In the ever-volatile world of cryptocurrency, recent trends show Bitcoin (BTC) facing potential accelerated losses, causing concern among investors. Meanwhile, Ethereum (ETH) continues to find support at key levels, providing some stability amidst the market fluctuations. Amidst this backdrop, a new player, Furrever Token (FURR), is capturing attention with its unique and rewarding approach. Offering an innovative 10% referral bonus during its ongoing presale, Furrever Token stands out as a promising opportunity for both seasoned investors and newcomers looking to capitalize on the latest crypto buzz.
Losses in Bitcoin (BTC) Could Accelerate
The leading cryptocurrency Bitcoin (BTC) continues to experience selling pressure following the FED’s decision to keep interest rates unchanged. After failing to show the desired movement post-decision, Bitcoin (BTC) started yesterday at $66,774, tested $67,370, and ended the day with a 1.09% drop at $66,043. Starting today on a flat note, Bitcoin (BTC) is currently trading at $66,121, up by 0.12%.
Bitcoin (BTC) Chart Analysis
The leading cryptocurrency Bitcoin (BTC) has repeatedly failed to break through the $72k resistance. Since March 2024, Bitcoin (BTC) has tested this resistance five times, each time facing rejection. The most recent test last week saw Bitcoin (BTC) sharply sold off from the $72k resistance following the Non-Farm Payroll data from the United States, closing the week at $69,648, just above the $69k support. Examining Bitcoin (BTC)’s daily chart, we see that the selling pressure increased before the FED’s rate decision and continues to persist. Currently trading below the EMA55 support level, Bitcoin (BTC) made an upward move following the FED’s decision but failed to close above $69k, now trading at $66,121. The support levels for Bitcoin (BTC) are the EMA100 at $64,164 and the horizontal support around $60k. To start an upward trend, Bitcoin (BTC) needs to make daily closes above $69k.
Ethereum (ETH) Supported by Key Levels
Ranking second behind Bitcoin (BTC) with a market value of $424.71 billion, Ethereum (ETH) started yesterday at $3,468.0, tested $3,530.0, and ended the day with a 0.35% increase at $3,480.4. Today, Ethereum (ETH) has risen above the EMA55 support level and is currently trading at $3,535.8, up by 1.59%.
Ethereum (ETH) Chart Analysis
Ethereum (ETH), the second-largest cryptocurrency by market value, continued its downtrend from $4k in March to the $2,858 support. It then surged from this support following the spot ETF approval news, breaking the two-month downtrend. After the ETF approval, Ethereum (ETH) traded in the $3,750-3,950 range for three weeks but broke down from this range following the Non-Farm Payroll data from the US, which brought selling pressure on Bitcoin (BTC). Yesterday, Ethereum (ETH) briefly dropped below the EMA55 support but quickly rebounded and is now trading above this level at $3,535.4. If selling pressure continues, the nearest support levels for Ethereum (ETH) will be the EMA55 at $3,482.6 and the EMA100 at $3,336.5.
Join the Purr-fect Crypto Craze with Furrever Token (FURR)’s Innovative 10% Referral Rewards
Furrever Token emerges as a notable contender in the crypto market with its charming and community-driven approach. It’s not just a project but an engaging and delightful experience for its users. The ongoing presale, paired with a unique referral system offering 10% bonuses, positions Furrever Token to ride the wave of the current crypto excitement. The project’s focus on security and community interaction ensures a safe and enjoyable experience for all members, making it an attractive choice in the ever-evolving crypto landscape.
Furrever Token adds a refreshing twist to the crypto world with its cat-themed ecosystem, aiming to provide a delightful user experience. The platform fosters a warm and welcoming community, encouraging users to participate in regular challenges and share their love for cuteness. The use of adorable cat-themed stickers and visuals transforms everyday interactions into enjoyable moments. The referral system allows users to earn 10% in $FURR Tokens for each deposit made through their unique referral link, creating opportunities for passive income.
With audits by Securi Lab and a dedication to implementing robust security measures, Furrever Token ensures a secure platform for its users. The project has achieved significant milestones, including raising over $1.3 million during the presale and maintaining a highly active and engaged community on Telegram. Furrever Token’s roadmap outlines its ambitious plans to continue building and expanding its unique ecosystem, with ongoing integration of cat-themed content and community features to enhance user experience. Future surprises, including exclusive charming cat content, will be announced by the team, rewarding and delighting the community.
Currently in stage 9 of the presale, Furrever Token aims to raise $1.9 million with a projected price increase in stage 10. With a current price of $0.000732 and the potential for up to 15X returns, this is an enticing opportunity for investors. Post-presale, the token will be launched on PancakeSwap, providing liquidity and accessibility for trading. For those interested in joining the Furrever Token community, all purchases and referral link creations can be done through the official website, furrevertoken.com. The presale accepts USDT, BNB, ETH, and MATIC. Engage with a dynamic community of over 5k members on the official Telegram channel, where admins and moderators are highly active and responsive.
Don’t miss your chance to add Furrever Token to your investment portfolio and be prepared for its potential to dominate the meme coin sector. Visit www.furrevertoken.com to secure your tokens and be part of this exciting venture.
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