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: 15000, 15500, 16000Key Support Zones: 13500, 13000, 12500 NASDAQ 100 (NAS100) Long-term Trend: BearishNAS100 has fallen significantly in a downtrend but unable to break level 16400. The index is in a sideways move below level 16400 overhead resistance. On January 4, NAS100 faced rejection at the overhead resistance. The market declined sharply […]
Monero – Guide, Tips & Insights | Learn 2 Trade (XMR) Price Analysis: January 09 In case the bulls oppose the bearish movement at $179, price may reverse and face the resistance level of $220, which may increase the price to high of $249 and $281. When the bears break down the support level of […]
Ethereum slumps to $3,099The crucial support is likely to hold Ethereum ETH) Current StatisticsThe current price: $3,094.63Market Capitalization: $368,537,673,177Trading Volume: $16,229,192,866Major supply zones: $4,000, $4,500, $5,000Major demand zones: $3,500, $3,000, $2,500 Ethereum (ETH) Price Analysis January 9, 2021 Ethereum’s (ETH) price has resumed selling pressure to $3,000 but may hold above it . Today, the […]
The opening week of 2022 came with some surprises for the forex market but made little dent on the euro/dollar pair. The most notable shocker came after the US Federal Reserve, according to the released Minutes from its December meeting, noted that it plans to taper its bond holdings over the coming months. The US […]
Despite the bearish rout in the crypto industry, payments solution behemoth PayPal recently announced that it is working on issuing a personalized cryptocurrency. While there are no details on what this cryptocurrency is or when it would drop, PayPay noted that it would be a stablecoin, possibly pegged to the US dollar. In an interview […]
Bitcoin (BTC) and the digital currency market have experienced massive losses this week, as the benchmark cryptocurrency dropped by over 12% over the last seven days. Only yesterday, the cryptocurrency hit its lowest point since September, venturing close to the $40,000 round but halting midway at $40,500. Also, reports show that Bitcoin’s global trade volume […]
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 can bulls overcome $84 resistance?. Since December 2, the index has been on the rise. USOIL is rising to revisit the previous peak price of $84. WTI will face rejection at the recent high. The […]
Key Resistance Levels: $60, $62, $64Key Support Levels: $40,$38,$36 Polkadot (DOT) Price Long-term Trend: BearishPolkadot’s (DOT) price has been in a downtrend as it poises for a price rebound. The selling pressure has subsided as price reaches the low of $23 . Today, cryptocurrency has resumed a sideways trend. Buyers have made frantic efforts to […]
Goldman Sachs analyst and co-head of global foreign exchange strategy Zach Pandl revealed his outlook for Bitcoin (BTC) in a research note distributed to clients on January 4. The analyst asserted that the benchmark cryptocurrency would likely continue to chip away market share from gold (XAU) in 2022 as cryptocurrency gains more widespread adoption. The […]
