- Ethena climbed 18%, reaching a level of $ 0.35.
- The sun -day -to -day trading volume of the ENA has risen more than 96%.
The reversal of the long collapse in the crypto market has pushed the property to their former high. Bitcoin and Ethereum enter the bullish zone. The rush of the trend, Etha (ENA) rallies by more than 18.52%.
In the early hours, Ethena exchanged the bottom range of $ 0.2987. The Bullish Wave has been able to resort to the peak of $ 0.3553, destroying the important range of resistance between $ 0.31 and $ 0.34.
At the time of the press, Ethena Putted Within the range of $ 0.3540, with the market cap of up to $ 1.96 billion. Besides, the day -to -day trading volume touched $ 220 million.
The weekly ENA price chart reports a stable gain of more than 31.26%. The owner began to trade on a weekly less than $ 0.2639. Gradually, Ethhena's momentum builds up and reaches the current trading level.
Will Ethena retain its bullish streak?
The recently reversed correction of the owner has the potential to resolve the price to climb to the immediate $ 0.3576 resistance. If the Bulls in Command starts with the Golden Cross, it may jump above this threshold, driving the Ethic price at a level of $ 0.36.
By contrast, the return of the Uptrend is likely to be weaker Kickstart Etherna's momentum, looking for the support scope of around $ 0.3440. Loss of steady below this level can invite more downside and likely open the doors for a deeper correction to $ 0.33.
The moving average line of the ENA line (MACD) line crosses the signal line, indicating a positive crossover. The price of possession gains upward strength with a purchase signal in the market.
Significantly, the Chaftin Flow (CMF) indicator is fixed to 0.06, suggesting that the money flows in the possession with minimal emotions. Meanwhile, the sun -the -day trade volume of the ENA has increased by more than 96%.
The Bull Bear Power (BBP) value of 0.0620 indicates moderate bullish strength in the market. The current condition in the Etha market is very thoughtful, at the risk of a pullback because the sun -day -child -child index (RSI) is at 75.66.
Denial: The opinion expressed in this article is only set. It does not represent any investment advice. The TheNewScrypto team encourages everyone to do their own research before investing.
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