Insider’s Guide: Bitcoin Halving and Its Relationship with Solana (SOL), Shiba Inu (SHIB), and Furrever Token (FURR) Values

Recent developments in the cryptocurrency market have brought significant volatility, with notable coins experiencing substantial losses in value. Solana (SOL) faced a tumultuous day, testing $116 with a staggering 25% loss, while Shiba Inu (SHIB) endured a 35% decline over the past two days. Amidst this turbulence, Furrever Token (FURR) emerges as a beacon of success, surpassing $787,000 in its presale as Stage 6 nears conclusion.

Read CRYPTONEWSLAND on google news

Solana (SOL) Tests $116 with a 25% Loss in a Single Day

Solana (SOL), with a market value of $64 billion behind the leading cryptocurrency Bitcoin (BTC), maintained its fifth position yesterday, but its market value decreased by $3 billion due to yesterday’s decline. With the intensification of war news yesterday, Solana (SOL) experienced a sharp decline, dropping by 25.16% to test $116.00 during the peak of news. Recovering towards the end of the day, Solana (SOL) closed with a 9.59% decrease at $138.47. Starting today with an increase, Solana (SOL) is currently trading at $142.58, up 2.97%.

Solana (SOL) Daily Chart Analysis

As mentioned in our previous article, Solana (SOL) was discussed around $140.80, but with yesterday’s news flow, it lost over 25% in just one day, testing our previous support zone of $116.00. Recovering towards the end of the day, Solana (SOL) closed at $138.47, down by 9.59%. When examining its chart, we see that Solana (SOL) encountered strong buying pressure around $116 and managed to rise above the $140.80 resistance level today. Remaining above EMA100, Solana (SOL) is currently using this level as support. As long as it stays above EMA100 and $140.80, I believe the downward trend for Solana (SOL) has ended. Resistance zones for Solana (SOL) include the EMA5 level of $152.86 and the horizontal resistance of $164.50, while it may aim to retest $116.00 with daily closes below EMA100.

Shiba Inu (SHIB) Finds 35% Loss in the Last Two Days

Shiba Inu (SHIB), which lost $1.2 billion in market value in a single day, maintains its twelfth place in the cryptocurrency world with a market value of $13.14 billion. As discussions about the possibility of a new war in the Middle East continue, losses in the crypto world persist, with Shiba Inu (SHIB) being one of the most affected currencies. The total loss of Shiba Inu (SHIB) in the last two days reached 35%. Yesterday, during the hours when news of war intensified, Shiba Inu (SHIB) dropped by 26.74% to $0.00001830. However, Shiba Inu (SHIB) managed to close the day with a 14.75% decrease at $0.00002110.

Shiba Inu (SHIB) Chart Analysis

After reaching $0.00004567 in March, Shiba Inu (SHIB) continues to experience losses due to selling pressure. Particularly with a 35% loss in the last two days, Shiba Inu (SHIB) is not seeing much optimism. When examining its chart, we see that Shiba Inu (SHIB) has broken below its averages one by one. Currently, the only positive aspect is that EMA100 acted as support yesterday. Despite dropping to $0.00001830 during yesterday’s decline, Shiba Inu (SHIB) closed the day at $0.00002110, above the EMA100 level of $0.00002063. Trading at $0.00002227 today, representing a 5.55% increase above this level, Shiba Inu (SHIB) faces its first resistance zone at the horizontal resistance of $0.00002252 and the EMA5 level of $0.00002401. It should be noted that Shiba Inu (SHIB) may face increased selling pressure with daily closes below EMA100.

The investment information, comments, and recommendations provided here are not within the scope of investment advisory services. Investment advisory services are provided on a personalized basis, taking into account individuals’ risk and return preferences. The content, comments, and recommendations provided here, which are in no way directive in nature, are of a general nature. These recommendations 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 in line with your expectations.

Furrever Token’s (FURR) Presale Triumph: Surpasses $787,000 as Stage 6 Nears Conclusion

Furrever Token (FURR) emerges as a formidable force in the cryptocurrency landscape, garnering attention for its impressive growth potential and lucrative investor opportunities. With each presale milestone, Furrever Token (FURR) continues to attract substantial investments, now exceeding $787,000 as it approaches the end of its sixth phase. This achievement underscores its widespread appeal and solid backing from the crypto community.   

Offering up to 15X returns per presale stage, Furrever Token (FURR) stands out as an attractive investment option, with a current price of just $0.00048, making it accessible to investors looking to capitalize on its anticipated growth.

Moreover, Furrever Token (FURR) benefits from robust community support, boasting over 4,300 active members on its official Telegram channel. This engaged community fosters dynamic discussions, collaborations, and timely updates, enriching the investment experience for all involved.   

Looking forward, Furrever Token (FURR)’s strategic roadmap emphasizes its ambition to establish a significant presence in the meme coin sector. With plans to introduce innovative features, cultivate strategic partnerships, and implement targeted marketing initiatives, Furrever Token (FURR) is poised to enhance adoption and increase its market value. In summary, Furrever Token (FURR) presents a compelling investment proposition, backed by solid fundamentals, a vibrant community, and promising growth prospects. As Furrever Token (FURR) progresses towards its strategic objectives, early investors stand to reap significant rewards from its potential.

Secure the Most Exclusive Presale Opportunity of 2024 Today!

Furrever Token Official Website  |   Visit Furrever Token Presale
 
Join Official Telegram Group|Follow Official X Account

Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of CryptoNewsLand, nor is it intended to be used for legal, tax, investment, or financial advice.