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.
After consolidating for over a week now, analysts predict that Bitcoin (BTC) is gearing up for another massive leg down. Chart patterns show the formation of a pennant pattern that could result in a significant price move. Another report shows that a “death cross is looming,” another telltale sign of a massive bearish move. Some […]
Key Resistance Levels: $0.45, $0.46, $0.47Key Support Levels: $0.25, $0.20,$0.15 DOGE/USD Long-term Trend: BullishSince May 19, DOGE’s price fell to $0.215 low and pulled back above $0.30. For the past two weeks, Dogecoin has been consolidating above the $0.30 support. Yesterday, the DOGE price broke above the moving averages and continued the bullish momentum. The […]
Key Resistance Levels: 1.4200, 1.4400, 1.4600Key Support Levels: 1.1900, 1.1800, 1.1700 USD/CAD Price Long-term Trend: RangingUSD/CAD is in a downward move. Since May 10, the downtrend has been terminated as the currency pair resumes a range-bound move. For the past month, the currency pair has been fluctuating between levels 1.2000 and 1.2200. These range-bound levels […]
STELLAR Price Analysis – June 02 When the bulls increase their momentum, the price will break up the resistance level of $0.50, and the price may increase to the high of $0.57, which may extend to $0.67 level. In case the bulls are unable to break up the resistance level of $0.50, bearish movement may […]
Key HighlightsEthereum approaches the $2900 resistanceEther targets the high of $3,000 Ethereum ETH) Current StatisticsThe current price: $2,764.51Market Capitalization:$321,643,104,838Trading Volume: $27,120,759,339Major supply zones: $2,800, $3,000, $3,200Major demand zones: $1,800, $1,600, $1,400 Ethereum (ETH) Price Analysis June 2, 2021 Since May 24, Ethereum has been struggling to be out of downward correction. Today, the biggest altcoin […]
The dollar is making a modest comeback, but it remains stuck below next-term barrier levels. The currency market is also showing signs of caution, with the dollar index hovering around 90. Over the next few days or weeks, the DXY’s movement will likely be reflective of most asset classes. The current calm could be a […]
Argentina is currently experiencing a boom in Bitcoin mining operations thanks to its highly subsidized power rates and exchange controls, granting miners the ability to sell their newly-mined BTC at prices above the official rate. The increasing mining activity in Argentina also stems from the fact that the country operates a capital control system that […]
Before making any decision regarding investment, knowingly or unknowingly, you should ask yourself three questions. One is if your money would be safe. Second is if you would get your money back when you need it, and the last one is what return you would earn from it. These questions are about three important part […]
S&P 500 Price Analysis – June 2 S&P 500 looks for direction as the market remains around the 4,200 regions after two days of positive bias. Fears of high inflation in the United States are prompting the Federal Reserve to begin tapering weighed on market mood before now. However, recent prospects for more stimulus seemed […]
