Exploring the fluctuations in the crypto market, we observe Bitcoin and Ethereum attempting to surpass crucial resistance levels amidst market variability. Simultaneously, Furrever Token (FURR) has been rapidly gaining momentum, enticing investors with the potential of a 15X return during its presale phase due to its resilience and growth prospects.
Bitcoin's Attempt to Break Through $69,000 Resistance
Bitcoin faced a downturn after testing $73,777 and struggled to surpass the $69,000 peak over the past few weeks, closing at $67,209 after starting the week at $68,393 with a low of $60,775. A sustained rise above $69,000 is anticipated to bolster buying momentum in Bitcoin.
Ethereum's Performance Above EMA5
Ethereum faced selling pressure alongside Bitcoin, closing at $3,453 after starting at $3,641 and testing a low of $3,059. Despite a struggle to maintain levels above $4,000, recent buying activity supported a close above EMA5. Currently at $3,471, Ethereum's support levels for the week are EMA5 at $3,437 and resistance at $3,951.
The information provided is for general purposes and should not be considered as personal investment advice. It is crucial to assess your financial situation independently before making any investment decisions.
Comments