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.
S&P 500 Price Analysis – April 05 In case the resistance level of $4593 is defended by the bears, price may pullback and face support levels at $44476, $4364 and $4312 levels. An increase in the bulls’ momentum may break up the resistance level of $4593, S&P 500 may increase to $4723 and $4769 levels. […]
Founded in 2016, Crypto.com is a full-service cryptocurrency platform that allows you to buy, sell, and trade over 250 digital currencies, among other perks. The ecosystem consists of an app, a decentralized exchange, a DeFi wallet, an NFT marketplace, and many other services, such as Crypto.com Pay, Crypto Earn, and Crypto Credit. On top of […]
ADA Price Analysis – April 05 Should the buyers gain enough momentum and the daily candle closes above $1.2 level, ADA/USD may increase to $1.6 and $1.7. In case the sellers defend the $1.2 level, the bears’ pressure may likely reduce the price. ADA/USD Market Key Levels: Resistance levels: $1.2, $1.6, $1.7 Support levels: $1.0, […]
Solana faces rejection at $140SOL/USD has reached the overbought region Solana (SOL) Current StatisticsThe current price: $132.56Market Capitalization: $67,818,174,186Trading Volume: $2,823,520,392Major supply zones: $280, $300, $320Major demand zones: $160, $140, $120 Solana (SOL) Price Analysis April 4, 2022 Solana’s (SOL) price has continued its upward move as it finds support above $128. Today, the cryptocurrency […]
EURUSD Price Analysis – April 04 Inability to break down $1.09 support level by the bears may result to further price increase towards $1.11, $1.14 and $1.16 resistance levels. Should Bears push the price to penetrate the support level of $1.09, price may decrease towards the support level of $1.07 and $1.06 support levels provided […]
Analysts at behemoth financial institution JPMorgan Chase & Co. warned in a published note last week that the cryptocurrency market has a capped upside. JPM asserted that the current share of market value stablecoins hold is a clear indicator of “potential rallies or declines.” Back when stablecoins controlled 10% of the total crypto market valuation, […]
AUDJPY Market Analysis – March 4 AUDJPY is currently experiencing a correction phase after expansion. The market formed lower highs that led to 73.050. There was a change in market direction as the previous highs were swept. The impulsive moves from the demand zone violated the previous market structure. The stochastic indicated the market was […]
Behemoth cryptocurrency exchange Binance has been cleared of all charges, after getting sued in 2020 for allegedly selling unregistered cryptocurrencies. US District Judge Andrew Carter dismissed the lawsuit against the exchange last Thursday after Binance and its CEO, Changpeng Zhao (CZ), filed a motion for dismissal. The lawsuit, with case no.20-02803, was filed in April […]
NZDUSD Market Analysis – March 4 NZDUSD progresses within a bearish parallel channel after the previous year’s high was reached on February 25, 2021. The previous year was bearish for the NZDUSD. The market reached its peak last year at 0.7450 at the beginning of the year. The bears gained control and sank the price […]
