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.
The Orca market has stayed below the $5.50 mark, even at its all-time high. However, the market subsequently experienced a downturn but remained above the $2.00 mark. Today’s trading activity has begun with hopes of price action rising back above the $3.00 mark. Let’s examine how this may proceed. ORCA Statistics: Current Orca Value: $2.6 […]
Key HighlightsSolana’s price recovers above the moving average linesThe upward correction is stuck at $173 Solana (SOL) Current StatisticsThe current price: $168.06Market Capitalization: $96,873,613,215Trading Volume: $3,133,754,687Major supply zones: $180, $200, $220Major demand zones: $100, $80, $60 Solana (SOL) Price Long-Term Prediction: BullishThe price of Solana (SOL) has retraced above the 21-day SMA but is unable to stay […]
Aptos sets for a bullish surge after shattering transaction records and strategic partnerships. The Aptos blockchain is set for a bullish surge, having processed over 115 million transactions in 24 hours, breaking SUI’s record. This increase is driven by the Tapos top-to-earn game. Data from Coinglass shows Aptos outperformed Solana in transaction volume. 1/ Since […]
DFINITY has launched ICPEx, a decentralized exchange (DEX) on Internet Computer (ICP), marking a significant development for DeFi and Web3. ICPEx aims to transform trading by optimizing capital utilization and price discovery with Proactive Market Making (PMM) and advanced smart routing algorithms. 🎁A big gift for #ICP’s 3rd anniversary!👇🎉Exciting news! We are very happy to […]
The U.S. Securities and Exchange Commission (SEC) unexpectedly approved the first spot Ethereum exchange-traded funds (ETFs) last week, triggering a strong rally in ETH price and a surge in derivatives market activity. According to data from Kaiko, ETH perpetual futures funding rates skyrocketed from year-to-date lows to multi-month highs within just three days of the SEC announcement. This suggests a rapid […]
Wall Street is listless on Tuesday, coming back from a three-day weekend, with markets hovering near their record highs. The S&P 500 remained mostly unchanged in afternoon trading, sitting just below its record high set a week ago. As of 1:04 p.m. Eastern time, the Dow Jones Industrial Average had fallen by 238 points, or […]
Gold prices rose on Tuesday, buoyed by a softer dollar as investors eagerly await U.S. inflation data later this week to gauge the timing of potential interest rate cuts. Spot gold advanced 0.4% to $2,359.85 per ounce by 10:16 a.m. ET (1416 GMT), while U.S. gold futures increased by 1.1% to $2,360.70. The dollar decreased […]
Market Analysis – May 28 NZDUSD is currently experiencing its second significant market trend of 2024. The year began with a bearish reversal, but a new bullish wave is now in progress. The price has reached another key resistance level at 0.6180. NZDUSD Key Levels: Demand Levels: 0.6080, 0.6000, 0.5860 Supply Levels: 0.6180, 0.6290, 0.6360 […]
Market Analysis – May 28 EURCHF has successfully enforced a bullish breakout above the supply zone of 0.9840 after several failed attempts. However, the pair has shown sluggishness in its ascent towards the significant resistance level of 1.0000 over the past week. Key Levels for EURCHF: Demand Levels: 0.9700, 0.9560 Supply Levels: 1.0000, 1.0080 EURCHF […]
