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.
Key Resistance Zones: $10,000, $11,000, $12,000 Key Support Zones: $7, 000, $6, 000, $5,000 BTC/USD Long-term Trend: Bullish Despite, the recent retracement to the low of $9,729, the bulls lived up to expectation. Today, the price has gone up to the high above $10,250. As the price rebounded from the low, the bulls will pick […]
Ukranian authorities have asserted that cryptocurrency mining does not necessarily need to be regulated or supervised by governments or third-party regulatory entities. In its manifesto on digital assets released on the 7th of February, Ukraine’s Ministry of Digital Transformation explained that cryptocurrency mining does not need supervision by authorities as the operation is already regulated […]
Key Resistance Levels: $0.30, $0.40, $0.45 Key Support Levels: $0.25, $0.20, $0.15 XRP/USD Long-term Trend: Bullish Ripple is now hovering above and below $0.28 price level. Before this time, the bulls have successfully broken the resistance levels of $0.24 and $0.26. The current upward move is seriously hampered because of the lack of buying abilities […]
Following the dispatch of a re-election futures contract for Donald Trump a week ago, the FTX crypto derivatives exchange included five additional futures contracts for different US presidential candidates. The latest contracts include Bernie Sanders (BERNIE), Joe (BIDEN), Mike (BLOOMBERG), Pete Buttigieg (PETE) and Elizabeth (WARREN), FTX reported on Monday. This implies clients would now […]
EURUSD Price Analysis – February 10 EURUSD widened its decline to a new low of 2020 at 1.0910 level, ending the US session not much higher than the level. The week began, as usual, in slow motion, the market is still focused on the outbreak of the Chinese coronavirus and on how this can impact […]
The Australian government announced on the 7th of February that it has intentions of ramping-up innovations in the country through the use of blockchain technology with a revised nationwide road map. The Ministry for Industry, Science, Energy, and Resources has developed a unique nationwide strategy that aims at capturing the potential value produced through business-related […]
Key Resistance Levels: $225, $250, $275 Key Support Levels: $150, $125, $100 ETH/USD Long-term Trend: Bullish Yesterday, Ethereum was in an uptrend and it reached a high of $230. Immediately, the bulls were resisted and the price fell to the low of $216. Incidentally, if the bulls succeeded in breaking above the $230 resistance and […]
Key Resistance Zones: $10,000, $11,000, $12,000 Key Support Zones: $7, 000, $6, 000, $5,000 BTC/USD Long-term Trend: Bullish Yesterday, Bitcoin traded and climbed above the $10,000 price level. The upward move to the new high was short-lived as the bulls were resisted. The bulls were resisted at a high of $10,165 and the coin fell […]
GBPUSD Price Analysis – February 9 The currency pair fell for the third day in a row, closing the week at 1.2885, the lowest since November last year. The pound surrendered to the demand of the dollar, even though data on the UK provided encouraging signs. Key Levels Resistance Levels: 1.3700, 1.3514, 1.3172 Support Levels: […]
