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 momentum of the purchasers will shortly rise SPONGEUSDT Price Analysis – 24 May As soon as Sponge breaches the $0.00038 resistance level, which is followed by the $0.00065 and $0.00087 barrier levels, bullish momentum will pick up speed. When the bulls put further pressure on the price, it can go above $0.00087. SPONGEUSDT Market […]
Market Analysis- May 24 The USDCAD market is currently experiencing difficulty establishing a trend. A symmetrical triangle has formed on the daily chart to prepare the market for a breakout. USDCAD Key Levels: Demand Levels: 1.3300, 1.3170, 1.2980 Supply Levels: 1.3520, 1.3690, 1.3880 USDCAD Long-term Trend: Ranging The USDCAD market displayed a prominent bullish trend […]
After price action in the SNX market recovered from exhaustion near the 50 Fibonacci Retracement level. The price retracement in this market continues in the upside direction and has regained the momentum to poke through the earlier mentioned resistance. Let’s examine what may happen in this market. SNX Analysis Data Synthetix Value Now: $2.475 SNX […]
Market Analysis- May 24 EURCHF is currently on a strong downward trend. Volatile displacement in the price was observed in February and March in both directions of the market before the downward trend was established. The price is currently on a free fall towards the 0.9640 demand level. EURCHF Key Levels Demand Levels: 0.9640, 0.9500, […]
In a striking comeback, the U.S. dollar is flexing its muscles once again, fueled by the unwavering strength of the U.S. economy and the surge in Treasury yields. Despite facing a barrage of challenges, including recent banking sector turbulence, American business activity and the labor market have shown an impressive ability to weather the storm. […]
The buyers’ momentum will soon increase SPONGEUSDT Price Analysis – 23 May Bullish momentum will accelerate as the Sponge breaks through the $0.00038 resistance level, which is followed by the $0.00065 and $0.00087 barrier levels. The price could rise above $0.00087 when the bulls’ heightened pressure. SPONGEUSDT Market Key levels: Resistance levels: $0.00038, $0.00065, $0.00087 […]
Terra Classic, the once-prominent blockchain network that faced a catastrophic setback when its UST stablecoin lost its dollar peg in May 2022, is gearing up for a game-changing network upgrade. Scheduled to occur later today at the Terra Classic block height of 12,902,400, this eagerly anticipated upgrade aims to implement Proposal 11515, better known as […]
Key HighlightsLitecoin declines as it reaches the low of $80LTC price is now in the oversold region of the market Litecoin (LTC) Current StatisticsMarket Capitalization:$7,168,689,167Trading Volume: $774,302,971Major supply zones: $140, $160, $180Major demand zones: $120, $100, $80 Litecoin (LTC) Price Analysis May 23, 2023The price of Litecoin (LTC) is currently falling below the moving average […]
Market Analysis- May 22 GBPUSD price has struggled to rise to the resistance level of 1.2640. The supporting trendline which aided the ascent has been broken. GBPUSD price appears ready for a free fall! GBPUSD Key Levels Supply Levels: 1.2450, 1.2640, 1.2800Demand Levels: 1.2260, 1.2020, 1.1800 GBPUSD Long-Term Trend: Bearish GBPUSD Bulls made attempts to […]
