In the midst of a volatile crypto landscape, Bitcoin (BTC) faces relentless attacks from bearish forces while resilient bulls hold their ground. Meanwhile, Ethereum (ETH) remains steadfast, maintaining a robust stance above the EMA100 support level. Amidst this tumultuous environment, Furrever Token (FURR) emerges as a beacon of strength and optimism, surpassing the impressive milestone of $1 million raised in its presale phase, gathering momentum as it strides forward.
Crypto Bears Attacking Bitcoin (BTC) as Bulls Resist
With a market value of $1.248 trillion, the leading cryptocurrency Bitcoin (BTC) started the new week under selling pressure yesterday. Dropping as low as $61,765 during the day, Bitcoin (BTC) managed to recover towards the end of the day, closing at $63,866. Today, the selling pressure continues with Bitcoin (BTC) currently trading at $63,311, down by 0.87%.
Bitcoin (BTC) started the first trading day of the new week under selling pressure, dropping to $61,765 during the day before moving upwards and closing at $63,866, up by 1.18%. Today, Bitcoin (BTC) continues to face selling pressure, currently trading at $63,311, down by 0.87%. Analyzing the daily chart, we see intensified battle between buyers and sellers, with sellers currently holding the upper hand. Bitcoin (BTC) is currently trading below EMA5, and if selling pressure persists, the first support levels are the horizontal support at 60k and EMA100 at $59,975. On the upside, the first resistance levels are EMA5, EMA55, and EMA21, located at $63,666, $64,112, and $64,886 respectively.
Ethereum (ETH) Maintains Strong Posture Above EMA100 Support
Ranked second behind Bitcoin (BTC) with a market value of $387.18 billion, Ethereum (ETH) struggles to rise above averages. Rising from the $2,858 support level two weeks ago, Ethereum (ETH) reached $3,355 two days ago but failed to stay above averages, facing selling pressure again and currently trading at $3,171.20, down by 1.36%.
The selling pressure continues in Ethereum (ETH), the second most valuable cryptocurrency behind Bitcoin (BTC). After rising from $2,858 to $3,355, Ethereum (ETH) failed to maintain above averages and turned downwards again, currently trading at $3,171.10. Analyzing the daily chart, we observe Ethereum (ETH) has been standing above the EMA100 support for almost the past two weeks, demonstrating its strong posture. As long as it remains above EMA100, I don’t expect an increase in selling pressure. However, if Ethereum (ETH) closes below EMA100 at $3,103.0, selling pressure may increase, potentially testing $2,858 and EMA200 at $2,763.70. For Ethereum (ETH) to resume its upward momentum, it needs daily closings above $3,250.
The investment information, comments, and recommendations provided here are not within the scope of investment consultancy. Investment consultancy services are provided on a personalized basis, taking into account individuals’ risk and return preferences. The content, comments, and recommendations provided here, which are in no way directive, are of a general nature. These recommendations may not be suitable for your financial situation and risk and return preferences. Therefore, making investment decisions solely based on the information provided here may not yield results consistent with your expectations.
Furrever Token (FURR): Surpasses $1 Million Raised in Presale, Gathers Momentum
Furrever Token (FURR) has swiftly risen as a formidable player in the cryptocurrency landscape, amassing over $1,050,000 in its seventh presale phase and indicating a surge in investor confidence. Presently priced at $0.000648, the token presents a substantial opportunity for lucrative returns, attracting investors eager to capitalize on its promising trajectory.
Beyond the potential for significant returns, Furrever Token’s appeal lies in its successive presale phases, each suggesting potential gains of up to 15X. Its accessible price point further broadens its appeal, welcoming a diverse array of investors and emphasizing inclusivity in its investment philosophy.
The token’s momentum is palpable within its active community, particularly evident on Telegram, where nearly 4,000 members engage in lively discussions and receive regular updates. This engaged community underscores the token’s growing allure and the shared optimism surrounding its future.
The Furrever Token team remains steadfast in their efforts to solidify the token’s position within the meme coin sector. Through the introduction of innovative token features, strategic partnerships, and targeted marketing endeavors, they aim to stimulate broader adoption and enhance the token’s market performance.
Positioned as a compelling investment opportunity, Furrever Token boasts a dedicated community and a clear strategic roadmap for development. As it continues to progress, Furrever Token is poised to deliver substantial returns to its early supporters, signaling its potential ascent within the dynamic realm of digital currencies.
For investors seeking further information or wishing to engage with Furrever Token, official communication channels are recommended to ensure authenticity and guard against potential scams.
Prospective investors and individuals seeking additional details can also reach out to the team via email at [email protected].
Discover the Most Exclusive Presale Opportunity of 2024 Now:
Furrever Token Official Website
