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.
According to a recent report from CryptoCompare, cryptocurrency trading volume on top exchanges took a beating in June. The report showed that crypto trading volume for June averaged 42% lower than in May. According to the cryptocurrency analytics platform, this slump in trading volume was due to several factors. The report revealed that a maximum […]
Key HighlightsLitecoin faces rejection at the $150 highThe altcoin is likely to further decline Litcoin ( LTC) Current StatisticsThe current price: $132.44Market Capitalization: $11,126,088,271Trading Volume: $1,442,872,449Major supply zones: $400, $420, $440Major demand zones: $200, $180, $160 Litecoin (LTC) Price Analysis July 13, 2021Litecoin (LTC) is consolidating above the $130 support. Buyers have earlier retested the […]
On-chain analytics company Glassnode recently reported on the Bitcoin (BTC) network, noting that it is, fundamentally, in a healthy state despite the vacillating price action. The analytics provider revealed that we are in an “impressively quiet week,” as BTC remained range-bound between $34,900 and $32,500. Glassnode noted that: “It is starting to feel like the […]
ADA Price Analysis – July 13 When the sellers increase their momentum to push down price to $1.11, the support level of $0.98 and $0.83 may be tested. In case the Support level of $1.11 holds, the buyers may push up the price towards $1.31, $1.46 and $1.64 levels. ADA/USD Market Key Levels: Resistance levels: […]
Key Resistance Levels: 1.4200, 1.4400, 1.4600Key Support Levels: 1.3400, 1.3200, 1.3000 GBP/USD Price Long-term Trend: BearishGBP/USD pair is in a downtrend. On June 18, the currency pair fell to leve 1.3800 and corrected upward. The upward correction was terminated at level 1.4000 signaling the resumption of a downward move. Meanwhile, on June 21 downtrend; a […]
Key Resistance Levels: 78.00, 80.00, 82.00Key Support Levels: 58.00, 60.00, 62.00 AUD/JPY Price Long-term Trend: BearishAUD/JPY currency pair is in a downward move. The downtrend is likely to continue as price rises to the overbought region of the market. The market has earlier been rejected at level 84.00. Meanwhile, on June 21 downtrend; a retraced […]
After filing the Bitcoin and Ethereum Trusts, Grayscale, the world’s largest cryptocurrency asset manager, has successfully listed its Digital Large Cap Fund with the SEC as a reporting product. The behemoth digital asset manager has also filed three other Registration Statements with the regulatory body. The investment company filed a Registration Statement on Form 10 […]
The dollar is recovering slowly with the yen, and commodity currencies are the weakest. However, key pairs and crosses are mostly contained around Friday’s level. Breakthrough is also a long way off. The key emphasis in terms of technical analysis will be on if moves in the Dollar and Yen indicate a near-term bearish turnaround. […]
Key Highlights BCH corrected upwards to $550 highThe crypto may resume downtrend Bitcoin Cash (BCH) Current StatisticsThe current price: $488.47Market Capitalization: $10,260,627,186Trading Volume: $10,260,627,186Major supply zones: $700, $720, $740 Major demand zones: $250, $230, $210 Bitcoin Cash (BCH) Price Analysis July 12, 2021 For the past two weeks, Bitcoin Cash (BCH) has been in a […]
