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Pawfury  – The New Crypto Superstar

Aug 20, 2024 pm 03:37 PM
ethereum Bullish Trends Cardano

Pawfury is quickly establishing itself as the new crypto superstar in the market. With its dynamic presale rewards, Pawfury offers significant benefits

Pawfury  – The New Crypto Superstar

Bitcoin price soared above $56,000 on Monday morning, continuing its record-breaking rally after setting a new all-time high on Friday.

The world’s largest cryptocurrency by market capitalization rose 6.4% over the past 24 hours to $56,234. BTC began 2022 trading around $47,000.

Bitcoin price breached the $56,000 threshold on Friday. Now, as it attempts to hold on to its gains, analysts remain optimistic about the future of the crypto market in 2023. Some analysts even predict that Bitcoin could reach $100,000 by the end of the year.

As Bitcoin price stalls above $56,000, investors are turning their attention to other cryptocurrencies that have shown excellent growth potential. Among them, Ethereum price has been trying to break above a key resistance level of $2,800 for a while now—a bullish persistence that is also observed in the price dynamics of Cardano. Both coins have been charting a consistent upward path since mid-October. This analysis will review the prospects of ETH and ADA in maintaining their momentum.

In the emerging crypto projects scene, Pawfury has captured investors’ attention by promising early-stage investment opportunities that would be rewarding to early adopters.

Pawfury – The New Crypto Superstar in the Market

Pawfury is quickly establishing itself as the new crypto superstar in the market. With its dynamic presale rewards, Pawfury offers significant benefits to its holders. The strong and growing community backing this coin, coupled with ongoing development efforts, showcases its immense growth potential. As an innovative and strategic investment option, Pawfur is attracting widespread attention from investors looking for high returns in a competitive landscape. This emerging superstar is set to dominate the crypto market, promising robust growth and long-term success.

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Token Distribution Benefits for Early Pawfury InvestorsPawfury’s presale is crafted to ensure fair token distribution and provide benefits to investors. Featuring multiple stages with increasing prices, the structure rewards early participants with lower token costs. This model not only builds excitement but also attracts capital, enhancing liquidity and market stability. To celebrate its success, investors can now enjoy a 10% extra bonus on their first purchase on Pawfury using the promo code “CRYPTOPAWR10X” for a limited time.

Ethereum (ETH) Price Analysis

Ethereum’s ETH price went up after the approval of Ethereum ETF. It has breached the resistance levels of $2,740 and $2,850. The market looks forward to breaching the next key resistance at $3,000.

Ethereum’s recent price action has been intensely bullish, moving linearly up since the approval of the Ethereum ETF. The good momentum has ETH easily breaking beyond key resistance levels at $2,780 and $2,850. The market is now awaiting the next and last major resistance level, expected around $2,500. Ethereum, ETH, changed hands at nearly $2,636 as of the latest data from TradingView, up nearly 7.66% for the week.

The technical analysis reveals a mix of signals across various indicators. The Relative Strength Index (RSI) at 39.41 indicates a neutral position, while the Stochastic %K is at 45.11, suggesting a sell signal. Meanwhile, the MACD Level at 71.75 indicates a buy.

The pivot points analysis highlights key support and resistance levels. The immediate support level is $1,841.14, and the resistance level is $2,780. Further support and resistance levels are identified at $2,230 and $2,400, respectively.

Cardano (ADA) Price Analysis

Similar to Ethereum, Cardano (ADA) has been steadily rising since June, and some experts anticipate that its consolidation in mid-October resembles a previous phase, indicating a potential breakthrough of the $0.45 resistance to reach $1.25 by December’s end. Over the past three months, Cardano’s network has witnessed transactions exceeding $250,000, signalling increased institutional interest.

Cardano’s lucrative addresses spiked to a two-year high of 57%, boosting confidence in ADA’s long-term potential. The involvement of whales in large-scale transactions further emphasizes potential price influence. The ecosystem’s vitality is evident, with 150 initiatives and 4,000 projects contributing to Cardano’s transaction growth.

Based on the latest data from TradingView, Cardano (ADA) is near $0.3357 with a weekly increase of 0.63%. The analysis includes a detailed look at oscillators, moving averages, and pivot points, providing a comprehensive view of ADA

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