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 – November 3 The S&P 500 continues its upward trend in the new week, rising 0.20 percent past 4,650 at the time of writing. Market confidence continues to strengthen throughout the North American day, as evidenced by rising US stock indices post FOMC statement as policy rate remained unchanged. Key LevelsResistance […]
Ripple (XRP) appears to have regained a decent level of bullish sentiment following positive developments from the ongoing legal battle with the SEC and Wrapped announcement. Wrapped recently announced that it would support XRP (wXRP) on the Ethereum blockchain by December. The announcement detailed that the wXRP token will receive backing 1:1 by XRP in […]
Highlights Ethereum price rallies to $4,640 highEther approaches the overbought region Ethereum ETH) Current StatisticsThe current price: $4,562.90Market Capitalization: $539,294,686,287Trading Volume: $19,693,495,804Major supply zones: $4,000, $4,500, $4,000Major demand zones: $3,500, $3,000, $2,500 Ethereum (ETH) Price Analysis November 3, 2021 Ethereum’s (ETH) price has continued to surge higher on the upside. The uptrend has been consistent […]
STELLAR Price Analysis – November 03 Stellar price may break up the resistance level at $0.42 provided the bulls increase their momentum, It may increase further above $0.48 and resistance level of $0.55 may be reached. XLM/USD Market Key Levels: Resistance levels: $0.42, $0.48, $0.55 Support levels: $0.35, $0.30, $0.24 XLM/USD Long-term Trend: Bullish Stellar […]
Key Resistance Zones: 35000, 35500, 36000Key Support Zones: 27000, 26500, 26000 US Wall Street 30 (US30USD) Long-term Trend: BullishUS30USD is an uptrend. The index price has broken the resistance at level 35400. The market reached the high of level 35902 and pulled back. The index is rising on the upside as it reaches the overbought […]
Key HighlightsLTC price is stuck below $200Litecoin may reach the high of $210 and reverse Litecoin (LTC) Current StatisticsThe current price: $202.76Market Capitalization: $17,038,767,890Trading Volume: $2,211,689,034Major supply zones: $200, $220, $240Major demand zones: $100, $80, $60 Litecoin (LTC) Price Analysis November 3, 2021Litecoin’s (LTC) price is above the moving averages but struggles to break above […]
USDCHF Price Analysis – November 2 The US dollar rose substantially against the Swiss franc on Tuesday, with the Swiss franc down 0.6 percent against the dollar throughout the day. The move to the upside is a significant reversal of the recent pattern of progressive decline. The CHF’s weakness on Tuesday contradicts strong Swiss economic […]
Reports show that a specific anonymous Bitcoin (BTC) whale has moved a significant number of coins mined in 2010 worth over a billion dollars. The report noted that every time this whale spends its coins, most of which have not moved in the past decade, the entity spends exactly 20 blocks of rewards or 1,000 […]
Following the significant drop in the benchmark German yield, the yen extended its rally in the European session. However, as the markets start the US session, they are fighting to extend their gains. Overall, markets are mixed, as investors are likely to be cautious ahead of the FOMC’s policy meeting tomorrow. As of today, the […]
