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 – April 8 S&P 500 renewed its year high by rising above 4100 at the time of this post. The index is consolidating under a new record high of 4102.5, posted after a 0.12% rally on Thursday, sparked by positive market sentiment. The global economy jumped as optimism about rapid growth […]
An XRP enthusiast, Thomas Hodge, has initiated a petition on Change.org charging the SEC Chairman-designate Gary Gensler to “end the war on XRP.” Gensler is President Joe Biden’s appointee to head the US Securities and Exchange Commission following the end of Jay Clayton’s tenure as SEC Chairman. The petition narrates that: “We’re asking Gary Gensler, […]
Uniswap Price Analysis – April 08 In case the bulls successfully gain more pressure and push the price below $29 support level, Uniswap price may reduce to $24 and $21 price level. Should the bulls gain more momentum and push up the price above the resistance level of $34, then, the resistance level of $39 […]
New data from Glassnode, an on-chain analytics provider, revealed that Bitcoin’s average hash rate has crossed a daily average of 178 exahashes per second, a new all-time high. The benchmark cryptocurrency’s hash rate has been on a steady ascent since February, where it cleared the 150 EH/s round figure twice. Hashrate is generally regarded as […]
Key Resistance Levels: 111.000, 112.000, 113.000Key Support Levels: 104.000, 103.000, 102.000 USD/JPY Price Long-term Trend: BullishThe USD/JPY pair has continued its upward move but it is currently facing rejection from level 111.00. The pair is retracing and has found support above the 21-day SMA. Meanwhile, on March 31 uptrend; a retraced candlestick tested the 50% […]
Key Resistance Levels: $0.09, $0.10, $0.11Key Support Levels: $0.03, $0.02,$0.01 DOGE/USD Long-term Trend: RangingDOGE price is presently rising in a confined range. The crypto’s price is fluctuating between $0.050 and $0.070. On March 31, the bulls attempted to break the $0.070 resistance but were repelled. On the upside, if the bulls break the resistance, the […]
A week to its direct listing on Nasdaq, Coinbase has released its preliminary Q1 data, which reveals massive growth in its userbase and revenue. Trading volume on the exchange has grown by about 300%, while the revenue has grown to $1.8 billion, and more than 11% of all crypto assets in existence are stored on […]
Resistance Level: 7500, 7600, 7700Support Level: 7300, 7200, 7100 FTSE 100 (UKX) Long-term Trend: BullishFTSE 100 is in a sideways trend. The index rebounded above level 6750 and it is approaching the resistance at level 6900. The uptrend will resume if the overhead resistance is breached. In the previous uptrend, the overhead resistance could not […]
STELLAR Price Analysis – April 07 In case the bulls maintain their momentum, resistance level of $0.50 may be penetrated and the price will increase towards $0.57, and $0.65. In case the bears, breakdown the support level at $0.42, Stellar will decrease to $0.33 and $0.22 levels. XLM/USD Market Key Levels: Resistance levels: $0.50, $0.57, […]
