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.
Market Analysis – Augustus 3rd Gold (XAUUSD) faces a potential decline below the 1938.000 market strength as bullish momentum weakens. The yellow metal had been on a bullish trajectory after a period of bearish sentiment from March to July. During this time, the market dropped from the key level of 2051.270 to the price zone […]
The Australian Dollar (AUD) embarked on a rollercoaster ride last week, exhibiting a turbulent pattern of trading before eventually succumbing to a two-month low. The catalyst for this dramatic descent was none other than Fitch Ratings, whose decision to downgrade the United States’ sovereign credit rating from AAA to AA+ sent shockwaves throughout the global […]
This week’s market analysis of trending coins features mostly newly launched crypto. Also, most of these coins are rather bearish and still maintain the possibility that lower price levels may be reached. Let’s dive into the analysis. Worldcoin (WLD) Major Bias: Bearish The Worldcoin has retained the first position on the trending coins list from […]
BTCUSD Bulls react to hold up the continuous plunge in the price BTCUSD bulls reacted to the price drop, momentarily halting the continuous market plunge after reaching $30,410.0. The market’s next target is the $34,760.0 resistance level. However, the bulls have lost momentum, enabling the bears to drive the price below $30,410.0. The bulls have […]
Avalanche Price Forecast: August 3 The Avalanche price forecast is for the market to keep descending towards the $10.60 support level after bulls couldn’t hold above the $13.40 – $14.20 zone. Avalanche Long-Term Trend: Bullish (1-Day Chart) Key Levels: Zones of supply: $14.20, $21.50 Zones of Demand: $10.60, $8.00 The market sentiment favours Avalanche bulls […]
Lucky Block – Guide, Tips & Insights | Learn 2 Trade Market Prediction – Expert Analysis & Trading Tips | Learn 2 Trade: August 4 The Lucky Block – Guide, Tips & Insights | Learn 2 Trade market prediction is for the market to keep strengthening in consolidation, after which it is expected to breach […]
Dogecoin (DOGE) Price Long-term Prediction: BullishDogecoin (DOGE) price has fallen below the 21-day simple moving average as it slips below support at $0.075. The coin is trading below the 21-day simple moving average but above the 50-day simple moving average. The latest slump has ended the uptrend that had been in place. The bearish momentum […]
In the medium term, DYDX/USDT traded within the range of $2.200 and $2.050. However, about four trading sessions ago, price action in this market crashed through the support at $2.050 to push an important support level near the $1.850 price mark. As a result, an upside rebound occurred in this market. DYDX Statistics: dYdX Value […]
Ethereum ETH) Current StatisticsThe current price: $1,835.31 Market Capitalization: $220.57BTrading Volume: $3.43BMajor supply zones: $3,000, $3,500, $4,000Major demand zones: $1,700, $1,500, $1,000 Ethereum (ETH) Price Analysis August 5, 2023Ethereum (ETH) price has started to decline again after crossing below the 50-day (SMA) as it faces a plunge below $1,800. Previously, the cryptocurrency had been caught […]
