Ethereum

Token

Solana

Daily

<a href="https://furrevertoken.com/?ref_url=tbt-solethfurr-b-23042024" target="_blank" rel="noopener noreferrer nofollow"><img src="https://cdn.thebittimes.com/images/2024/04/24/1713918219.webp" width="800" height="450" style="display: block; margin-left: auto; margin-right: auto;"></a>
As the cryptocurrency market experiences dynamic shifts, Solana (SOL) encounters initial selling pressure around the $157 mark, signaling a pivotal moment for investors. Meanwhile, Ethereum (ETH) faces resistance at EMA21 amidst its ongoing post-halving ascent, highlighting a key challenge in its upward trajectory. Amidst these developments, <a href="https://furrevertoken.com/?ref_url=tbt-solethfurr-b-23042024" target="_blank" rel="noopener noreferrer nofollow">Furrever Token (FURR)</a> emerges as a standout performer, surpassing both ETH and SOL with its remarkable $1 million presale success. Let's delve into these market movements and explore the implications for traders and enthusiasts alike.
Initial Selling Pressure on Solana (SOL) at $157
Ranked fifth behind Bitcoin (BTC) with a market capitalization of $68.93 billion, Solana (SOL) has been on the rise for the past five days, but encountered its first selling pressure at the $157 resistance. Starting the day at $156.94, Solana (SOL) tested $159.33 before experiencing a 1.76% pullback, currently trading at $154.18.
<img src="https://lh7-us.googleusercontent.com/syWK1-bdi0AbR4F5VVDhi0d1KX1T3mhp9Rzz0C57vNC2JdqlBTPhjtFGamZJmxQGL86SdTbLYTG6JXskfPxWVeV1WerZp7AgCm4qmDIfchpIMbLVrkPdcKzDUWyAy_hxw-0CnasSPyGwfx87ylvNww" width="604" height="326" style="display: block; margin-left: auto; margin-right: auto;">
Solana (SOL) Daily Chart Analysis
Having surged from $17 in September 2023 to $210 in March 2024, yielding over a tenfold return, Solana (SOL) faced selling pressure at $210 and tested $116.0 last week. Following Bitcoin's (BTC) Halving, Solana (SOL) made a recovery and tested the EMA21 resistance yesterday. Starting today's trading above the EMA21, Solana (SOL) failed to hold above the $157 resistance and is currently trading at $154.18. Analyzing the daily chart, Solana (SOL) requires daily closures above $157 to initiate further ascent. Upon daily closures above $157, the initial target price zones for Solana (SOL) are $164.50 and $174.31. However, daily closures below the EMA5 support at $151.24 may increase selling pressure once again. In case of a renewed increase in selling pressure, the initial support zones are $140.82 and the EMA100 at $139.31.
EMA21 Presents Resistance as Ethereum (ETH) Continues Post-Halving Ascent
Ethereum (ETH), holding the second position with a market capitalization of $387.37 billion, trails behind the dominant cryptocurrency Bitcoin (BTC). Despite its ongoing upward trajectory post-Halving, Ethereum (ETH) encountered its initial setback at the EMA21. Presently, Ethereum (ETH) is priced at $3,173.1, marking a 0.89% decline for today.
<img src="https://lh7-us.googleusercontent.com/9HkwINTU7B-2gmulvPh6DatDQVhrGJu0Waa-r0ZbvVuYyGIHv6ZJQyxZOIpd_LzwHBp0TmO7ENXimh9BdkcGobYAcVuh2MOhfgzE_x1wYVcwuOf9Q5wDpy9697qqniCvyw3zX_RumsfKJD0YzT3Aqg" width="604" height="326" style="display: block; margin-left: auto; margin-right: auto;">
Ethereum (ETH) Daily Chart Analysis
With a market capitalization of $387.37 billion, Ethereum (ETH) maintains its position as the second-largest cryptocurrency after Bitcoin (BTC). Following Bitcoin's (BTC) Halving, Ethereum (ETH) initiated its journey from the $2,858 support level towards the $3,205 resistance. A scrutiny of the daily chart reveals Ethereum's (ETH) struggle to breach the EMA21 resistance over two consecutive days. Today, nearing the EMA21 at $3,224, Ethereum (ETH) faced yet another rejection. The challenge persists in surpassing both $3,205 and the EMA21, with Ethereum (ETH) targeting $3,265 as its initial objective upon daily closures above this threshold. Subsequent targets stand at $3,650 and $4k. In the event of daily closures below the EMA5 at $3,155, investors are advised to monitor the initial support levels at the EMA100 at $3,088 and the horizontal support levels at $2,858.
