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.
While price action in the Dash 2 Trade market hit below the $0.003000 threshold, it appears that the market is warming up for a significant move. Price action can be seen contracting significantly above the $0.002650 mark. This suggests that the market may have hit a strong base, and headwinds may face a strong rejection […]
Bitcoin bulls eye an imminent surge, analysts say. In a recent development, BitQuant has suggested that significant increases in Bitcoin’s value are on the horizon, although the exact timing remains elusive. BitQuant’s remarks come in response to analysis by fellow commentator Mikybull Crypto, who has been closely monitoring the cup and handle pattern on weekly […]
Bitcoin miners are facing decreased profitability as the hash rate declines. Roughly a month following the fourth Bitcoin halving, initial indications of miners experiencing reduced revenues are beginning to surface, with a prominent signal being the decrease in the network hash rate. This recent decline in hash rate suggests potential miner capitulation, as less efficient […]
BTCUSD prepares for a breakout by positioning itself to leverage the critical support level of $60,675 to reverse its descending trend and resume its bullish trajectory. Following the rejection at the recent all-time high, market dynamics favored sellers, resulting in consistent lower highs and lows. BTCUSD Key Levels Supply Levels: $64,000, $73,000 Demand Levels: $59,000, […]
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SPONGEUSDT is doing well SPONGEUSDT Price Analysis – 15 May If the bulls are able to break above the $0.000356 resistance level, the price might increase as high as $0.000400 and $0.000455, respectively. The price of SPONGEUSDT may witness a bearish reversal and plummet below the support levels of $0.000309, $0.000250, and $0.000189 if the […]
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Buyers Prevail over Sellers in AUDUSD market AUDUSD Price Analysis – 15 May If buyers are determined enough to push past the $0.66 barrier, they might be able to raise the price to about $0.67 or even $0.68. If sellers are successful in driving AUDUSD below the $0.65 support level, the price may fall to […]
Buyers are hold on to TRON market TRON Price Analysis – 15 May The $0.134 and $0.138 barriers may be overcome by the price of TRON if the purchasing trend stays above $0.127. However, if the decreasing trend persists below $0.120, the price could drop to $0.117 and $0.114. Key Levels: Resistance levels: $0.127, $0.134, […]
Market Analysis – May 15 FTSE 100 bullish trend has remained very consistent since April. The Average Directional Index (ADX) has reached 40, revealing a strong trend. The coast appears clear to ride the bullish wave even as the Bull and Bear power indicator reveals the complete domination of the buyers at this season. FTSE […]
Market Analysis – May 14 GBPUSD market structure has featured significant lower highs and higher lows since March 2023 on the daily chart. The price action has led to a symmetrical pattern on the daily chart. The trendline of the symmetrical triangle has been extended to help discern future swing highs and lows. GBPUSD Key […]
