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<img src="https://cdn.thebittimes.com/images/2024/05/17/1715926135.webp" width="800" height="450" alt=""> 
As the cryptocurrency market faces turbulent times, investors are keenly watching the potential for a Bitcoin (BTC) uptrend, while Ethereum (ETH) experiences a fierce battle between bears and bulls at the $2,858 mark. Amid this volatility, <a href="https://furrevertoken.com/?ref_url=tbt-b-17052024" target="_blank" rel="noopener">Furrever Token (FURR) </a>stands out by defying the market downturn, raising over $1.14 million with its innovative and charming cat-themed approach, capturing the hearts and wallets of crypto enthusiasts. 
Can Bitcoin (BTC) Start an Uptrend? 
The leading cryptocurrency, Bitcoin (BTC), with a market capitalization of $1.236 trillion, saw its decline from $72,800 slow down after reaching the EMA100. For days, Bitcoin (BTC) has been fluctuating between the EMA100 and EMA55, and it is currently trading at $62,704, above $62k. 
<img src="https://lh7-us.googleusercontent.com/5Ndyiihb9u3SRDR__Ti6xrE-JCM-2lxdl0lqfrNZwgS5p9HI9iNl2nrOjfNe8wQ9FvY5Dp_4TgKMzeM6ca17lYRL6jdP2eQNAb2LFcyrF39_lpOzKCXKJbM1mX_EuUT78qWH_G_2M4hRRx2ily9IZQ" width="605" height="303" style="display: block; margin-left: auto; margin-right: auto;"> 
Bitcoin (BTC) Chart Analysis 
The leading cryptocurrency, Bitcoin (BTC), fell from its peak of $72,800 to as low as $56,552 under selling pressure. It recovered after the FED interest rate decision, settling above the EMA100. Although Bitcoin (BTC) attempted to start an uptrend, it faced selling pressure again after failing to make a daily close above the EMA55 and is now trading at $62,704. Examining the daily chart, Bitcoin (BTC) is attempting once again to break above the EMA55 at $63,142. A daily close above $63,142 could initiate a new uptrend for Bitcoin (BTC). If an uptrend begins, resistance levels for Bitcoin (BTC) will be at $65.5k, $67k, and $69k, respectively. In case the selling pressure continues, short-term support levels for Bitcoin (BTC) are at the EMA100 of $60,438 and the $60k level. 
Ethereum (ETH): Bears Attack, Bulls Defend at $2,858 
Ethereum (ETH), the second-largest cryptocurrency with a market capitalization of $348.58 billion, rose above $4k in March but has since been in a downtrend. Although the decline has slowed, it continues. Starting the day slightly positive, Ethereum (ETH) is currently trading at $2,904.2, up 0.82%. 
<img src="https://lh7-us.googleusercontent.com/xalZUtCcsfzFNuPjNAyO-_tHd5pSkKezRpnC5TMMxtw7doW6UxrUzz8VsE29vFCLsFusHMjnREFlciQZ2cEs200ThtsKFFJFPlHqc66CGl0OKBS7xv1z3rOiBQDcCmusjcGZ0Lp5OU0mhTOUrMHhqA" width="605" height="302" style="display: block; margin-left: auto; margin-right: auto;"> 
Ethereum (ETH) Chart Analysis 
Following Bitcoin (BTC), Ethereum (ETH) tested $4k in March. Since then, Ethereum (ETH) has been moving downward. In April and May, Ethereum (ETH) tested the $2,858.2 support level three times. Despite attempts to rise, it has been unsuccessful, and selling pressure persists. Examining the daily chart, Ethereum (ETH) has pulled back to the $2,858.2 support level, with selling pressure slowing down. If selling pressure continues, support levels for Ethereum (ETH) are $2,858.2 and the EMA200 at $2,793.8. For upward movement, the initial resistance levels for Ethereum (ETH) are at $2,920.3, $3,024.8, $3,070.6, and $3,134.0, corresponding to the EMA5, EMA21, EMA100, and EMA55, respectively. 
The investment information, comments, and recommendations provided here do not constitute investment advisory services. Investment advisory services are personalized and consider individuals' risk and return preferences. The content, comments, and recommendations provided here are of a general nature and are not intended to be directive. These recommendations may not be suitable for your financial situation or risk and return preferences. Therefore, making an investment decision based solely on the information provided here may not yield results in line with your expectations. 
Furrever Token Defies (FURR) Market Downturn, Raises Over $1.140M with Innovative Cat-Themed Approach 
Furrever Token (FURR) has swiftly emerged as a standout in the crypto market, defying the broader downturn with its charming and innovative approach. Designed to inject a dose of cuteness into the crypto space, FURR offers users a delightful experience centered around adorable cat imagery and a vibrant community spirit. With a mission to create a whimsical ecosystem where users can enjoy the lighter side of crypto, Furrever Token aims to foster warmth and camaraderie among its members. 
The tokenomics of Furrever Token are as follows: symbol FURR, built on the BNB-20 blockchain, with approximately 9 billion tokens. Notably, 65% of tokens are available during the presale, 25% allocated for DEXs, and 10% earmarked for the team, locked for a year. The current price of Furrever Token is $0.000648. 
FURR stands out for its integration of cute cat-themed stickers and visuals, transforming everyday interactions into adorable experiences. Regular challenges and community engagement initiatives further enhance the sense of camaraderie among Furrever Token users. 
Despite the market challenges, FURR has already raised over $1.1 million in nearly three months, nearing the completion of its presale stages. The upcoming launch on PancakeSwap promises accessibility and liquidity for investors, with a variety of payment options accepted, including USDT (BEP-20). 
Moreover, Furrever Token has demonstrated its legitimacy through various measures, including smart contract audits, team token locks, and organic community growth. The recent announcement of a $20,000 Highest Total Buys Competition further highlights the team's commitment to fostering engagement and rewarding loyal supporters. The competition will conclude on May 27th, 2024, at 12:00 UTC +0. 
With active admins and moderators on its official Telegram channel and a rapidly growing community, Furrever Token is poised for continued success as it brings joy and innovation to the world of crypto. 
 Join Furrever Token Presale Now: <a href="https://furrevertoken.com/?ref_url=tbt-b-17052024" target="_blank" rel="noopener">Furrever Token Official Website</a>&nbsp; <a href="https://buy.furrevertoken.com/?ref_url=tbt-b-17052024" 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/market-highlights-bitcoin-btc-s-potential-uptrend-ethereum-eth-s-battle-at-2-858-and-furrever-token-furr-s-1-14m-surge-tbt88588.html">https://thebittimes.com/market-highlights-bitcoin-btc-s-potential-uptrend-ethereum-eth-s-battle-at-2-858-and-furrever-token-furr-s-1-14m-surge-tbt88588.html</a>

Market Highlights: Bitcoin (BTC)'s Potential Uptrend, Ethereum (ETH)'s Battle at $2,858, and Furrever Token (FURR)'s $1.14M Surge

TheBitTimes

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