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.
Ripple (XRP) has made some decent bullish strides this week gaining over 13% as the broader market recovers. Meanwhile, Ripple has recorded a significant amount of whale transactions over the past 48 hours. Whale Alert, an on-chain analytics platform, recently revealed a 17,700,000 XRP (worth $16.8 million at press time) transfer from Bitso to an […]
HighlightsEthereum faces rejection at $4076The largest altcoin is in a sideways move Ethereum ETH) Current StatisticsThe current price: $3,996.69Market Capitalization: $474,986,682,766Trading Volume: $13,969,787,417Major supply zones: $4,000, $4,500, $5,000Major demand zones: $3,500, $3,000, $2,500 Ethereum (ETH) Price Analysis December 22, 2021 Since December 17, the bearish pattern of Ethereum was interrupted as it was unable to […]
EUR/USD Significant LevelsResistance Levels: 1.1800, 1.2000, and 1.2200Support Levels: 1.1300, 1.1200 and 1.1100 EUR/USD Price Long-term Trend: BearishEUR/USD is in a downtrend but it faces rejection at 1.1350. On December 13, the market declined to level 1.1221 as bulls bought the dips. The currency pair is resuming upward after the last bearish impulse. Similarly, on […]
STELLAR Price Analysis – December 22 When the bulls increase their pressure, price may break up $0.30 level and increase towards the resistance level of $0.35 and $0.41. An increase in the sellers’ pressure may breakdown the support level of $0.24 which may decrease the price to the support level at $0.22 and $0.11. XLM/USD […]
Key Resistance Zones: 35000, 35500, 36000Key Support Zones: 27000, 26500, 26000 US Wall Street 30 (US30USD) Long-term Trend: BullishUS30USD is in an upward move but struggles below 36400 high.The index is trading in the overbought region of the market. On November 8 rejection at the overbought region, the market declined to the low of $33,951 […]
AUDJPY Analysis – December 21 AUDJPY suffers rejection due to bearish consequences at the 82.00 price level of influence. As a result of the bearish price influence, AUDJPY precipitously encountered a quick price denial. The bears are structured to attain price movement in a downtrend orientation. When the momentum in price persists, the sellers in […]
Key HighlightsLTC price resumes upward moveLitecoin trading at $155 at press time Litecoin (LTC) Current StatisticsThe current price: $155.50Market Capitalization: $13,040,191,623Trading Volume: $1,047,887,584Major supply zones: $200, $220, $240n the Major demand zones: $100, $80, $60 Litecoin (LTC) Price Analysis December 21, 2021Litecoin’s (LTC) price is in a downward correction but an uptrend is doubtful. For […]
The US dollar maintained a bearish bias in the London session on Tuesday amid the growing market appetite for risk assets and currencies. The DXY extended its losses overnight following a bump on Democratic spending plans in Washington. However, a more bearish reaction got prevented amid the spike in Omicron cases across the globe, which […]
ADA Price Analysis – December 21 When there is an increase in the bears’ pressure, price may be pushed down to the support level of $0.98, below it is $0.82 level. Failure to break down the $1.11 by the bears may lead to price reversal and this may increase the price to resistance levels at […]
