Ethereum
Eyes on $70,000 in Bitcoin, $4,500 in Ethereum, 25% Bonus Opportunity from Furrever Token
As we navigate the ever-changing tides of the crypto world, Bitcoin and Ethereum remain at the forefront. Enter Furrever Token, a newcomer with the potential to reshape the market. This article examines the comparative strengths and unique appeal of these cryptocurrencies.
Bitcoin Price Estimate: $70,000 Rebound Ahead
Bitcoin is trading at $67,600 at the time of writing on June 1, down 7% over the past 10 days. But given the relentless rise in demand for whales, Bitcoin price is expected to see a major rebound above the $70,000 mark once the pitch turns bullish in the coming days.
In terms of key resistance levels to watch, GIOM data from IntoTheBlock appears that BTC price appears to be encountering an introductory hurdle at the $68,500 level.
Critical resistance at $68,500
As we saw above, 1.24 million addresses of existing BTC holders obtained 826,790 BTC at the highest cost of $68,658. If holders choose to exit early, the price of Bitcoin could decrease in weight once it approaches its break-even point.
Support levels to follow
But if the bullish energy is strong enough to push Bitcoin price above the $68,700 level, an instant rebound above $70,000 could be on the cards.
On the other hand, if the $67,500 support fails to hold, Bitcoin bears could aim for a reversal towards the $65,600 region. But with increasing demand from whales, this now seems impossible.
Ethereum Uptrend: Targeting $4,500 With Positive Indicators
The Ethereum crypto added around 2% to its portfolio this week. Regardless, the price of ETH coins has increased by 28.38% over the past 30 days, highlighting a positive outlook in the coming weeks.
The simple moving average (SMA) appears to present a strong possibility of bullish convergence in its 1D time contour. Additionally, the Relative Strength Index (RSI) shows a bullish curve below the overbought level, suggesting that Ethereum price will continue to gain value this month.
If the bulls sustain the price above the strengthening level of $3,730, the ETH crypto will outperform its resistance of $4,000 and head towards its upper resistance level of $4,500 in the coming weeks. On the other hand, a downtrend reversal could result in the price testing its all-time low of $3,400.
25% bonus on purchases: last 8 days
Furrever Token is at stage 9 of its 10-stage presale, having raised over $1.2 million. The current cost is $0.000732, with projections recommending returns of up to 15x. They have launched an introductory promotion right now to purchase a new Furrever token with a 25% bonus for a limited time only. To take advantage of this offer, simply use the exclusive bonus code: FURR25.
Limited time offer
This special promotion begins on Friday 05/31/2024 at 5:00 p.m. UTC and will end on Monday 06/10/2024 at 5:00 p.m. UTC. This is your opportunity to make your involvement in Furrever Token’s developing digital economy even more valuable.
Here’s how you’ll claim your reward:
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Visit the Furrever token purchase page.
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Enter bonus code FOUR25 during your purchase.
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Instantly receive 25% more Furrever Tokens!
If you invest $1,000 in Furrever token today
With $1,000 you can buy approximately 1,366,120 tokens. With the 25% bonus, you receive an additional 341,530 chips, bringing your total to approximately 1,707,650 chips. Assuming the token’s price remains the same at $0.000732, your investment would be worth around $1,250 by the end of June. This bonus not only increases your holdings but also improves the value of your investment in Furrever Token’s growing ecosystem.
Don’t waste your opportunity to include Furrever Token to your venture capital portfolio and prepare for the setup needed to rule the coin industry. Visit furrevertoken.com to secure your tokens and participate in this energizing journey.
Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the site could potentially be scams, i.e. designed to lure you into investing financial resources which could be lost forever and not be recoverable once the investments are made. You are responsible for conducting your own research (DYOR) before making any investment. Learn more here.