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: $280, $300, $320Key Support Levels: $200, $180, $160 BSV/USD Long-term Trend: BullishOn the daily chart, BSV is in an uptrend. The crypto reached the high of $280 and was repelled. The market dropped to $210 and resumed upward. On February 9 uptrend, a retraced candle body tested the the78.6% Fibonacci retracement level. […]
Key Highlights BCH has rallied to a new high of $754BCH faces rejection at the $754 as the coin falls to a $600 low Bitcoin Cash (BCH) Current StatisticsThe current price: $667.84Market Capitalization: $14,037,218,050Trading Volume: $13,972,399,257Major supply zones: $700, $720, $740 Major demand zones: $250, $230, $210 Bitcoin Cash (BCH) Price Analysis February 15, 2021 […]
Ethereum Classic (ETC) saw a sharp drop in the Asian session on Monday, as the entire cryptocurrency market plunged. The sharp drop likely got sponsored by a massive correction in Bitcoin (BTC), which recently attempted the highly-coveted high of $50,000. That said, the decline got triggered by massive sell walls positioned at the round figure. […]
Key Resistance Levels: $0.65, $0.70, $0.75Key Support Levels: $0.45, $0.40, $0.35 XRP/USD Long-term Trend: BullishSince February 13, buyers have retested the $0.65 resistance zone twice but could not find penetration above it. On each attempt, the price would fall to the $0.55 low. The price fell and found support above the 21-day SMA. On the […]
Key HighlightsEthereum is in a downward correction after reaching a new high of $1,874Ethereum has a target price of $2,000 Ethereum ETH) Current StatisticsThe current price: $1,822.97Market Capitalization: $209,764,960,109Trading Volume: $31,280,576,015Major supply zones: $1,500, $1,600, $1,700Major demand zones: $600, $500, $400 Ethereum (ETH) Price Analysis February 14, 2021 Yesterday, Ethereum price reached another new high […]
The government of India is fast approaching an introduction of a cryptocurrency bill in Parliament. Last week, CNBC TV18 and BloombergQuint reported on the status of the bill and what discussions the Indian government is having surrounding cryptocurrency. BloombergQuint’s Account According to BloombergQuint, “India will go ahead with a complete ban on investment in cryptocurrencies […]
A recent report from Bloomberg shows that Morgan Stanley could be the next major institutional investor to hop on the Bitcoin (BTC) train. According to the report, a unit of Morgan Stanley Investment Management, Counterpoint Global, is considering BTC as a suitable investment option for its current investors. The report also indicated that going through […]
While the US is still inhibitive of the idea of a Bitcoin (BTC) ETF, the Ontario Securities Commission (OSC) has approved an application from Purpose Investments Inc., a financial services firm, to offer an ETF product across several Canadian territories. The approval document noted that Purpose Investments filed its prospectus under Multilateral Instrument 11-102 Passport […]
BNBUSD Price Analysis – February 12 In case the buyers were able to push the price above the resistance level of $142 and the daily candlestick close above the level, then, the price may incline further to test $169 and $178 resistance level. Inability to break up the resistance level of $142, the price may […]
