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.
ADA Price Analysis – February 23 The price may increase to $1.23 – $1.31 should the bulls gain more momentum and the daily candle closes above the $1.11 level. In case the bears defend the $1.11 level, the bears’ pressure may likely reduce the price. ADA/USD Market Key Levels: Resistance levels: $1.11, $1.23, $1.31 Support […]
Key HighlightsLitecoin is in a sharp decline, may reach the low of $180Litecoin reaches bearish exhaustion Litecoin (LTC) Current StatisticsThe current price: $1,588.73Market Capitalization: $181,735,755,212Trading Volume: $44,733,702,218Major supply zones: $200, $220, $240Major demand zones: $100, $80, $60 Litecoin (LTC) Price Analysis February 23, 2021Since February 20, Litecoin has been falling after its rejection from the […]
Nvidia recently reported that it would start cutting down the efficiency of Ethereum (ETH) mining or any other cryptocurrency for that matter through the use of its new lineup of upcoming graphics processing units (GPUs). The US-based hardware maker, via a blog post on February 19, noted that this restriction would get rolled out first […]
Prime Minister Boris Johnson today unveiled plans to gradually ease the lockdown measures, adding to the optimism. The cable is back above 1.40 and hitting a fresh 34-month high of 1.4052 after briefly falling to 1.3980 in early European deals on Monday. On Monday, the UK government released a document detailing its plan to ease […]
Key Resistance Levels:1.4200,1.4400,1.4600 Key Support Levels: 1.3200, 1.3000, 1.2800 GBP/USD Price Long-term Trend: BullishGBP/USD had been in an uptrend since September 2020. The price has been making a series of higher highs and higher lows. Today, the pair is trading at level 1.4025 at the time of writing. The RSI has indicated that price has […]
EURUSD Price Analysis – February 22 EURUSD has reversed from session highs and now trading near 1.2100, having reached a high of 1.2135 level at the day’s beginning. The dollar recovers as US yields extend gains, equities drop. A continued rise in yields could trigger a market correction while boosting the USD. Key LevelsResistance Levels: […]
Ethereum Classic (ETC) is trading on a depressed momentum in the early trading hours on Monday, as most of the cryptocurrency market bleeds. The crypto market downturn got sponsored by the recent $3,000 drop in the price of Bitcoin (BTC). Also, Ethereum (ETH) went back under the $2,000 round figure, exerting extra pressure on the […]
Key Resistance Levels: 78.00, 80.00, 82.00Key Support Levels: 58.00, 60.00, 62.00 AUD/JPY Price Long-term Trend: BullishAUD/JPY is in an uptrend. The pair is facing resistance at level 83.40. The upward move is interrupted as the pair reached the overbought region. The price has fallen to level 83.115 but pulled back to level 83.251. It is […]
Bitcoin SV Price Analysis – February 22 A breakout is expected in the BSV market. The breakout at the resistance level of $259 will propel the price towards $311 -$364. In the same vein, the breakout at $217 will reduce the price to $179 and $153. BSV/USD Market Key Levels: Resistance levels: $259, $311, $364 […]
