Azeez Mustapha

News Reporter

Azeez Mustapha is a foreign exchange trader, a market analyst at InstaForex (www.instaforex.com) and Tallinex.com, a blogger at ADVFN.com and a freelance author for trading magazines and websites, including www.ituglobalforex.blogspot.com. He has broad experience in forex trading, coaching and funds management. Outside of work, Azeez’s interests are literature, good music and keeping fit.

Articles by Author

Litecoin (LTC) Price Analysis April 30

Yesterday, the price of Litecoin was in a bearish trend after it was resisted at the $76 price level. This bearish trend had been ongoing since April 7, after the bulls were resisted at the $96 price level. On April 29, the crypto’s price fell to a low at $70.93.

Monero (XMR) Long Term Price Analysis April 30

XMR/USD Long-term Trend: Ranging Resistance levels: $70, $80, $90 Support levels: $60, $50, $40      The XMRUSD pair had been trading between the levels of $62.50 and  $72.50 in the month of April. The bulls failed to break the $72.50 resistance level compelling the crypto’s price to be in a range bound movement. Nevertheless, on April […]

XRP Price Analysis April 30

Yesterday, April 29, the XRP price was in a range bound movement below the 12-day EMA and the 26-day EMA. On April 26, a bullish candlestick broke the bearish trend line signaling the end of a bearish trend.

NEO Long-term Price Analysis- April 30

NEO continues in the downtrend in its long-term outlook. The bears sustained the momentum with the break of the lower line of the bearish flag occurred on 23rd April with a drop to $10.32 in the demand area

CARDANO (ADA) Long-term Price Analysis- April 30

ADA continues in a range-bound market in its long-term outlook. The lower demand area of the range at $0.07000 was broken on 25th April.

Bitcoin (BTC) Price Analysis April 27

Last week the BTCUSD pair was in a bullish trend zone.The bulls reached a high above the $5,600 price level and were were resisted. The price fell to a low at $5,215.60 and resumed its bullish trend. This week the price levels to watch are the $5,200 and $5,400 price levels.

XRP Price Analysis April 29

Last week the XRP price was in a bearish trend and the bearish trend was terminated on April 26. The crypto’s price fell from the high of $0.33 to the $0.29 support level. On April 26, a bullish candlestick broke the bearish trend line signaling the end of the bearish trend

EOS Price Analysis April 29

EOS is in the uptrend in its medium-term outlook. The strong bullish pressure broke $4.90 of the upper supply area of the range shortly after yesterday’s opening.

TRON (TRX) Long-term Price Analysis April 28

The price of TRON’s TRX against the US dollar is currently moving within a specific range, which is close to its two SMA indicators. The 50-day SMA has been on the rise, and recently surpassed its 14-day SMA.

XRP Long-term Price Analysis – April 28

The price of XRP has been slowly depreciating while moving within a range against the US dollar over the last few trading sessions. The crypto’s range is currently defined between the $0.35 and $0.30 marks. A short decline on April 24 saw its price intercept both its SMAs.

Bitcoin (BTC) Long-term Price Analysis April 28

The price of Bitcoin is currently trading within the $5,500 and $5,000 marks, as it has been doing for the past few trading sessions. The cryptocurrency has been losing some of its value for a while, after hitting the $5,500 mark briefly.

EOS Long-term Price Analysis – April 27

The price of EOS has been under selling pressure for the whole week. The crypto began the first few trading sessions by dropping from a $5.5 high, but has since started dropping, so much so it’s currently close to the 50-day SMA and $4.5 mark.

Ethereum (ETH) Long-term Price Analysis April 27

After going through a specific trading range for a few days, Ethereum’s price dropped on April 25, during a process that weakened the cryptocurrency to the point it went under the $160 mark. The crypto’s 14-day SMA is barely within its former $160 to $180 range.

Ethereum (ETH) Price Analysis April 26

Yesterday, April 25, the price of Ethereum was in a bearish trend. An initial bearish trend from April 9 ended on April 15 when faced with the support at the 26-day EMA. A second bearish trend started on April 19 but ended on April 25. 

