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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.

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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Tamadoge (TAMA) Price Outlook for September 22: TAMA/USDT Bulls Are Restoring Upside Focus

Tamadoge (TAMA) Price Outlook for November 1: TAMA/USDT’s Upward Retracement Looks Promising

Observing the Tamadoge token price reveals an increase since the last analysis. Additionally, there are signs suggesting that price action may gain a significant boost at this point. Let’s examine the recent price developments in detail below. Key TAMA Statistics on November 1, 2024: TAMA Price: $0.0009470 Tamadoge Market Capitalization: $1.29M TAMA Circulating Supply: 1,417,967,390 […]

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BNB (BNBUSD) Price: Sellers May Push Price to Test $606.1 Level

BNB (BNBUSD) Price: Sellers May Push Price to Test $606.1 Level

Sellers may gain more momentum BNBUSD Price Analysis: 01 November Buyers may be able to push the price to test the $606.1 and $642.3 resistance levels if they can hold onto the $557.9 support level and break above the $586.5 resistance level. It is expected that BNB will challenge the previous lows of $537.0 and […]

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Ethereum Slumps Below $2,700 Under Severe Selling Pressure

Ethereum Slumps Below $2,700 Under Severe Selling Pressure

Ethereum (ETH) Current Statistics The current price: $2,502.08Market Capitalization: $301,301,233,298.36Trading Volume: $21,048,523,304.62Major supply zones: $3,500, $4,000, $4,500Major demand zones: $2,500, $2,000, $1,500 Ethereum (ETH) Price Analysis October 31, 2024 Ethereum’s (ETH) price has slipped below its moving average lines under severe selling pressure. The decline was caused by the bull’s inability to maintain its bullish […]

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USDJPY Bounces Back into Resistance Zone Market Analysis - November 1 USDJPY has surged back to a key resistance area, offering potential insights for traders watching *forex signals*. The last swing high formed around 147.050, marking the end of a recent downtrend and establishing initial resistance. The subsequent breakout through this level signaled a bullish shift. However, buyers now face a challenge as a bearish order block at 152.990 limits further upward movement. USDJPY Key Levels Demand Levels: 147.050, 144.500 Supply Levels: 152.990, 158.000, 160.100 USDJPY Long-Term Trend: Bullish In September, USDJPY broke above a descending trendline, sparking a bullish reversal. At this point, the Hull Butterfly indicator confirmed the trend shift, turning green and indicating bullish momentum on the daily chart. The price advanced within a narrow rising wedge, visible on the 4-hour timeframe. A bullish breakout from this pattern pushed USDJPY up into the 152.990 supply zone. Here, resistance from the bearish order block halted the uptrend, sending the price back to test support within the wedge. USDJPY Short-Term Trend: Bullish Support from the bullish wedge structure enabled buyers to re-enter, pushing USDJPY back into the bearish order block. Price action has since become choppy, reflecting strong resistance at this level. *Forex signals* could be critical in identifying potential breakout or retracement points here. A sustained breakout above 152.990 could open the door for further gains, potentially pushing the price toward 160.100. For now, the market remains range-bound, with bulls and bears locked in a struggle around the resistance. Until a clear breakout occurs, sideways movement may persist.

USDJPY Bounces Back into Resistance Zone

Market Analysis – November 1 USDJPY has surged back to a key resistance area. The last swing high formed around 147.050, marking the end of a recent downtrend and establishing initial resistance. The subsequent breakout through this level signaled a bullish shift. However, buyers now face a challenge as a bearish order block at 152.990 […]

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AUDJPY Lurks at Resistance Zone

AUDJPY Lurks at Resistance Zone

Market Analysis – November 1 The AUDJPY bulls are struggling to break past resistance. The key resistance at 100.380 has halted bullish progress, resulting in a sideways price movement. This range reflects a strong contest between bulls and bears, each holding firm. AUDJPY Key Levels Demand Levels: 95.460, 93.740, 89.990 Supply Levels: 100.380, 102.680, 104.640 […]

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