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In the ever-evolving crypto market, Solana (SOL) is striving to maintain its position above the EMA100, signaling a critical moment for investors watching this key support level. Meanwhile, Ethereum (ETH) faces its own set of challenges as it battles to stay above the $3500 mark amidst market volatility. Adding a refreshing twist to the scene, <a href="https://furrevertoken.com/?ref_url=tbt-solethfurr-b-13062024" target="_blank" rel="noopener">Furrever Token</a> (FURR) emerges as a charming newcomer with a lucrative 10% referral program. This cat-themed token not only captivates with its unique approach but also offers enticing passive income opportunities, poised to make a significant impact in the meme coin sector. 
Solana (SOL) Determined to Hold Above EMA100 
Ranked fifth in market cap behind Bitcoin (BTC), Solana (SOL) with a market cap of $69.94 billion, started yesterday at $149.31, tested $161.84, and closed the day at $155.22 with a 3.96% increase. Solana (SOL) has started today negatively and is currently trading at $151.54, a 2.37% decrease. 
<img src="https://lh7-us.googleusercontent.com/docsz/AD_4nXffnUBETYq6XJymkbF-QURO0v_JEkdIExDk-P1Z2QylF3xZUp-DnRWxAQnrQpTUDMz8do9MynkwyDlz-qoVgdfG04rpV3b3RkEBGFm5X_iz7xFfSCrmpu3KqLtaRR9QCg5EnSqxes1sq3fqsPIYmF64Q1L5kNhFwQ1fj2J6FEv9XY54_pLSLkE?key=Z8969HWRArfoa5H5b5ExJg" width="604" height="300" style="display: block; margin-left: auto; margin-right: auto;"> 
Solana (SOL) Daily Chart Analysis 
As the fifth-largest cryptocurrency by market cap, Solana (SOL) ended its over-month-long range between $116.00-$164.50 and rose to $189. After facing selling pressure at $189, the daily chart of Solana (SOL) shows a continued decline, dropping below the EMA100 support. If Solana (SOL) closes below the EMA100 at $151.96, we might see a pullback to the $140.82 support and the EMA200 at $128.96. For Solana (SOL) to resume its upward trend, it needs to break the critical $164.50 resistance level and achieve daily closes above it. 
Ethereum (ETH) Faces Challenges Maintaining $3500 Level 
As the second-largest cryptocurrency following Bitcoin (BTC), Ethereum (ETH), with a market cap of $419.49 billion, started yesterday at $3,497.0. It tested $3,655.9 after the Fed's interest rate decision and closed the day at $3,558.7 with a 1.75% increase. Currently, Ethereum (ETH) is trading at $3,494.5, a 1.80% decrease, remaining above the EMA55 support level. 
<img src="https://lh7-us.googleusercontent.com/docsz/AD_4nXeS4UywAAmnZ51T63zJMGEChCujyYfWgRW0Pgb_tNWuudGmq_mGvT3DIxk5nTwYYlzBiUntzRkRgGkRtroMpomtTQ08UriBsuhDUJvkogf2vg44FTYttCQdMm5EYPkEbsJwDI2Ty36DtMm-lZ02yO7Yp_K4GZ1eVUckzMdqPVicRFu4rdM6FAo?key=Z8969HWRArfoa5H5b5ExJg" width="605" height="301" style="display: block; margin-left: auto; margin-right: auto;"> 
Ethereum (ETH) Chart Analysis 
Ranked second after Bitcoin (BTC), Ethereum (ETH) continued its downtrend from $4k in March to the $2,858 support level. Before the spot ETF approval news, Ethereum (ETH) rebounded sharply from the $2,858 support and broke the two-month downtrend. Following the spot ETF approval, Ethereum (ETH) traded between the $3,750-$3,950 range (shown in purple on the chart) for three weeks. However, the Non-Farm Payroll data from the US increased selling pressure on Bitcoin (BTC), which affected Ethereum (ETH) as well. This pressure caused Ethereum (ETH) to break below the $3,750-$3,950 range and remain above the EMA21 support for four days. The increased selling pressure before the Fed's interest rate decision also negatively impacted Ethereum (ETH), which is now trading just above the EMA55 support level at $3,525.4. If the selling pressure continues, the nearest support levels for Ethereum (ETH) will be the EMA55 at $3,481.6 and the EMA100 at $3,330.0. 
Furrever Token (FURR): A Charming Newcomer in Crypto with a Lucrative 10% Referral Program 
Furrever Token introduces a refreshing and engaging twist to the crypto market. Designed with an adorable cat-themed environment, Furrever Token aims to provide a delightful user experience while offering substantial financial opportunities. One of its standout features is the innovative referral program, allowing users to earn 10% in $FURR Tokens for each deposit made through their personal referral link. This system not only incentivizes community growth but also creates a stream of passive income for users. 
The ongoing presale of Furrever Token has already raised over $1.3 million, currently in stage 9, targeting a total of $1.9 million. Priced at $0.000732, the token offers the potential for up to 15X returns, making it an attractive investment. Furrever Token's roadmap includes exciting future developments, such as exclusive charming cat content, ensuring continuous engagement and rewards for its community. The project's commitment to security, validated by an audit from Securi Lab, further enhances its credibility. 
Don't miss the opportunity to add Furrever Token to your investment portfolio and be prepared for it to dominate the meme coin sector. Join Furrever Token Presale Now: <a href="https://furrevertoken.com/?ref_url=tbt-solethfurr-b-13062024" target="_blank" rel="noopener">Furrever Token Official Website</a>&nbsp; <a href="https://buy.furrevertoken.com/?ref_url=tbt-solethfurr-b-13062024" target="_blank" rel="noopener">Visit Furrever Token Presale </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/solana-sol-struggles-with-ema100-ethereum-eth-s-3500-battle-and-furrever-token-furr-s-pawsitive-debut-tbt92719.html">https://thebittimes.com/solana-sol-struggles-with-ema100-ethereum-eth-s-3500-battle-and-furrever-token-furr-s-pawsitive-debut-tbt92719.html</a>

Solana (SOL) Struggles with EMA100, Ethereum (ETH)'s $3500 Battle, and Furrever Token (FURR)'s Pawsitive Debut

TheBitTimes

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