bolstered investor sentiment, as the report showed weaker-than-expected employment figures with some unusual distortions. The S&P 500 gained 0.4%, recouping part of Thursday’s sharp decline, its […]

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Will Today’s $2B Bitcoin Options Expiry Spark a Crypto Market Recovery?

Crypto markets are closely watching this Friday’s Bitcoin options expiry, which has stirred anticipation of increased volatility. Approximately 28,000 Bitcoin options contracts, worth around $2 billion, will expire on Nov. 1, creating potential ripple effects on prices. This week’s expiry is more modest compared to last Friday’s, which saw more than twice the value of […]

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Stacks Anticipates Nakamoto Upgrade for Speed and Security Boost

Stacks Anticipates Nakamoto Upgrade for Speed and Security Boost

Stacks (STX) is preparing for the Nakamoto upgrade, set for October 29, 2024. This significant upgrade aims to enhance transaction speed and scalability by enabling Stacks to process transactions independently of Bitcoin’s block intervals. As a Bitcoin layer-2 network, this change allows for rapid confirmations while maintaining Bitcoin’s high security standards. The Nakamoto update addresses […]

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Stablecoin Market Reaches $173 Billion as USDT Celebrates 10-Year Milestone

Stablecoin Market Reaches $173 Billion as USDT Celebrates 10-Year Milestone

The stablecoin sector continues to grow stronger, with total market value hitting $173 billion in October 2024, according to CCData’s latest research report. This marks the thirteenth straight month of growth for these digital assets that maintain a steady value by being tied to traditional currencies like the US dollar. Tether (USDT), the market leader, […]

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SPONGEUSDT Price Is Struggling to Break over $0.000136 Level

SPONGEUSDT Price Is Struggling to Break over $0.000136 Level

Buyers are picking up speed SPONGE (SPONGEUSDT) Price Analysis – 01 November The resistance levels of $0.000136, $0.000196, and $0.000330 in SPONGEUSDT market might be the following goals if the $0.000081 level holds. The $0.000006 and $0.000004 support levels can be examined if the $0.000081 support level is breached below. SPONGEUSDT Market Key levels: Resistance […]

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