XRP Price Analysis April 26

From its daily chart, XRP‘s price appears to be going down. The $0.29 support level managed to hold on long enough for the bulls to take over once again. XRP’s bearish trend line has been broken by a bullish candlestick, but we now need to wait for a candlestick to confirm we’re on the opposite side of the trend.

TRON (TRX) Price Analysis April 26

TRON’s TRX is in a range-bound trend in its medium-term outlook. The breakout to $0.02550 in the supply area occurred due to bullish pressure. The crypto’s subsequent drop to $0.02251 shows there’s also a lot of pressure on the bears’ side, meaning the crypto is trading within a range.

EOS Price Analysis April 26

EOS is still consolidating in its medium-term outlook. A large bearish candle at $4.82 broke the lower demand area of the range before the end of yesterday’s trading session. $4.53 ended up being the day’s low

Monero (XMR) Price Analysis April 25

 The price of Monero is in a range bound movement. THe crypto’s price has been trading between the levels of $64 and $72. The bulls failed to break the $72 resistance level.

Cardano (ADA) Price Analysis April 25

The price of Cardano is in a bearish trend. The crypto’s price had in the last two weeks traded between the levels of $0.0800 and $0.0900 in a tight range. On April 19, the bears broke the lower price range and it is approaching the support at $0.069 77 price level.

XRP Price Analysis April 25

The XRPUSD pair is trading in the bearish trend zone. Yesterday, the crypto’s price fell to the low at $0.30280. Today, the bears have reached the low at $0.29 price level. It is likely that the price will reach the low at $0.28.

TRON (TRX) Price Analysis April 25

TRON continues in a downtrend in its medium-term outlook. The bearish impulse move to the downside dropped TRX to $0.02300 in the demand area.

Ethereum (ETH) Price Analysis April 24

On April 18, the price of Ethereum was in a bullish trend. The bulls reached a high of $176 but the bulls could not sustain the price above the 12-day EMA. The bulls were resisted and price made a correction to the $166 support level or at the 26-day EMA.

Bitcoin (BTC) Price Analysis April 24

Yesterday (April 23), the BTCUSD pair was in the bullish trend zone. The bulls were facing resistance at the $5,650 resistance level. Today, the bulls were resisted as the price fell and broke the 12-day EMA and it is now approaching the 26-day EMA.

EOS Price Analysis April 24

EOS is in a bearish trend in its medium-term outlook. With the inverted bearish pinbar formation at $5.54 in the supply area as the market opened yesterday, the bears took control of the market.

XRP Price Analysis April 24

The bears broke the 12-day EMA and the 26-day EMA to reach the bearish trend zone. The bears also broke the $0.33, $0.32, and $0.31 price levels. The crypto’s price is approaching the low of $0.29.

TRON (TRX) Price Analysis April 24

TRON continues in a downtrend in its medium-term outlook. The bulls had a brief control of the market with price up at $0.02539 in the supply area during yesterday’s session as the bearish flag matures.

Monero (XMR) Long Term Price Analysis April 23

The price of Monero is in a bullish trend. The crypto’s price is moving above its 12-day EMA and its 26-day EMA. XMR’s price has been facing resistance at the $72.50 level since April 3. On April 8, the bulls tested the resistance and were resisted.

Cardano(ADA) Long-term Price Analysis- April 23

Cardano’s ADA is in a range-bound trend in its long-term outlook. The bears kept on pushing the cryptocurrency’s price down, as predicted last week. The cryptocurrency closed the week at $0.07497 in the demand area.

NEO Long-term Price Analysis- April 23

NEO remains in a bearish trend in its long-term outlook. The bulls made a brief comeback within the bearish flag formation on 18th April with a push to $11.49 in the supply area.

