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.
Uniswap Price Analysis – June 10 When the bears’ pressure increase further to break down the support level of $21, the price may decrease to the support level at $15 and $12 levels. In case the bulls defend the support level of $21, Uniswap price may increase to $29, $34 and $39 price levels. UNI/USD […]
Key Resistance Zones: 34000, 34500, 35000Key Support Zones: 27000, 26500, 26000 US Wall Street 30 (US30USD) Long-term Trend: BullishUS30USD is in an upward move. On May 10, the index faced rejection at level 35000 which caused US30USD to decline to level 33563. US Wall Street 30 has resumed its upward move after a recent breakdown. […]
The Chinese government’s efforts to crack down on Bitcoin and cryptocurrency mining across its provinces appear to be at full force. This crackdown began with Inner Mongolia, following the revelation of new rules against the operation of Bitcoin mining facilities in the region. Reports on the government’s plans to shut down mining operations in Inner […]
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 since March. The pair is falling after the rejection at level 1.1150. Today, the market has declined to the low of level 1.0901. Further downside is likely. On May 30, buyers retested level […]
Key HighlightsEthereum continues sideways move below the $2900 resistanceThe biggest altcoin is likely to fall to $2,094 Ethereum ETH) Current StatisticsThe current price: $2,597.80Market Capitalization: $302,833,961,510Trading Volume: $35,825,471,327Major supply zones: $2,800, $3,000, $3,200Major demand zones: $1,800, $1,600, $1,400 Ethereum (ETH) Price Analysis June 9, 2021 Ethereum is in a sideways move below $2,900 resistance. Ethereum […]
NZD/USD- The economic data from New Zealand was lackluster. Manufacturing sales increased by 0.4 percent in the first quarter of 2020, following a 0.4 percent increase in the fourth quarter of 2020. The preliminary ANZ business Confidence Index for June showed a 2 point drop in business confidence to -0.4 percent. Nonetheless, the indicator suggested […]
S&P 500 Price Analysis – June 9 Following the advance beyond the 4200 marks, the S&P 500 has been in its anticipated accumulation phase, with a relatively close trend swinging upwards towards all-time highs. An eventual closing break above 4238 and a continuation of the uptrend are eyed by investors. Key LevelsResistance Levels: 4350, 4300, […]
The El Salvadoran Congress has just approved a bill to make Bitcoin a legal tender in the country. Reports show that the Bill got a “supermajority” vote, indicating how excited most of the country is regarding the new development. The Bill noted that: “The purpose of this law is to regulate bitcoin as unrestricted legal […]
Cryptocurrency provider Ripple has just released a proposal to integrate Federated Sidechains into the XRP Ledger (XRPL). The goal behind this undertaking is for each sidechain to operate as an independent blockchain, thereby preserving the XRPL’s leanness and efficiency for cross-border payments. The CTO of Ripple, David Schwartz, noted that developers on the XRP network […]
