Shiba

Ethereum

Token

Shiba Inu

<a href="https://furrevertoken.com/?ref_url=tbt-ethshibfurr-b-09042024" target="_blank" rel="noopener noreferrer nofollow"><img src="https://cdn.thebittimes.com/images/2024/04/09/1712650098.webp" width="605" height="340" style="display: block; margin-left: auto; margin-right: auto;"> </a>
Amidst a dynamic crypto landscape, Ethereum (ETH) showcases its resilience by surpassing the $3500 mark once again, while Shiba Inu (SHIB) makes a notable move back above EMA5. Alongside these developments, <a href="https://furrevertoken.com/?ref_url=tbt-ethshibfurr-b-09042024" target="_blank" rel="noopener noreferrer nofollow">Furrever Token (FURR)</a> emerges with a forward-looking approach, aiming for growth beyond the presale phase.
Ethereum (ETH) Surpasses $3500 Once Again: Analysis and Outlook
With an impressive surge of approximately $30 billion in just one day, Ethereum (ETH) reaffirms its position as the second-largest cryptocurrency behind Bitcoin (BTC), boasting a market capitalization of $434 billion. Despite facing selling pressure akin to the broader crypto market at the start of the week, Ethereum (ETH) managed to recover most of these losses before the weekly close, settling at $3454.1. As the new week begins, Ethereum (ETH) attracts renewed buying interest, currently trading at $3611.6 with a notable 4.56% gain.
<img src="https://lh7-us.googleusercontent.com/Qpk9UGniVgRyW-oRVvZtyCcW6PGHtZe70Sl8QRNbQ8_-B2FIR_t_AM8-_dHbT5zuRiLlpOpRYhzwlBe8F4ii70mZ9ucFXqYvr4sI0OqeilTP8xPQPOfldOqIbPyLS8VxlrmMCGu5aUe-wxWMIB8Agw" width="605" height="302" style="display: block; margin-left: auto; margin-right: auto;">
Enduring significant selling pressure last week, Ethereum (ETH) retraced to EMA55 and found support at the $3205 level before rebounding, ultimately concluding the week at $3454.1. Initiating the new week on a positive note, Ethereum (ETH) now trades at $3611.6, marking a 4.56% increase. A closer examination of its chart reveals Ethereum's (ETH) sharp ascent above EMA5 today. Should this upward trajectory persist, Ethereum (ETH) faces its initial resistance levels at $3700 and $4000, both of which remained unbroken last week. Conversely, in the event of market structure disruption and subsequent pullbacks, key support levels to monitor include EMA21 at $3466.3 and EMA5 at $3463.8.
Shiba Inu (SHIB) Back Above EMA5
Maintaining its twelfth position behind Bitcoin (BTC) with a market capitalization surpassing $17 billion, Shiba Inu (SHIB) has halted its decline during the week. After descending from its peak value of $0.00004567 in March, Shiba Inu (SHIB) accompanied the downturn in Bitcoin (BTC) last week, dropping to $0.00002550 at the beginning of the week. Starting to rise from midweek onwards, Shiba Inu (SHIB) is currently trading at $0.00002898 with a 2.84% increase on the first day of the new week.
<img src="https://lh7-us.googleusercontent.com/4EqD9ajyyethE1-wcRqkWbVdaJJNoe-LKiJOtNMO-yE3rNIVKw8epxwd6M1oQCvZyrjzMA1bL87hInUaQnwXbhupkeD5ctNS7A51cFoD3nUcFK_a-rf5xwKv_ASJ6RicfuJ8Oj-ylKIdQjlN_whbhA" width="604" height="300" style="display: block; margin-left: auto; margin-right: auto;">
Continuing its descent from $0.00004567 until mid-last week, Shiba Inu (SHIB) reached $0.00002550. Starting to ascend from mid-last week, Shiba Inu (SHIB) closed the last day of the week at $0.00002818. Upon examining the chart of Shiba Inu (SHIB), we observe that it has once again risen above EMA5. If it closes above the daily EMA5 of $0.00002813, I anticipate the upward trend to persist. The initial resistance levels for Shiba Inu (SHIB) would be $0.00003215 and $0.00003591. In case of potential pullbacks, the first support levels to monitor would be EMA5 at $0.00002813 and EMA21 at $0.00002809.
