Azeez Mustapha, Publisher at CoinCodex
Azeez is a technical analyst, specializing in cryptocurrency markets. With a deep understanding of technical indicators and market psychology, Azeez began his journey in the crypto world in 2019. His expertise lies in dissecting complex market patterns and translating them into clear, understandable forecasts and trading signals for his readers.
Azeez Mustapha Latest Articles
Yesterday, EOS witnessed a sudden surge, breaking out of a tight range the token has been trading in for the past three weeks.
Litecoin has been having a tremendous 2019 so far, and there aren't many indicators that this trend will see a substantial reversal soon. However, the bears could be in play from a more short-term perspective.
From a long-term perspective, the important support levels to watch out for NEO are at $7 and $5.5. Bulls, on the other hand, will have to face key resistance levels at $14 and $16. Meanwhile, the channel range holds $8 and $12 as support and resistance levels.
EOS has been steadily gaining value against ETH throughout 2019 so far, displaying a reversal after a large drop in December of 2018. Following the uptrend, EOS saw a bearish retracement in mid-February, testing the purple trend line but quickly bouncing upwards.
Currently, ADA is still maintaining a strong bullish momentum. Nevertheless, there's need for the buyers to surpass a tough resistance level at $0.052 to extend the token's bull-run. Caution is to be exercised, however, since the 4-hour RSI nears the overbought territory.
Since the trend reversal on Monday, Doge has been maintaining a bullish sentiment after breaking out of a strong resistance area (now support) at $0.00205.
EOS is showing bearish signs in the short term, but the 50-day moving average remains an important defensive line for the 4th largest cryptocurrency on the market.
The long-awaited Constantinople upgrade produced no major price movements for ETH, the second largest cryptocurrency on the market. However, a big move could be around the corner in the short term.
Litecoin has been the third best performer in the cryptocurrency top 10 in the last 30 days, with its +53.5% increase only slightly lagging behind BNB and EOS. In addition LTC also appears well positioned for future moves.
