Ethereum

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Bitcoin

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<a href="https://furrevertoken.com/?ref_url=tbt-ethbtcfurr-b-03042024" target="_blank" rel="noopener noreferrer nofollow"><img src="https://cdn.thebittimes.com/images/2024/04/03/1712138898.webp" width="800" height="450" style="display: block; margin-left: auto; margin-right: auto;"></a>
As Ethereum (ETH) stabilizes with temporary support noted at $3,205, Bitcoin (BTC) grapples with ominous signals looming ahead. Meanwhile, <a href="https://furrevertoken.com/?ref_url=tbt-ethbtcfurr-b-03042024" target="_blank" rel="noopener noreferrer nofollow">Furrever Token (FURR)</a> defies expectations, surpassing $620,000 in funds raised within a month's time. This juxtaposition of market dynamics underscores the volatility and innovation driving the cryptocurrency landscape.
Ethereum (ETH) Finds Temporary Support at $3,205
Ethereum (ETH), the second-largest cryptocurrency behind Bitcoin and one of the safe havens for investors, faced intense selling pressure after breaking the $3,500 support level. Yesterday, Ethereum hit a low of $3,214 and closed the day at $3,279, down by 6.46%. This morning, Ethereum retraced to the horizontal support at $3,205 and is currently trading at $3,309, up by 0.93%.
<img src="https://lh7-us.googleusercontent.com/6_z7JKXCP0izHjGt33EHR4xIkUSXFO3_S24Hp4mmke4wVOh7r0aFW3H5726-M8MPhEbP4aMNWX6QzxGHccV3E3Kdj4Jcpb2bDRU4xhmW2GAkLnUwnkP4ffeb0sNTt_xP8M4YJV7oA9Bbicg5wjLiCQ" width="604" height="304" style="display: block; margin-left: auto; margin-right: auto;">
Despite emphasizing the $3,500 level repeatedly for days, Ethereum had a nightmare of a day yesterday after breaking below this level. Feeling the pressure from Bitcoin's sell-off, Ethereum closed the day at $3,214 with a 6.46% drop. Looking at the chart, we see that Ethereum dipped below EMA55 but found some support at the $3,205 level this morning. Currently, Ethereum appears to be squeezed between the horizontal support at $3,205 and EMA55. With further closures above $3,302, Ethereum may aim towards $3,400-3,500. However, closures below $3,205 suggest that the downtrend will continue.
Bitcoin (BTC) Faces Warning Signs
Bitcoin (BTC), the leading cryptocurrency, is encountering warning signals as it undergoes a significant downturn. Over the last two days, it has experienced a total loss exceeding 9.50%, causing its market value to plummet to $1.307 trillion. Yesterday, Bitcoin concluded at $65,463, marking a 6.01% decrease. Presently, the day begins with a slightly more optimistic tone, with Bitcoin trading at $66,245, reflecting a 1.19% increase.
<img src="https://lh7-us.googleusercontent.com/EogPXdUQ4Yxa1XNsNCfy3GfPp6vGM6JgEFYehrd_H8Enn5qrGTQ9ABFSTkBIZENmqMOCKmN9KqYHMFAP3NG82sasDk_HxGTCdPIj9B7d2BXKuvgkqw8jsTsZ2_gb4r4SMmPTp52vXvnZ-czGDHG1qQ" width="604" height="302" style="display: block; margin-left: auto; margin-right: auto;">
Despite our prolonged discussions about the 69k support level, Bitcoin's trajectory took a sharp turn downwards after breaching this critical support, resulting in a cumulative loss of 9.50% over a span of two days, with prices dropping to $64,550. Although Bitcoin shows signs of a positive rebound today, currently trading at $66,245 with a 1.19% uptick, chart analysis suggests that EMA5 is poised to intersect below EMA21. Should this scenario unfold, today's upswing may be transient, and the prevailing downward trajectory may persist. In the event of further decline, pivotal support levels include EMA55 at $62,098 and horizontal support around the 60k mark. A reversal of the correction and the initiation of a new uptrend would likely only occur with daily closes surpassing $67,718, representing the EMA5 threshold.
The investment information, comments, and suggestions offered herein do not constitute investment advisory services. Individual investment advisory services are tailored to each person's specific risk tolerance and return objectives. The content, comments, and suggestions provided here are general in nature and should not be construed as directives. These recommendations may not align with your financial circumstances and risk-return preferences. Therefore, relying solely on the information presented here to make investment decisions may not achieve the desired outcomes.
Furrever Token (FURR) Surpasses $620,000 Raised in Less Than a Month!
Amidst the tumultuous waves of the crypto market, <a href="https://furrevertoken.com/?ref_url=tbt-ethbtcfurr-b-03042024" target="_blank" rel="noopener noreferrer nofollow">Furrever Token (FURR)</a> has swiftly risen as a beacon of success. Its novel approach, blending cuteness with cryptocurrency, has captured the hearts of both investors and enthusiasts. Within just under a month, its presale has amassed an impressive sum exceeding $620,000, showcasing substantial interest and confidence in the project.
At the heart of Furrever Token's appeal lies its mission to revolutionize the crypto space by infusing it with charm and whimsy. Unlike conventional blockchain projects, FURR offers users a delightful experience centered around adorable cat imagery, transcending mere utility. With a vision to cultivate a warm and friendly community, Furrever Token aims to foster a vibrant ecosystem where users can share the joy of cute kitties while engaging in meaningful interactions.
The tokenomics of FURR further underscore its potential for growth and sustainability. With a total token supply of around 9 billion, Furrever Token allocates 65% of tokens to the presale, ensuring broad distribution and accessibility. Additionally, measures such as locking 10% of tokens allocated for the team demonstrate a commitment to long-term project viability and community trust.
Moreover, FURR's emphasis on security and compliance provides another layer of assurance for investors. With plans for audits and robust safety measures in place, Furrever Token prioritizes the safety and peace of mind of its users.
As FURR prepares to transition from presale to launch, the project stands at the threshold of a new era in the crypto landscape. With its endearing concept, solid tokenomics, and burgeoning community support, Furrever Token is poised to make waves and leave a lasting pawprint in the world of meme coins. Discover the Most Exclusive Presale Opportunity of 2024 Now: <a href="https://furrevertoken.com/?ref_url=tbt-ethbtcfurr-b-03042024" target="_blank" rel="noopener noreferrer nofollow">Furrever Token Official Website</a>&nbsp; |&nbsp; &nbsp;<a href="https://buy.furrevertoken.com/?ref_url=tbt-ethbtcfurr-b-03042024" target="_blank" rel="noopener noreferrer nofollow">Visit Furrever Token Presale </a> <a href="https://t.me/FurreverToken" target="_blank" rel="noopener noreferrer nofollow">Join Official Telegram Group</a> &nbsp; &nbsp; &nbsp; | &nbsp; <a href="https://twitter.com/FurreverToken" target="_blank" rel="noopener noreferrer nofollow">Follow Official X Account</a> 
Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/bitcoin-btc-signals-caution-as-ethereum-eth-holds-ground-at-3-205-furrever-token-furr-raises-over-620-000-in-record-time-tbt84314.html">https://thebittimes.com/bitcoin-btc-signals-caution-as-ethereum-eth-holds-ground-at-3-205-furrever-token-furr-raises-over-620-000-in-record-time-tbt84314.html</a>

Bitcoin (BTC) Signals Caution as Ethereum (ETH) Holds Ground at $3,205; Furrever Token (FURR) Raises Over $620,000 in Record Time

TheBitTimes

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