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.
Wednesday began on a quiet note for Ripple (XRP) as the cryptocurrency claws its way back above the $1.1500 level, following yesterday’s 5% dip. At press time, the sixth-largest cryptocurrency trades at $1.1560 (+1.81%). The correction in XRP came after a sharp rejection in Bitcoin from the $50,000 mark, which triggered a market-wide sell-off. Meanwhile, […]
STELLAR Price Analysis – August 25 The bulls may push the price down to the $0.30 level and may penetrate it, if this happen, price declination to $0.22 and $0.16 support levels is possible. Failure to break down $0.30 level may lead to ranging movement, resistance levels above current price can be found at $0.42, […]
EURCHF Price Analysis – August 24 EURCHF keeps retesting between the 1.0070 resistance key level and the 1.0700 support level. The market has been kept back by its bearish trend. This is due to price rejection between the two key zones. The EURCHF market has been battling to continue its bearish trend and has been […]
Key HighlightsLTC/USD declines to $174 lowLitecoin targets $220 high Litcoin ( LTC) Current StatisticsThe current price: $175.48Market Capitalization:$14,739,779,282Trading Volume: $1,959,261,376Major supply zones: $400, $420, $440Major demand zones: $200, $180, $160 Litecoin (LTC) Price Analysis August 24, 2021Today, Litecoin’s (LTC) price has fallen to the low of $175 at the time of writing. There is a […]
In a tweetstorm on Tuesday, European Central Bank (ECB) executive board member Isabel Schnabel summarized Sunday’s interview with a German magazine, saying that the rise in price pressures in the Euro area this year is only temporary. The ECB official’s soothing remarks have had no effect on the EURUSD, which is flirting with day lows […]
USDCHF Price Analysis – August 24 During Tuesday’s European trading hours, the USDCHF maintain its decline and struck a low of 0.9117 after sliding from the prior day’s high of approximately 0.9178. Amid concerns about the coronavirus and a resurgence in the global economy, the Swiss franc gains on its safe-haven status. At the time […]
The Mayor of Jackson, Tennessee, recently tweeted that the price of Bitcoin (BTC) will only continue to increase as the Fed continues to print money. He noted that: “As the Feds continue to print more USD, this chart will continue to rise. Bitcoin could be the present but is definitely the future monetary system, and […]
ADA Price Analysis – August 24 After the pullback, bullish trend may continue, the resistance level of $3.0 may be broken upside and the price may increase to $3.3 and $3.7 resistance levels. In case the bears defend the $3.0 level, price may reverse towards $2.6, $2.3 and $1.8 support levels ADA/USD Market Key Levels: […]
Key Resistance Levels: 1.4200, 1.4400, 1.4600Key Support Levels: 1.3400, 1.3200, 1.3000 GBP/USD Price Long-term Trend: BearishThe Pound has been in a downward move since June. The downtrend has reached bearish exhaustion. The bears have been repelled at level 1.3620 support. Each bearish move has been facing rejection at the recent low. Meanwhile, on June 21 […]
