Author: Michael Fasogbon

Market Analysis

RAYDIUM PRICE ANALYSIS & PREDICTION (October 16) – Ray Breaks Above $2 Following 10% Surge Daily, Greenlights Buy

Following yesterday’s breakout of a key resistance level, Ray appeared bullish daily and ready for a bigger explosion. While charging for more gains today, it faced rejection and is now slightly down on the day. Several Solana-based projects have experienced major gains in the last 48 hours, witnessing their most […]

Market Analysis

BOOK OF MEME PRICE ANALYSIS & PREDICTION (October 16) – BOME Explodes 70% Weekly, Meets Rejections After Almost Reclaiming July High

As volatility flows back into the market, meme coins are notably posting larger gains along with Book of Meme (BOME), which exploded by 20% in the last 24 hours. This brought trading back to a two-month high. Like most meme coins, BOME started this month with a loss after failing […]

Market Analysis

ETHEREUM PRICE ANALYSIS & PREDICTION (October 15) – ETH Is Back Above $2.5k Following A Double-Bottom Formation, Signals A Reversal

Opening this month short, ETH found solid ground after establishing support above $2.3k. This restored buying pressure as the price gradually rose with a double-bottom formation on the short-term scale.  Ethereum has continued to subject the market to a sideway move since it rejected the $2,100 level in August. It […]

Market Analysis

BITCOIN PRICE ANALYSIS & PREDICTION (October 15) – BTC Foots Big Moves, Will It Break Out Of Its Channel This Time?

Last Thursday, Bitcoin reestablished support above the important $60k level following a quick recovery from a small retracement phase. The price currently appears strong as it resurges on a daily scale. Bitcoin’s price is growing stronger daily but trading is still captured in a falling channel for over seven months. […]

Market Analysis

TRON PRICE ANALYSIS & PREDICTION (October 14) – TRX Eyes $0.2 But This Resistance May Pose A Little Threat

Tron’s market structure is still looking bullish from a long-term perspective. After taking a little break in buying, it recently initiated another rally after going through a short retracement. After exploding massively to a peak of $0.17 in August, TRX lost steam and retraced in the late month. This retracement […]

Market Analysis

SOLANA PRICE ANALYSIS & PREDICTION (October 10) – SOL Loses Momentum Following A Slight Rejection, Can It Recover?

Last week, Sol took a quick downturn after failing to break above a two-month high in the preceding week. However, it has resumed bullish but buying volume looks low following recent price rejection. After the early-month fallout, Sol created new support at $131, and the price increased nicely as it […]