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.
Bulls are gathering momentum SPONGEUSDT Price Analysis – 07 August More buyers came in with more pressure by the formation of bullish candles and the price id rallying to the north, in case the bulls increase their pressure the price will rise above the resistance level of $0.000136. Key Levels: Supply level: $0.000136, $0.000196, $0.000330 […]
In the dynamic realm of cryptocurrencies, Layer-1 (L1) blockchains have emerged as the driving force, shaping the landscape of digital finance. While Bitcoin pioneered the concept of Layer-1 protocols, newer and more innovative networks like Ethereum, Solana, and Cardano have taken the lead, offering a plethora of possibilities beyond mere speculation. Layer-1 Blockchains, often described […]
The U.S. dollar has shown its mettle once again, staging a remarkable recovery from a recent one-week low on Monday. This resurgence follows a nuanced U.S. jobs report that graced headlines on Friday, deftly redirecting market attention toward the imminent release of inflation data from the globe’s two largest economies. The euro, on the other […]
Market Analysis – August 8 NZDUSD has broken the bullish trendline on the daily chart, signifying a significant development in the market dynamics. The price has consistently declined since the failed breakout above 0.6370, indicating a shift in the overall sentiment. NZDUSD Key Levels Demand Zones: 0.6060, 0.6030, 0.5980 Supply Zones: 0.6220, 0.6270, 0.6300 NZDUSD […]
Sellers’ momentum increases in EURUSD market EURUSD Price Analysis – 08 August In case sellers are successful in breaking through the $1.09 support level, the price could fall much lower toward the $1.08 and $1.07 barrier levels. If buyers are able to keep the price above the $1.10 resistance level, the price may rise in […]
Bears’ momentum may fail at $0.64 level Polygon (MATICUSD) Price Analysis – 07 August Polygon must first get through the $0.70 resistance level before attempting to cross the $0.76 and $0.82 resistance levels. The market may move past the $0.64 support level and be exposed to the $0.56 and $0.49 levels if sellers are successful […]
Hedera Hashgraph has once again appeared in the second spot on the daily crypto top movers’ list. The HBAR price has ramped up by an impressive 8.55%. This occurrence is communicating that price action is ready to continue to advance toward the higher price mark that was earlier predicted about three sessions ago. HBAR Statistics: […]
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Further decrease of SHIB price envisaged Shiba Inu (SHIB) Price Analysis: 06 August In case buyers keep up their enthusiasm, price may break through the $0.00000985 resistance level and test the $0.0000104 and $0.00001134 levels. If bears are successful in holding the $0.00000985 level, the price of the cryptocurrency may decline below $0.00000920 and reach […]
Market Analysis – August 4th US Oil (WTI) buyers aim for a breakout above the 83.440 key zone. The buyers are focused on achieving a breakout above the significant zone at 83.440. Their determination to push for a breakthrough remains strong. While there has been progress in price, an additional effort is required to surpass […]
