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.
Market Analysis – December 26 EURCHF begins its bullish retracement as the price makes a BOS immediately after breaching the 0.94050 level. Apparently, the price is heading into the premium zone. This is likely to lead to a notable correction phase, as the downward trend resuming anytime soon is unlikely. According to the Stochastic Oscillator, […]
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Bullish trend commences in Sponge market. SPONGEUSDT Price Analysis – 28 December Bullish momentum will accelerate and test the $0.000402 and $0.000502 barrier levels if Sponge breaks over the $0.000330 barrier. Furthermore, a stronger bullish increase might drive the price above $0.000330 SPONGEUSDT Market Key levels: Resistance levels: $0.000330, $0.000402, $0.000502 Support levels: $0.000262, $0.000196, […]
In continuation of yesterday’s sharp decline, oil prices witnessed another dip today, responding to the latest data on US crude inventories and the prevailing uncertainty in the Red Sea region. As of the time of this report, USOil (WTI) has experienced a 2.03% plunge, settling at $72.26. The American Petroleum Institute (API) released figures indicating […]
During today’s trading activities, Maker broke through the $1,600 resistance level. However, this prompted some downward corrections, following the price surge. Meanwhile, trading indicators still offer upside hopes that may encourage traders to maintain their bullish positions. Key Maker Statistics: Current MKR value: $1,594 MKR Market Cap: $1,460,580,116 Maker Circulating Supply: 919,352 Maker Total Supply: […]
MicroStrategy, a prominent software company specializing in business intelligence solutions, has reaffirmed its commitment to Bitcoin (BTC) with a substantial investment. On Wednesday, the company disclosed the acquisition of 14,620 BTC, valued at approximately $615.7 million. This move elevates MicroStrategy’s total Bitcoin holdings to an impressive 189,150 BTC, worth around $5.9 billion. Michael Saylor, the […]
Price may surpass $24 level SILVER Price Analysis – 28 December Silver’s price may rise and test the $25 and $26 resistance levels if buyers can hold the $23 price level and the $24 resistance level is breached. In the event of significant selling pressure, a lower price breach of the $23 barrier would aim […]
Uniswap market may increase further Uniswap Price Analysis – 28 December The purchasing pressure may completely destroy the resistance levels at $6.8 and $7.2 if it rises beyond the $6.5 level. If sellers are successful in bringing the price below the $5.8 support level, the price levels of $5.4 and $5.1 will be tested. The […]
Market Analysis – December 26th US30 Bulls rekindle hopes for more rallies. The US30, also known as the Dow Jones Industrial Average, has experienced a significant shift in sentiment this week. After a shaky start, the bulls have rekindled hopes for a year-end rally. Despite initially dipping below the 36,000.000 level, the US30 staged a […]
Within the inter-blockchain space, Cosmos (ATOM) is unique, yet there exists a narrative about dwindling user interest and transaction volume hidden beneath the surface. Unexpectedly, despite these difficulties, ATOM’s price increased by 13% over the previous week, casting doubt on its prospects. The upbeat narrative is called into question by the downward trend of ATOM’s […]
