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.
Key Resistance Levels: $0.45, $0.46, $0.47Key Support Levels: $0.25, $0.20,$0.15 DOGE/USD Long-term Trend: BullishDogecoin has been in a downtrend. The altcoin dropped sharply from a high of $0.739 to a low of $0.357. Presently, the coin is finding support above $0.350 support. The upward move will resume if the current support holds. Meanwhile, on May […]
Billionaire founder of Ethereum, Vitalik Buterin, made some decisions yesterday that contributed heavily to the recent market crash. Buterin did the unexpected when he began selling some of the ERC20 meme coins sent to his wallet by some aspiring projects to get “burnt.” The crypto founder donated a whopping $1 billion worth of his Shiba […]
Resistance Level: 7500, 7600, 7700Support Level: 7300, 7200, 7100 FTSE 100 (UKX) Long-term Trend: BullishUKX index broke the resistance at level 7000 but was resisted at level 7100. However, the index fell to the range-bound zone below level 7000. In the previous price action, UKX was in a downward correction below level 7000 before it […]
MoneyGram and Coinme, a licensed crypto-to-cash exchange in the US, recently announced the “launch of a new partnership to enable the cash funding and payout of digital currency purchases and sales.” MoneyGram is one of the world’s top cross-border P2P payments and money transfers facilitators, which currently caters to over 150 million customers across the […]
On Wednesday, the euro suffered significant losses, the euro/dollar is trading at 1.2076 in the North American session, down 0.60 percent. After much better than expected consumer inflation reports, the dollar rose sharply in the early US session. The Canadian Dollar, on the other hand, is much higher, thanks to an extended rise in oil […]
The United States Securities and Exchange Commission’s decision to initiate a lawsuit against Ripple (XRP) has taken a toll on the broader cryptocurrency market. Whether Ripple is a security or not has gotten debated extensively and is the primary focus of the suit. That said, the final judgment of this case will test the effectiveness […]
Key Resistance Levels: 1.4200, 1.4400, 1.4600Key Support Levels: 1.1900, 1.1800, 1.1700 USD/CAD Price Long-term Trend: BearishUSD/CAD has continued to fall after rejection at level 1.2300. The market has declined to the low of level 1.2096. Further downside is expected. On the daily chart, a retraced candle body tested the 38.2% Fibonacci retracement level. The retracement […]
Key HighlightsEther price breaks the $4,000 resistance level It is targeting the high of $4,800 Ethereum ETH) Current StatisticsThe current price: $4,292.77Market Capitalization: $499,626,115,020Trading Volume: $54,243,430,717Major supply zones: $2,000, $2,200, $2,400Major demand zones: $1,800, $51,600, $1,400 Ethereum (ETH) Price Analysis May 12, 2021 On May 10, buyers failed to push Ether above the $4,000 resistance […]
STELLAR Price Analysis – May 12 Should the bears defend the resistance level of $0.75, bearish movement may commence towards the $0.67, $0.57 and $0.50. Key Levels: Resistance levels: $0.75, $0.84, $0.95 Support levels: $0.67, $0.57, $0.50 XLM/USD Long-term Trend: Bullish Stellar is bullish on the daily chart. The coin moved in the direction it […]
