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.
S&P 500 Price Analysis – May 26 Following a gloomy result of Wall Street benchmarks, the S&P 500 recovers 0.20 percent intraday. At the time of this post, the index was trading around the 4200 regions after a stop of the prior day’s pullback from a weekly high of 4216 levels. The recent rise implies […]
Key HighlightsEthereum breaks above the moving averagesThe biggest altcoin approaches the high of $3,000 Ethereum ETH) Current StatisticsThe current price: $2,821.03Market Capitalization: $331,092,790,021Trading Volume: $48,413,395,855Major supply zones: $2,000, $2,200, $2,400Major demand zones: $1,800, $51,600, $1,400 Ethereum (ETH) Price Analysis May 26, 2021 On May 23, Ethereum plunged to $1,755 low as bulls bought the dips. […]
STELLAR Price Analysis – May 26 In case the bulls maintain their momentum, the price will break up the resistance level of $0.50, and the price will reach 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 […]
In the ongoing SEC vs. Ripple (XRP) case, the Commission is now requesting that Judge Sarah Netburn depose five more witnesses, including former Ripple CFO Ron Will and former Xpring senior vice president Ethan Beard. The Securities and Exchange Commission asserts that its increase in deposition requests spurs from the new development of evidence and […]
Key Resistance Zones: 34000, 34500, 35000Key Support Zones: 27000, 26500, 26000 US Wall Street 30 (US30USD) Long-term Trend: BullishUS30USD is making an upward move to retest or break the resistance at level 35000. Presently, the upward move is facing resistance at level 34500 for the second time. Meanwhile, on May 10 uptrend, a retraced candle […]
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 is falling after the rejection at level 1.1100. The selling pressure will continue as the pair faces another rejection at level 1.0200. Meanwhile, on May 11 downtrend, a retraced candle body tested the 61.8% Fibonacci retracement level. The retracement […]
Against the US dollar, the euro regains ground. EUR/USD is exchanging at 1.2255 in the American session, up 0.34 percent on the day. The euro has hit a new daily high of 1.2262, the highest since Jan. 4. The euro gained a foothold despite the vacation on Monday, and the rising trend has continued on […]
The recent crypto market crash reportedly sent the Bitcoin (BTC) premium on Grayscale down a -21% slope, a multi-year low. However, the premium appears to have stabilized a bit around -4% over the past few hours. That said, this metric could return to positive levels later next month, as many GBTC investors will cash out. […]
Key HighlightsLitecoin falls to $118 lowBuyers are likely to emerge Litcoin ( LTC) Current StatisticsThe current price: $175.12Market Capitalization: $14,527,707,154Trading Volume: $5,523,308,458Major supply zones: $200, $220, $240Major demand zones: $100, $80, $60 Litecoin (LTC) Price Analysis May 25, 2021Today, Litecoin drops to $118 low and resumes upward but the uptrend is facing resistance at the […]
