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.
Amid a sharp bullish resurgence across the crypto market, Bitcoin (BTC) recorded a massive jump to the $55,800 level yesterday, its highest point since early May this year. The benchmark cryptocurrency is up by 6% and 26% over the past 24 hours and the past seven days, respectively, according to data from CoinMarketCap. BTC reached […]
Uniswap Price Analysis – October 07 The breakup of the $26 resistance price level may increase the price to $30 and $37 resistance levels. Failure to break up the resistance level of $26 by the bulls may result to continuation of ranging market or bearish reversal towards the support levels at $21, $17 and $14. […]
Resistance Level: 7500, 7600, 7700Support Level: 7300, 7200, 7100 FTSE 100 (UKX) Long-term Trend: RangingFTSE 100 (UKX) is in a range-bound move. For the past five months, buyers have failed to keep the price above level 7200 overhead resistance. Today, the bears have broken below the moving averages which may further sink the index. The […]
Market players around the world will be looking for confirmation of the Fed’s tapering timeline in Friday’s NFP report. If the official figure comes in around the median projection of 488k, US officials will be able to start tapering their bond purchases. After all, Fed Chair Jerome Powell has declared that the inflation conditions for […]
HighlightsEthereum price is likely to retrace to $3,400 lowEther faces rejection at the high of $3,700 resistance Ethereum ETH) Current StatisticsThe current price: $3,595.65Market Capitalization: $424,737,779,028Trading Volume: $22,575,713,894Major supply zones: $3,000, $3,500, $4,000Major demand zones: $2,500, $2,000, $1,500 Ethereum (ETH) Price Analysis October 5, 2021 Since October 1, Ethereum’s (ETH) price has been trading in […]
Key Resistance Zones: 35000, 35500, 36000Key Support Zones: 27000, 26500, 26000 US Wall Street 30 (US30USD) Long-term Trend: RangingSince the bearish impulse of September 30, US30USD has been in a sideways move above level 33800. Buyers are also finding it difficult to break above level 34400. If the bulls break the current resistance, the market […]
According to a Brazil federal deputy, Aureo Ribeiro, Bitcoin (BTC) could soon become a recognized currency for payments in Brazil. Ribeiro noted that the potential approval of Bill 2.303/15, which focuses on cryptocurrency regulation, will create new uses for crypto holders, including purchasing houses, cars, and other products. These comments come following the approval of […]
Ripple Labs has registered another snack win in its ongoing lawsuit with the US Securities and Exchange Commission (SEC) after US District Judge Analisa Torres granted the status of “amici curiae” to the XRP community in the lawsuit. Prominent XRP advocate and lawyer to the blockchain startup John Deaton also received special status from the […]
S&P 500 Price Analysis – October 6 S&P 500 fluctuates around its intraday low, down 1.25 percent on the day under the 4,300 level in the early hours of Wednesday. Following severe losses early in the week, major equity indexes in the United States continue lower, owing to market sentiment. As of writing, the S&P […]