EOS Price Analysis April 22

EOS is consolidating in its medium-term outlook. The formation of long-tail doji candle at $5.54 in the demand area implies exhaustion, as the markets ended yesterday on a bullish trend. EOS rose to $5.54 in the supply area but saw its advanced get rejected at the 10-day EMA.

XRP Price Analysis April 22

Last week XRP was in a bullish trend. The bulls broke the 12-day EMA and the 26-day EMA to hit a high of $0.33921. On April 18, a bullish candlestick tested the $0.35 resistance level and but failed to break it.

TRON (TRX) Price Analysis April 22

TRON’s TRX is in a downtrend in its medium-term outlook. The bears managed to keep controlling the market during the weekend with TRX’s price remaining below its EMAs’ crossover, within the range. The lower demand area of the range at $0.02550 was broken shortly after yesterday’s session opened.

XRP Long-term Price Analysis – April 21

After witnessing a line of declines, the XRPUSD market has now entered a range moving manner below $0.35 horizontal line. During the falling process, the pair got to drop to touch its 50-day SMA for a number of days.

TRON (TRX) Long-term Price Analysis April 21

The TRXUSD market has resorted to featuring a chain of range price movements after an April 11 decline. The market weakly averaged a trade point at $0.025 on the following day, April 12, and since then, there has been an occurrence of the range movements.

Bitcoin (BTC) Long-term Price Analysis April 21

The Bitcoin (BTC) market valuation hasn’t been able to move strongly in the market as well as its counter currency i.e. the US dollar. Therefore, the cryptocurrency’s price value has continued to push around in range spots located at $5,500 and $5,000 marks.

EOS Long-term Price Analysis – April 20

The ETHUSD market has been mostly keeping a range move around the $5.50 mark.

Ethereum (ETH) Long-term Price Analysis April 20

The market valuation of ETHUSD remains around the same ranging spots of $180 and $160 marks that it has kept for quite a while. The market’s current price action has now made those two trade points to be vital in determining the next direction of the crypto-trade.

Bitcoin (BTC) Price Analysis April 19

The price of Bitcoin (BTC) has been trading in the bullish trend zone. The crypto’s price is above the 12-day EMA and the 26-day EMA, indicating that price is likely to rise. Yesterday, the crypto’s price rose and reached a high of $5,310.90 but the bulls were resisted.

TRON (TRX) Price Analysis April 19

TRON (TRX) remains in a range-bound market in its medium-term outlook. The bearish momentum was strong with the close of yesterday candle an inverted hammer at $0.02700.

Ethereum (ETH) Price Analysis April 19

The ETHUSD pair is in a bullish trend zone. Yesterday, the crypto’s price was in a bullish trend as it reached a high of $173.15 but the bulls were resisted. The crypto’s price is retracing, and it may fall to the support of either 12-day EMA or the 26-day EMA.

XRP Price Analysis April 19

Yesterday, the XRPUSD pair was in the bullish trend zone. The bulls failed to break the $0.35 resistance level. However, the bullish trend has been terminated as the candlestick wick is testing the $0.33000 price level. On the downside, if the bulls fail to defend the $0.33000 price level, the crypto’s price is likely to fall to the low at $0.32600.

TRON (TRX) Price Analysis April 18

TRON remains in a range-bound market in its medium-term outlook. The bulls had control of the market with the break at the 50-EMA as the market opens today at $0.02678

Monero (XMR) Price Analysis April 18

The XMRUSD pair is trading between the levels of $62.50 and $72 in the last two weeks. The bulls could not break the $72 resistance level since April 2. If the price breaks the resistance level, the breakout will be powerful as it has been tested on on more four occasions.

Cardano (ADA) Price Analysis April 18

The price of Cardano is now in a range bound movement. The bulls had failed to break the $0.0910 resistance level in the last two weeks. The crypto’s price is now in a tight range between the levels of $0.0800 and $0.0900.

XRP Price Analysis April 18

The XRPUSD pair is in the bullish trend zone as the bulls broke the  $0.33 and $0.34 price levels. The crypto’s price is making a series of higher highs and higher lows.

