Bittime -The crypto market is filled with anticipation and speculation following the Bitcoin (BTC) halving event. Investors are watching Ethereum (ETH) closely, guessing whether a significant price spike is imminent. Amidst the crowd of traditional tokens, an interesting newcomer to the market has emerged: Furrever Token (FURR), offering a unique and fun twist to the crypto world. Let's dive into the current situation post-Bitcoin (BTC) halving, explore the potential movement of Ethereum (ETH), and follow the exciting journey with Furrever Token (FURR).
Bitcoin Halving April 22, 2024
Dampak Halving Bitcoin (BTC)
Bitcoin (BTC), the leader with a market value of $1.27 trillion, recently experienced a halving, an event that occurs every four years. After the halving, Bitcoin (BTC) traded at $64,833, still above the $64k mark. Currently, Bitcoin (BTC) is experiencing a slight decline, but is trying to stay above $64k.
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Bitcoin (BTC) Chart Analysis
The long-awaited halving finally happened yesterday. Post halving, Bitcoin managed to stay above $64k, with a slight decline of 0.16% on the day, trading at $64,833. Analyzing the daily chart, we see Bitcoin (BTC) fluctuating between EMA5 at $64,363 and EMA21 at $65,880. If it manages to break EMA21 with a daily close, the initial target zone is at $69k-$71k-$73k. However, if it closes below the EMA5 at $64,363, we may witness increased selling pressure, leading to a decline towards the $60k support level.
Also Read How To Buy Crypto:
Is Ethereum (ETH) Counting Down the Days to a Surge?
Ethereum (ETH), the second favorite of investors after Bitcoin (BTC) and ranked second in terms of market capitalization, has changed its direction to upwards after the Bitcoin halving. With a market value of $379 billion, Ethereum (ETH) closed yesterday at $3,157.8, marking a 3.27% gain, and started the day with a bit of positive momentum, currently trading at $3,162.7, up 0.16%.
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Analysis Graph Ethereum (ETH)
Ranking second in market capitalization with $379 billion, Ethereum (ETH) has changed direction to bullish following the Bitcoin halving. With yesterday's 3.27% gain, Ethereum (ETH) started the day on a slightly positive note, currently trading at $3,162.7. Analyzing the daily chart, we see that Ethereum (ETH) has surpassed the EMA5 and is approaching the $3,205.9 resistance.
A daily close above $3,205 would target the EMA21 at $3,250 and EMA55 at $3,270 as initial resistance zones. However, if it closes below the EMA5 at $3,124.4, Ethereum (ETH) may face sell pressure again, with $2,858 being the first support level for investors to monitor.
Embark on an Exciting Crypto Journey with Furrever Token (FURR)
Enter a world beyond traditional blockchain with Furrever Token (FURR), a promising player in the post-Bitcoin halving era. In contrast to the sea of serious blockchain ventures, Furrever Token brings a breath of fresh air, filling the crypto world with irresistible cuteness. Centered on the universal charm of adorable cats, Furrever Token aspires to build a heart-warming crypto ecosystem, prioritizing fun and community participation. Through a user-friendly interface decorated with adorable cat-themed visuals, stickers and emojis, Furrever Token is poised to redefine the crypto experience, making it a place where fun comes first.
How to Buy Ethereum (ETH) from Bittime
You can buy and sell Ethereum (ETH ) in an easy and safe way via Bittime . Bittime is one of the best crypto applications in Indonesia which is officially registered with Bappebti.
Ethereum (ETH )is available on Bittime with the market pair Ethereum (ETH )To be able to buy Ethereum (ETH )on Bittime, make sure you have registered and completed identity verification. Apart from that, also make sure that you have sufficient balance by depositing some funds into your wallet. For your information, the minimum purchase of assets on Bittime is IDR 10,000. After that, you can purchase crypto assets in the application.
Learn the complete guide on how to buy Ethereum (ETH ) on Bittime .
Monitor price chart movements for Ethereum (ETH ) , Bitcoin (BTC) , Ethereum (ETH) , Solana (SOL) and other cryptos to find out today's crypto market trends in real-time on Bittime.
Also read:
A Promising World of Profit: Investing in Solana (SOL), Dogecoin (DOGE), and Furrever Token (FURR)
Alert! 12 Solana Meme Coin Projects Perform Rug Pull After Raising 180,000 SOL in Funds
Top 5 Meme Coins You Must Buy After Bitcoin Halving, Check Out More!
DISCLAIMER: This article is informational in nature and is not an offer or invitation to sell or buy any crypto assets. Trading crypto assets is a high-risk activity. Crypto asset prices are volatile, where prices can change significantly from time to time and Bittime is not responsible for changes in fluctuations in crypto asset exchange rates.
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