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.
Famous investment company Ark Invest has just announced a Bitcoin ETF filing with the SEC. The firm revealed that it partnered with 21Shares in its ETF undertaking because of its experience in this field. The proposed BTC ETF will get listed as ARK 21Shares Bitcoin ETF. The proposed ETF will track the performance and price […]
Key Resistance Levels: 1.0800, 1.0900, 1.1000Key Support Levels: 1.0600, 1.0500, 1.0400 EUR/CHF Price Long-term Trend: BearishEUR/CHF pair is in a downward move. The currency price has continued to make series of lower highs and lower lows. The pair is making a lower high at level 1.0961. Rejection at the recent high will signal the resumption […]
Key HighlightsLitecoin price breaks the previous high of $138The altcoin trades in the overbought region Litcoin ( LTC) Current StatisticsThe current price: $147.96Market Capitalization: $12,394,704,867Trading Volume: $2,274,487,494Major supply zones: $400, $420, $440Major demand zones: $200, $180, $160 Litecoin (LTC) Price Analysis June 29, 2021Litecoin’s (LTC) is in an upward correction as price reaches the high […]
The forex markets are in a steady position as traders await the announcement of US Nonfarm Payrolls on Friday. The dollar index rose 0.21 percent to 92.06 on Tuesday, indicating a small rise. Overnight, the Pound fell below the 1.39 mark. Anxiety over Covid’s revival in Europe, the United Kingdom, and Asia has lowered risk […]
ADA Price Analysis – June 29 Should the buyers increase their momentum, the resistance level of $1.46 will be penetrated and the resistance levels of $1.64 and $1.87 may be tested. Inability to break up the $1.46 by the bulls may lead to a decrease in price to support levels at $1.11, $0.98 and $0.83. […]
Due to the ongoing crackdown of Bitcoin (BTC) miners in China, the rate of newly-minted coins has dropped dramatically to 58 new coins daily, according to a report by Glassnode. Meanwhile, mining revenue has plunged to record lows over the last month, as the Bitcoin community fixates its focus on the upcoming difficulty adjustment. According […]
BTCC, the company behind one of the most prolific exchanges in Asia, has announced that it has ended its cryptocurrency-related operations. The company noted that it sold all its shares in the Singapore exchange ZG.com in May 2020. Most cryptocurrency exchanges quartered in China fled to other countries during the first crypto crackdown in 2017. […]
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 market was earlier correcting upward but the bulls could not break above the previous high. The selling pressure has resumed. On June 18 downtrend; a retraced candle body tested the 38.2% […]
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 downward move after its rejection from level 1.4200. After the resistance, the Pound declined to level 1.3800 low. The bulls bought the dips to resume an upward move. The upward correction was terminated at level […]
