As Bitcoin (BTC) struggles to maintain its position above the EMA21 and Ethereum (ETH) encounters significant resistance at the $4,000 mark, investors are seeking alternative opportunities. Enter Furrever Token, a promising new player in the cryptocurrency market, offering a remarkable 25% bonus on all new purchases. Priced at an attractive $0.000732 during its presale, Furrever Token not only provides a unique investment avenue but also promises potential returns of up to 15x. With a focus on community engagement and robust security measures, Furrever Token stands out as a compelling choice for savvy investors.
Bitcoin (BTC) Struggles to Hold Above EMA21
As the leading cryptocurrency Bitcoin continues to consolidate between 66k and 70k, it is again testing the support at EMA21. With a market capitalization of $1.327 trillion, Bitcoin (BTC) started yesterday at $67,540, tested $67,900, and closed the day at $67,776 with a 0.34% increase. Starting today on a negative note, Bitcoin (BTC) is currently trading at $67,420, down 0.51%.
Bitcoin (BTC) Chart Analysis
In May, the leading cryptocurrency rose from $56.5k to $72k, then retreated to $66k under selling pressure from $72k, continuing its transactions in a narrow range. Examining Bitcoin (BTC)’s daily chart, we can see that it is struggling to close daily above the $69k resistance and is stalling in this region. For Bitcoin (BTC) to continue its upward trend, it needs to break the $69k resistance and close daily above this level. Above $69k, the first resistance levels for Bitcoin (BTC) will be $72k and $73.7k, respectively. If selling pressure continues in Bitcoin (BTC), the initial support levels to watch are the EMA21 and EMA55 at $67,237 and $65,634.
Ethereum (ETH) Faces Crucial $4k Resistance
Ethereum (ETH), the second-largest cryptocurrency behind Bitcoin (BTC), with a market capitalization of $453.57 billion, started yesterday at $3,758.6, tested $3,830.0, and closed the day at $3,813.2 with a 1.45% increase. Starting today under selling pressure, Ethereum (ETH) is currently trading at $3,790.2, down 0.95%.
Ethereum (ETH) Chart Analysis
Ranked second behind Bitcoin (BTC), Ethereum (ETH) tested $4k in March, then entered a downtrend, continuing in this trend for two months. Attempting to rise from the $2,858 support, Ethereum (ETH) failed to break above the averages. However, with the sharp buying before the spot ETF approval news, it broke both the averages and the downtrend upwards. After receiving spot ETF approval, Ethereum (ETH) has been trading between $3,750 and $3,950 for days. In the first scenario for Ethereum (ETH), it is forming a flag pattern on the daily chart, and with daily closes above $4k, the flag target is 20% above the current price, at $4.8k. In the negative scenario, if Ethereum (ETH) fails to surpass $4k, a double-top pattern could form, indicating a potential pullback to where the rise began, around $2,858.
Invest Smart with Furrever Token: Enjoy a 25% Bonus on Purchases
Bitcoin and Ethereum may offer strong growth potential, but Furrever Token stands out with a unique investment opportunity: a 25% bonus on all new purchases. This limited-time offer, available until June 10th, 2024, allows investors to increase their holdings significantly by receiving 25% extra tokens. Priced at $0.000732 during its presale, Furrever Token boasts potential returns of up to 15x, making it an attractive option for investors.
Currently in the ninth stage of its presale, Furrever Token has already raised over $1.275 million, aiming to reach a total of $1.9 million before its official launch on PancakeSwap. The project emphasizes building a warm and friendly community, featuring cat-themed stickers, emojis, and visuals. Regular challenges and exclusive content further encourage community engagement and growth. Despite its playful theme, Furrever Token is serious about security and compliance. The smart contract has been audited by Securi Lab, and the team has committed to locking their tokens for one year, ensuring a secure and trustworthy investment.
Join Furrever Token Presale Now:
Furrever Token Official Website
Visit Furrever Token Presale
Join Official Telegram Group
Follow Official X Account
