Azeez Mustapha

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.

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Image Description — Altcoins EOS Price Analysis

EOS Price Analysis – May 24

Azeez Mustapha
24 May 2018

The price of EOS is in a downtrend while it was previously in a range bound movement. The asset had been ranging between the levels of $15 and $12. Yesterday, the support level at $12 was broken. Traders were previously advised that, if a bearish breakout occurred, a short trade should be initiated.

Ripple Price Analysis – May 24

Azeez Mustapha
24 May 2018

The XRPUSD pair was also in a bearish market. The critical support level at $0.65 was broken by the bears. It was a level that the bears had on several occasions been unable to break. Yesterday, it was stated that if the downtrend continued the asset could fall to a low of $0.50. .

Litecoin Price Analysis – May 24

Azeez Mustapha
24 May 2018

The LTCUSD pair was in a bearish trend yesterday. The asset was ranged bound between the f $150 and $130 levels. At the time, the asset had a bearish breakout at the $130.

Tronix Price Analysis - May 24

Azeez Mustapha
24 May 2018

Tronix is bullish in the medium-term. The bears' target of the $0.06000 demand zone was not achieved as their momentum gradually faded. $0.06500 was their limit as the bulls staged a comeback.

Ethereum Price Analysis – May 24

Azeez Mustapha
24 May 2018

Yesterday, May 23, the ETHUSD pair entered the second day of its downtrend. Ethereum’s price broke the support level at $660. The MACD line and the signal line showed a sell signal, whereas the 12-day EMA and the 26-day EMA, which were above the price of Ethereum, indicated that the bearish trend was ongoing

Bitcoin Price Analysis – May 24

Azeez Mustapha
24 May 2018

Yesterday, May 23, price of Bitcoin broke the support level at $8,000. It was assumed yesterday that if the downtrend continued, the asset could fall to lows of $7,000 and $6,600. 0.

Neo Price Analysis - May 24

Azeez Mustapha
24 May 2018

A bullish trend is set to resume in the medium-term outlook of Neo. The bears failed to hit their target at the $50.00 demand zone but managed to push the price down to a fresh demand area at $51.00.

Cardano Price Analysis - May 24

Azeez Mustapha
24 May 2018

Cardano’s medium-term trend is bullish. The bears' dominance was seen as they managed to hit their target at the $0.2000 demand zone

EOS Price Analysis – May 23

Azeez Mustapha
23 May 2018

Yesterday, the price of EOS fell to the low of $13.05. Presently, the price of EOS is currently range bound between the levels of $15 and $12.

Tronix Price Analysis - May 23

Azeez Mustapha
23 May 2018

Tronix is bearish in the medium-term. The bulls failure to step up momentum at the $0.08000 supply area led to the bears' strong comeback.

Ripple Price Analysis – May 23

Azeez Mustapha
23 May 2018

Yesterday, the XRPUSD pair was also in a bearish market. The asset fell to the low of $0.66. The support level at $0.65 was presumed to be a strong level because price had tested that level and the level could not be broken.

Litecoin Price Analysis – May 23

Azeez Mustapha
23 May 2018

Yesterday, the LTCUSD pair fell to the low of $133.22 after price was repelled from the resistance of $140. It was assumed that the asset might reach the low of $115, if the downtrend continued.

Ethereum Price Analysis – May 23

Azeez Mustapha
23 May 2018

Yesterday, the ETHUSD pair was in a bearish market. The asset fell from the high of $720 to the low of $685. The asset was presumed to face resistance at $660, if Ethereum continued with its fall. Yesterday, the MACD line and the signal line were below the zero line which indicated a sell signal.

Neo Price Analysis - May 23

Azeez Mustapha
23 May 2018

Bearish trend returns in the medium-term outlook of Neo. The bears successfully won the consolidation and broke the $57.00 lower demand range of yesterday's analysis.

Bitcoin Price Analysis – May 23

Azeez Mustapha
23 May 2018

Yesterday, May 22nd, the price of Bitcoin could not break the resistance level at $8,500 and the asset fell and went into a range bound movement. The assumption was that if price continued its fall and the support level at $8,000 was broken, the asset would decline to the lows of $7,000 or $6,685.

Cardano Price Analysis - May 23

Azeez Mustapha
23 May 2018

Cardano returns bearish in the medium-term. The bears' supremacy was seen as the momentum was increased, the lower demand range of yesterday's range was nicely broken.

EOS Price Analysis – May 22

Azeez Mustapha
22 May 2018

Yesterday, May 21st the EOSUSD pair is still in its range bound zone of trading from the support level at $12 to the resistance level at $15. The price was unable to break the support level which had been tested for about five times. This makes the support level strong for trading and any breakout will be powerful.

Ripple Price Analysis – May 22

Azeez Mustapha
22 May 2018

Yesterday, May 21, price of Ripple was in a bullish market but the bulls were resisted at a price of $0.70. However, if the asset was to reach the previous highs, the resistance at $0.70 has to be broken.

Litecoin Price Analysis – May 22

Azeez Mustapha
22 May 2018

Yesterday, May 21st the LTCUSD pair was range bound between the levels of $150 and $130. The asset was ranging and was resisted at a price of $140. If the price of Litecoin breaks the resistance at $140, the price will reach the highs of $150 and $160.

Ethereum Price Analysis – May 22

Azeez Mustapha
22 May 2018

Yesterday, May 21st, Ethereum was in a bullish market. The price of the asset rose to the high of $720 and made a pullback to the low of $713.39. However, it was assumed that price could only reach the highs of $750 and $800 if the resistance level at $720 was broken.

Tronix Price Analysis - May 22

Azeez Mustapha
22 May 2018

Tronix remains bullish in the medium-term. The bulls are still dominating the market despite the bears' sudden appearance in the market.

Bitcoin Price Analysis – May 22

Azeez Mustapha
22 May 2018

Yesterday, May 21st, the price of Bitcoin was trading above the $8,000 price level. The asset faced resistance at a price of $8500 and the assumption was that if the bulls could break through that price level, the price would reach the highs of $9,000 and above.

Neo Price Analysis - May 22

Azeez Mustapha
22 May 2018

Neo goes into a ranging scenario in the medium-term outlook. The $69.00 supply zone target was a mirage for the bulls as they lost momentum and managed to just push the price to the $66.50 supply area.

Cardano Price Analysis - May 22

Azeez Mustapha
22 May 2018

Cardano is ranging in the medium-term. The bulls lost momentum as they failed to push price beyond the $0.2600 supply zone.

EOS Price Analysis – May 21

Azeez Mustapha
21 May 2018

The EOSUSD pair had a bearish breakout at $16 which resulted in its price falling to $13. During the week, the price of EOS dropped to a low of $12.

Azeez Mustapha

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