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.
The bearish market bias in the cryptocurrency market continues into the second day as Bitcoin (BTC) falls below the $47k line. As expected, most altcoins have posted heavy losses, causing the crypto market valuation to shed over $100 billion in a day. Just two days ago, the benchmark cryptocurrency traded at multi-month highs after peaking […]
Resistance Level: 7500, 7600, 7700Support Level: 7300, 7200, 7100 FTSE 100 (UKX) Long-term Trend: RangingFTSE 100 (UKX) is in an upward move. The uptrend was stalled at level 7220. Since May, the overhead resistance at level 7200 has not been broken. Today, buyers are pushing to retest the same overhead resistance level. A break above […]
Uniswap Price Analysis – August 26 The support level of $25 may be penetrated downside if the bears gain more pressure and the price will decline to $22 and $14 price level. When the bulls increase their momentum, $30 resistance level will be broken upside and the resistance level of $34 and $37 may be […]
After somewhat better-than-expected durable goods orders, the dollar is recouping some of this week’s losses in the US session. However, the strength of the rebound has been quite weak thus far. Markets remain in a volatile state as well. The durable goods orders report for July, which was released on Wednesday, revealed a mixed picture. […]
If you have had questions about the hype surrounding Lightning Network is or what it does, look further because this article will lay your concerns to rest. Bitcoin (BTC) was originally designed as an electronic peer-to-peer payment solution. However, the benchmark cryptocurrency has since grown to become a reliable means of exchanging value without involving […]
Key HighlightsEthereum plunges to $3,080 lowEther reaches oversold region as buyers emerge Ethereum ETH) Current StatisticsThe current price: $3,132.83Market Capitalization: $367,328,570,643Trading Volume: $19,435,893,826Major supply zones: $3,000, $3,500, $4,000Major demand zones: $2,500, $2,000, $1,500 Ethereum (ETH) Price Analysis August 25, 2021 Today, Ethereum’s (ETH) price has dropped to $3,080 low as bulls buy the dips. The […]
USDCAD Price Analysis – August 25 USDCAD tends to rally following a rebound. Since early June, the market has been bullish, making higher highs and breaking significant zones. USDCAD set a new high at 1.29508 after breaking through an old higher high. Following that, the market reversed after a significant pullback to form a new […]
S&P 500 Price Analysis – August 25 After recording an all-time high of 4496, few points shy of the 4,500 barriers at the start of the week. The S&P 500 is drifting on Wednesday, despite posting gains during the prior session. The index is trading at 4484, down 0.04% on the day at the time […]
Key Resistance Zones: 35000, 35500, 36000Key Support Zones: 27000, 26500, 26000 US Wall Street 30 (US30USD) Long-term Trend: BullishUS Wall Street 30 has been in an uptrend. The upward move has been stuck below level 35600 since August 17. Thereafter, the index fell to the low of level 34600. For the past week, the index […]
