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.
The US dollar took a nosedive over the week, reaching new multi-month lows against its global counterparts. This dramatic downward spiral, combined with a breach of crucial support levels, signals a prevailing bearish sentiment towards the once-mighty greenback. Investors have reacted strongly to the latest jobs report and Consumer Price Index (CPI) data, with an […]
Key HighlightsLitecoin falls below the $100 resistance barrierLTC/USD is now trading in a bearish trend. Litecoin (LTC) Current StatisticsMarket Capitalization: $7,855,575,949 Major supply zones: $140, $160, $180Major demand zones: $80, $60, $40 Litecoin (LTC) Price Analysis July 16, 2023The price of Litecoin (LTC) is falling below the moving average lines as it begins its range-bound […]
Key HighlightsSolana rebounds as it breaks above the overhead resistance at $26The altcoin reaches a new high of $32.50 Solana ( SOL) Current StatisticsThe current price: $28.10Market Capitalization: $15,454,365,927Trading Volume: $918,209,688Major supply zones: $60, $80,$100Major demand zones: $50, $30, $10 Solana (Sol) Price Price Long-Term Prediction: BullishSolana’s (SOL) price has surpassed and crossed over the […]
Key Resistance Levels: 160.00, 162.00, 164.00Key Support Levels: 150.00, 148.00, 146.00 EUR/JPY Price Long-term Trend: Bullish The EUR/JPY price has retraced above the 153.32 support as it heads toward level 167.00. The currency pair dropped below the moving average lines. In other words, the Yen is higher than the 50-day SMA but lower than the […]
TON Foundation, in a significant development, has introduced Wallet Pay, an integrated feature within Telegram that empowers users to make seamless and secure Bitcoin, Tether, and Toncoin payments directly within the messaging app. With the ability to transact through bots or web applications, Wallet Pay provides a convenient solution for users and merchants alike. A […]
Market Analysis – July 16 US Oil experiences losses after taking a fresh breath. In recent times, there has been a drop in the US oil market. The buyers, who were actively involved in the market, attempted to challenge the key zone of 75.850 and managed to breach it. However, their breakout has been impeded […]
Today’s list of weekly trending coins on CoinMarketCap consists mostly of tokens whose prices have increased significantly over the past seven days. Consequently, this indicates that they have effectively converted the traffic. Let’s see what the coming trading session has in store for them. XRP Major Bias: Bullish XRP has dethroned the mighty Pepe from […]
Price action in the Arbitrum market has shown an impressive performance after it exceeded a 1-month high in the ongoing trading session. Furthermore, both technical indicators and price behavior seem to hint at more possible upside retracements in this market. ARB StatisticsArbitrum Value Now: $1.3111ARB Market Cap: $1,668,875,032Arbitrum Circulating Supply: 1,275,000,000ARB Total Supply: 10,000,000,000ARB […]
BTCUSD Analysis: The Market Surpasses the Key Level of $30410.0 BTCUSD takes a major step to continue its uptrend movement. The market has been struggling at the $30410.0 significant level as weariness gradually enters the bulls’ camp. However, the period of price accumulation around this level has helped to maintain the coin above that level […]