XRP Price Analysis April 17

The price of XRP is in a bearish trend, fluctuating over the $0.32 level. Yesterday, the crypto was in a bullish trend as its price rose to $0.3277, but soon fell back from said point.

Ethereum (ETH) Price Analysis April 17

Ethereum’s price is in a bullish trend. On April 8, the bulls managed to bring ETH to a high of $187.98. The bulls faced resistance at the $184 level and  as a result the price fell to a support at the 12-day EMA. The crypto’s price ranged above the 12-day EMA and was resisted again at the $170 level.

EOS Price Analysis April 17

EOS is consolidating in its medium-term outlook. Exhaustion at $5.21 in the demand area implies bearish momentum has been dropping, as shown by a bearish candlestick seen on April 15. Bullish pressure saw the crypto’s price go past its EMAs and hit $5.57 during yesterday’s trading session. 

Bitcoin (BTC) Price Analysis April 17

Bitcoin has been trading in the bullish trend after the bulls tested the $5,400 resistance level and were resisted. Since April 10, the bulls have been testing the $5,400 level and BTC’s price fell to a support at the $5,000 level. Bitcoin is now trading within a tight range between $5,000 and $5,200.

Litecoin (LTC) Price Analysis April 16

The LTCUSD pair had been on our downward trend since April 6. The downward trend was as a result of the inability of the bulls to break the $96 resistance level.  On April 11, the crypto’s price fell to the support of the 26-day EMA.

Monero (XMR) Long Term Price Analysis April 16

 The price of Monero is in a bearish trend after the bulls fail to break the $72.50 resistance level. The crypto’s price fell and broke the 12-day EMA but found support at the $62.50 price level.

XRP Price Analysis April 16

Yesterday, April 15, the XRPUSD pair traded in the bearish trend zone. The crypto’s price fell to a low at $0.32 price level. The XRP price is below the 12-day EMA and the 26-day EMA which indicates that the price is likely to fall.

NEO Long-term Price Analysis- April 16

NEO is in a bearish trend in its long-term outlook. At $10.61 in the demand area, the impulsive bearish momentum from $14.06 in the supply area was lost as indicated by the wicks in the candles

Cardano (ADA) Long-term Price Analysis- April 16

ADA is in a range-bound market in its long-term outlook. The strong bullish momentum that started the month was lost on 3rd April

Ethereum (ETH) Price Analysis April 15

Last week the ETHUSD pair was in a bearish trend. The bulls reached a high of $185.64 and were resisted. On  April 8, the crypto’s price made a downward movement to the support of the 12-day EMA.

TRON (TRX) Price Analysis April 15

TRON is in a range-bound market in its medium-term outlook. The bears’ pressure was weakening at $0.02569 in the demand area within the range on 12th April, with candles closing with wicks at the area.

XRP Price Analysis April 15

Last week the XRPUSD pair traded in the bullish and bearish  trend zones. In the bullish trend zone, the bulls tested the $0.37 resistance level and were resisted. The bears broke the 12-day EMA and the 26-day EMA to reach the bearish trend zone.

TRON (TRX) Long-term Price Analysis April 14

TRON’s TRX has been seeing its price decline against the US dollar in the last couple of days. On April 8, the cryptocurrency saw its value go up to around $0.031, but on the next day it quickly corrected to $0.025.

XRP Long-term Price Analysis – April 14

Roughly a week ago, XRP’s price was going down after it failed to break through the $0.40 mark during its bull run. Recently, the cryptocurrency traded at little over $0.35 for a few days, it has now breached the 14-day SMA southwards, and is trading close to its 50-day SMA.

Bitcoin (BTC) Long-term Price Analysis April 14

Bitcoin’s price has recently entered a range after coming out of a bullish trend that saw its price hit a five-month high against the US dollar. Roughly a week ago, the cryptocurrency attempted to keep on going northwards, but ended up ranging between the $5,500 and $5,000 marks.

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