Please note that the provided investment information, comments, and recommendations do not constitute investment consultancy. Investment consultancy services are personalized according to individual risk and return preferences. The content, comments, and recommendations presented here are of a general nature and should not be considered prescriptive. It's important to acknowledge that these recommendations may not align with your financial circumstances and risk tolerance. Therefore, making investment decisions solely based on the information provided here may not lead to outcomes in accordance with your expectations.
Furrever Token (FURR) Shines Bright, Surpassing ETH and SOL with its $1 Million Presale Success
<a href="https://furrevertoken.com/?ref_url=tbt-solethfurr-b-23042024" target="_blank" rel="noopener noreferrer nofollow">Furrever Token (FURR)</a> emerges as a captivating force in the cryptocurrency realm, breaking free from traditional norms with its delightful blend of cuteness and community-centric values. Stepping away from the seriousness often associated with blockchain ventures, FURR is set to redefine the crypto landscape by nurturing a whimsical ecosystem revolving around charming cat imagery. With a mission to provide users with a distinctive and enjoyable journey, Furrever Token stands out as a beacon of fun and shared happiness in the dynamic world of digital currencies.
The project's tokenomics are intricately crafted to ensure accessibility and sustainability, with the FURR token symbolizing its dedication to cultivating a lively and inclusive community. With 65% of tokens allocated during the presale, FURR seeks to engage users through regular challenges, launches, and growth opportunities, fostering active participation and a sense of unity among members. Moreover, the team's commitment to security and compliance is evident through rigorous audits and safety measures, instilling confidence in users for a secure and enjoyable platform experience.
Having already raised over $1 million in just two months and progressing steadily through its developmental stages, Furrever Token is poised for an exciting journey ahead. Its launch on DEX (PancakeSwap) and acceptance of various payment options like USDT (BEP-20) further bolster its accessibility and attractiveness to a diverse investor base. With the potential for up to 15X returns and a current price of $0.000564, FURR presents an alluring investment opportunity for those seeking financial gains and a sense of community involvement.
Addressing concerns regarding legitimacy, Furrever Token maintains transparency and accountability, with its smart contract audited by Securi Lab and an engaged team actively interacting with the community. Admins and moderators maintain a visible presence on Telegram, ensuring prompt responses to queries and issues raised by the growing community. With its organic growth and genuine engagement fueling its momentum, Furrever Token stands as a testament to the transformative power of cuteness and community-driven initiatives within the crypto sphere. Discover the Most Exclusive Presale Opportunity of 2024 Now: <a href="https://furrevertoken.com/?ref_url=tbt-solethfurr-b-23042024" target="_blank" rel="noopener noreferrer nofollow">Furrever Token Official Website</a>&nbsp; |&nbsp; &nbsp;<a href="https://buy.furrevertoken.com/?ref_url=tbt-solethfurr-f-23042024" 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/initial-selling-pressure-on-solana-sol-ethereum-eth-faces-ema21-resistance-furrever-token-furr-leads-with-1-million-presale-success-tbt86298.html">https://thebittimes.com/initial-selling-pressure-on-solana-sol-ethereum-eth-faces-ema21-resistance-furrever-token-furr-leads-with-1-million-presale-success-tbt86298.html</a>

Initial Selling Pressure on Solana (SOL), Ethereum (ETH) Faces EMA21 Resistance, Furrever Token (FURR) Leads with $1 Million Presale Success

TheBitTimes

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