The investment information, commentary, and recommendations provided herein are intended solely for informational purposes and do not constitute investment consultancy. Individual investment decisions should be made with careful consideration of personal risk tolerance and return objectives. The content presented here is of a general nature and should not be construed as directive. It is essential to recognize that these recommendations may not align with your specific financial circumstances and risk-return preferences. Therefore, relying solely on the information provided herein for investment decisions may not yield outcomes consistent with your expectations.
Unlocking the Potential: Furrever Token (FURR) Sets Sights Beyond the Presale
<a href="https://furrevertoken.com/?ref_url=tbt-ethshibfurr-b-09042024" target="_blank" rel="noopener noreferrer nofollow">Furrever Token (FURR)</a> emerges with a vision to become a major player in the crypto sphere post-presale. Its innovative approach, integrating adorable cat imagery into the crypto landscape, distinguishes it from traditional cryptocurrencies and resonates with a wide audience, paving the way for widespread adoption. Throughout the presale phase, Furrever Token (FURR) has already showcased remarkable demand, raising over $700,000 within a month and offering investors up to 15X returns, underscoring its potential for profitability.
Backed by a vibrant and engaged community, Furrever Token (FURR) enjoys active involvement from early adopters and transparent communication from the team, fostering trust and loyalty. This organic growth, combined with genuine engagement, lays a sturdy foundation for Furrever Token (FURR)'s long-term success.
Investor confidence in Furrever Token (FURR) receives additional reinforcement through the team's dedication to security, compliance, and transparency. Measures such as audits, safety protocols, and the team's commitment to lock their tokens for a year reassure investors of the project's legitimacy and reliability. The absence of buy and sell taxes during trading enhances Furrever Token (FURR)'s allure and instills confidence in its potential as an investment opportunity.
As Furrever Token (FURR) gears up for its launch on decentralized exchanges like PancakeSwap, early investors have a chance to enter the market at a pivotal juncture. The initial surge in interest and liquidity post-presale could propel further momentum for Furrever Token (FURR), driving up its value and attracting new investors. With a user-friendly platform offering a delightful and charming experience, Furrever Token (FURR) is poised to captivate the interest of investors and carve out a prominent niche in the crypto realm. Discover the Most Exclusive Presale Opportunity of 2024 Now: <a href="https://furrevertoken.com/?ref_url=tbt-ethshibfurr-b-09042024" target="_blank" rel="noopener noreferrer nofollow">Furrever Token Official Website</a>&nbsp; |&nbsp; &nbsp;<a href="https://buy.furrevertoken.com/?ref_url=tbt-ethshibfurr-b-09042024" 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/ethereum-eth-reaches-3500-milestone-shiba-inu-shib-surges-past-ema5-and-furrever-token-furr-eyes-post-presale-growth-tbt84881.html">https://thebittimes.com/ethereum-eth-reaches-3500-milestone-shiba-inu-shib-surges-past-ema5-and-furrever-token-furr-eyes-post-presale-growth-tbt84881.html</a>

Ethereum (ETH) Reaches $3500 Milestone, Shiba Inu (SHIB) Surges Past EMA5, and Furrever Token (FURR) Eyes Post-Presale Growth

TheBitTimes

Other articles published on Apr 9, 2024

These 5 Altcoins Rock South Korea: Trading Volumes Are Unusually High

dWallet Network brings multi-chain DeFi to Sui, featuring native Bitcoin and Ethereum

Japanese Company Metaplanet Inc Stock Rockets Embracing ¥1 Billion Bitcoin Investment

Circle Unveils Web3 Services for USDC on Solana

Crypto News April 08: Market Braces for US Data, Fed Clues

Bitcoin ETFs see massive sell-offs while BTC climbs to $71,000

Join our free newsletter for daily crypto updates!