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.
NZDUSD Price Analysis – August 16 NZDUSD weekly support has stood firm to deny the bears. The market has been primed for a drop, but after several days, the price has been denied the opportunity to go lower. Two major weekly support zones have been responsible for directing the movement of the market – the […]
The deposit contract for Ethereum 2.0 continues to record steady increases as the total number of Ether staked reaches a significant high. The launchpad currently boasts a total of 6.9 million Ether staked, with a cumulative value of a whopping $21.7 billion (at current prices). The surge in staked ETH stems primarily from the recent […]
Key HighlightsEthereum faces rejection at the high of $3,329Ether’s retracement reach bearish exhaustion Ethereum ETH) Current StatisticsThe current price: $3,162.87Market Capitalization:$371,429,944,001Trading Volume: $19,029,634,853Major supply zones: $2,800, $3,000, $3,200Major demand zones: $2400,, $2,200, $2,000 Ethereum (ETH) Price Analysis August 15, 2021 On August 13, Ether rallied to the $3,329 high but could not break above the […]
Monero – Guide, Tips & Insights | Learn 2 Trade (XMR) Price Analysis: August 15 The breaking up of the resistance level of $281 may result to further price increase towards the resistance levels of $322 and $361. Failure to break up the resistance level of $281 may send the price down to the support […]
New on-chain statistics suggest that Bitcoin (BTC) is more valuable today than ever for the ecosystem, despite the difference between its current price and that of its all-time high days. The statistics, curated by on-chain data provider Glassnode, noted that the current “realized” market capitalization of Bitcoin (BTC) surpasses the figures recorded in April 2021 […]
A NON-DIRECTIONAL (MARKET-NEUTRAL) CRYPTO TRADING METHODOLOGY It has been said often and often, that rule-based discretionary traders are the best traders on this planet. For you to be a winning trader, you need to abide by the Golden Rules of trading, which ensure your lasting success in the markets. Trading principles that work are timeless […]
Key Resistance Levels: $66.00, $70.00, $74.00Key Support Levels: $48.00,$44.00,$40.00 USOIL (WTI) Long-term Trend: BearishUSOIL has continued its downward move. WTI has earlier fallen to the low of $66 on two occasions but the price corrected upward. Following the correction to $69, on August 11, the selling pressure resumed in earnest. WTI fell to $66 lows […]
The Cardano team has announced an official date for the release of its long-awaited Smart Contract capability rollout. According to IOHK, the host company of Cardano, the Alonzo hard fork will go live on September 12. The integration of Smart Contracts on the proof-of-stake platform will allow developers to create dApps satisfying use cases like […]
After the preliminary estimate of the August Michigan Consumer Sentiment Index came in at 70.2, surprisingly dropping to its lowest level in nearly 10 years, the EURUSD continues to rise. The dollar is under pressure across the board in the foreign exchange market. The resurgence of USD weakness, fueled by poor US consumer confidence data, […]
