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.
A new report from crypto analytics platform Chainalysis revealed that North Korean hackers (cybercriminals) have stolen Bitcoin and Ethereum worth about $400 million but had millions of these stolen funds unlaundered. Chainalysis reported on January 13 that the funds stolen by these cybercriminals can be traced to attacks on a minimum of seven crypto exchanges. […]
EURUSD Annual Forecast – The Market Is Expected to Rebound to 1.1650 The annual forecast for EURUSD is towards the 1.1650 resistance zone. The year 2020 was bullish on the EURUSD market. The euro currency gained strength against the dollar. The contrary was the case in the year 2021. The previous year was bearish for […]
AUD/USD penetrates an in-day low around 0.7195, down 0.25% on a day, following the release of China’s major economics during early Monday. Adding to the mixed data, risk-off state and strong USD also sinks the market’s value. Factors Affecting the Market China’s last quarter GDP increased above 0.2% before and 1.1% estimates to 1.6% QoQ […]
Ethereum fluctuates below $3,020 and $3,400ETH/USD targets level $3,848 Ethereum ETH) Current StatisticsThe current price: $3,255.15Market Capitalization: $387,988,544,870Trading Volume: $10,598,043,447Major supply zones: $4,000, $4,500, $5,000Major demand zones: $3,500, $3,000, $2,500 Ethereum (ETH) Price Analysis January 16, 2021 Ethereum’s (ETH) price is in a downward correction as it shows no strength below $3,400.The altcoin fluctuates between […]
Bank of America (BofA) analyst Alkesh Shah recently published a study on cryptocurrency, which raised the argument that Solana (SOL) could usurp more market share from Ethereum as time goes on. In his study, Shah noted that Solana “produces a blockchain optimized for consumer use cases by prioritizing scalability, low transaction fees, and ease of […]
Annual Forecast for Monero – Guide, Tips & Insights | Learn 2 Trade Coin (2022) In case the support level of $179 holds, bulls may take over the market and the price will increase towards the resistance levels of $220, $249 and $281. When the bears break down the support level of $179, there may […]
Key Resistance Levels: $80.00, $84.00, $88.00Key Support Levels: $66.00,$62.200,$58.00 USOIL (WTI) Long-term Trend: BullishUSOIL has been in an uptrend but it may face rejection at $85.39. The index is retesting the previous high of $85.39. In previous price action in October and November, the bulls failed to break above the overhead resistance. Meanwhile, on December […]
Key Resistance Levels: $60, $62, $64Key Support Levels: $40,$38,$36 Polkadot (DOT) Price Long-term Trend: BearishPolkadot’s (DOT) price is in a downward correction but targets level $30.41. The cryptocurrency makes a brief uptrend but gets stuck below the $28 resistance zone. For the past 48 hours, the bulls have been struggling to break above the $27 […]
Key Resistance Levels: $1,900, $1,950, $2000Key Support Levels: $1,750, $1, 700,$1,650 Gold (XAUUSD) Long-term Trend: BullishGold (XAUUSD) is in a sideways move but may slump to $1,800 low. Gold is retracing as it faces rejection at the high of $1,830. However, if price breaks the resistance level, the market will rise and retest the previous […]
