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As Bitcoin (BTC) grapples with selling pressure induced by EMA55 and Ethereum (ETH) navigates through its decline, there's a beacon of success shining in the crypto sphere. <a href="https://furrevertoken.com/?ref_url=tbt-btcethfurr-b-15052024" target="_blank" rel="noopener">Furrever Token (FURR)</a> emerges triumphant, celebrating a remarkable $1.140 million presale achievement. But that's not all – FURR enthusiasts are in for a treat with the launch of a thrilling $20,000 competition. Amidst the turbulence of major cryptocurrencies, FURR stands as a testament to resilience and innovation, inviting investors to partake in its charming journey while aiming for exciting rewards. 
Bitcoin (BTC) Faces Selling Pressure from EMA55 
The leading cryptocurrency Bitcoin (BTC), with a market value of $1.215 trillion, continues its descent starting from $72,800. Despite attempts to close above the averages daily, Bitcoin (BTC) remains under selling pressure. Although the selling pressure has decreased, Bitcoin (BTC) encountered selling pressure once again when trying to break above EMA55 yesterday, currently trading at $61,638 with a 2.07% decrease. 
<img src="https://lh7-us.googleusercontent.com/3wn7JMblMs_Qm8nAPpMs8TOJ7dECfpsgWUu58f1weatUFP8omjpmTrDeaQv5IZ1AJ28RNDBB-jbVmGZsqmA0p3zj2MrdYNYChGevfSWk68TiSbOzpEfmchpZHpxPxN3_iUQnMIg2EP4pE2KTt-jznA" width="605" height="325" style="display: block; margin-left: auto; margin-right: auto;"> 
Bitcoin (BTC) Chart Analysis 
After experiencing selling pressure from $72,800 to $56,552, the leading cryptocurrency Bitcoin (BTC) attempted to recover following the FED interest rate decision but faced selling pressure again when failing to close daily above the averages, now trading at $61,638. Examining the daily chart, we see that Bitcoin (BTC) attempted to break above EMA55 yesterday but failed, leading to a retreat. If the selling pressure continues, short-term support levels for Bitcoin (BTC) are at EMA100 at $60,394 and the $60k levels. On the upside, the most significant resistance for Bitcoin (BTC) is at EMA55, at $63,160. 
How Long Will Ethereum (ETH) Decline Continue? 
Ethereum (ETH), the second-largest cryptocurrency with a market value of $349.20 billion, surged above $4,000 in March but has since been on a downward trend. Unable to close daily above the averages, Ethereum (ETH) continues its downtrend, currently trading at $2,907.3 with a 1.46% decrease. 
<img src="https://lh7-us.googleusercontent.com/0xAMQbqvzVokALrwmrMn8xXigf9Jc5kL7of3FVOFxjNF0gpeRggycrQF84JZSIykmTqmq_-DpVc6VhAKex3GMr3IIktLtF217PwUuUEDpmIQQw4r4PAc1n9E9yUbZiBEpTxs3nXyOEzYY0K2Dx0jgA" width="605" height="301" style="display: block; margin-left: auto; margin-right: auto;"> 
Ethereum (ETH) Chart Analysis 
Following Bitcoin (BTC), Ethereum (ETH) tested $4,000 in March but has since been on a downward trend. Testing the $2,858.2 support three times in April and May, Ethereum (ETH) attempted to rise but failed, with selling pressure persisting. Examining the daily chart, we see Ethereum (ETH) retracing towards the $2,858.2 support, with a slowdown in selling pressure. If the selling pressure persists, support levels for Ethereum (ETH) are at $2,858.2 and EMA200 at $2,792.9. On the upside, the first resistance levels for Ethereum (ETH) are EMA5, EMA21, EMA100, and EMA55 at $2,937.1, $3,039.3, $3,074.5, and $3,143.5, respectively. 
The investment information, comments, and suggestions provided here are not within the scope of investment consultancy. Investment consultancy services are provided on a personalized basis, taking into account individuals' risk and return preferences. The content, comments, and suggestions provided here, which are in no way directive, are of a general nature. These suggestions may not be suitable for your financial situation and risk and return preferences. Therefore, making investment decisions solely based on the information provided here may not yield results that meet your expectations. 
Celebrate the $1.140 Million Presale Success of Furrever Token (FURR) with a $20,000 Competition! 
Experience the charm and potential of Furrever Token (FURR) as it reaches a significant milestone in its presale journey, securing an impressive $1.140 million. More than just another cryptocurrency, FURR offers a delightful experience centered around the universal love for adorable kitties, inviting crypto enthusiasts to be part of something truly special. 
FURR sets itself apart by integrating cute cat-themed stickers, emojis, and visuals into its user-friendly platform, creating a whimsical environment where community and joy thrive. With approximately 9 billion tokens circulating under the symbol FURR on the BNB-20 blockchain, the project's tokenomics are equally captivating. 
During the presale phase, 65% of tokens are available for purchase, providing investors with an attractive entry point at the current valuation of $0.000648 per token. Moreover, Furrever Token demonstrates its commitment to longevity by allocating 25% of tokens for decentralized exchanges (DEXs) and locking 10% for the team for a year. 
However, the excitement doesn't stop there. FURR recently announced a thrilling $20,000 Highest Total Buys Competition, offering participants the chance to win a share of the prize pool based on their total purchases over an 18-day period. With prizes ranging from $1,000 to $5,000 for the top 10 buyers, the competition adds an exhilarating dimension to the Furrever Token experience. 
Join us in celebrating Furrever Token's success and explore the opportunity to participate in our exciting $20,000 competition. Immerse yourself in a world where cuteness meets crypto, and every interaction brings joy and camaraderie. Don't miss out on the chance to be part of something truly unique. Step into the world of FURR today, where adorable charm and the allure of winning $20,000 await. Join Furrever Token Presale Now: <a href="https://furrevertoken.com/?ref_url=tbt-btcethfurr-b-15052024" target="_blank" rel="noopener">Furrever Token Official Website</a>&nbsp; <a href="https://buy.furrevertoken.com/?ref_url=tbt-btcethfurr-b-15052024" target="_blank" rel="noopener">Join $20,000 Furrever Token Giveaway </a><a href="https://t.me/FurreverToken" target="_blank" rel="noopener">Join Official Telegram Group</a> &nbsp; &nbsp; &nbsp; <a href="https://twitter.com/FurreverToken" target="_blank" rel="noopener">Follow Official X Account</a>
Source: <a rel="dofollow" target="_blank" href="https://thebittimes.com/ema55-pressures-bitcoin-btc-ethereum-eth-decline-furrever-token-furr-hits-1-140m-presale-success-launches-20-000-competition-tbt88495.html">https://thebittimes.com/ema55-pressures-bitcoin-btc-ethereum-eth-decline-furrever-token-furr-hits-1-140m-presale-success-launches-20-000-competition-tbt88495.html</a>

EMA55 Pressures Bitcoin (BTC), Ethereum (ETH) Decline: Furrever Token (FURR) Hits $1.140M Presale Success, Launches $20,000 Competition!

TheBitTimes

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