AI Crypto

Green

Million

Ethena

<p>The Ethena price has plunged by 6% in the past 24 hours to trade for $0.7092 as of 04:07 a.m. EST on trading volume that slumped 40%.</p> 
<p>It comes amid broader market gloom as the Bitcoin price remains range-bound between $64,000 and about $66,000</p> 
<h2 id="ethena-price-prediction">Ethena Price Prediction</h2> 
<p>For the Ethena price, the synthetic dollar protocol built on Ethereum may bottom out soon as it fills a triangle pattern. With the $0.6229 Fibonacci base holding as a support level, the ENA price may be primed for a bullish breakout.</p> 
<p>Supporting this thesis, the Relative Strength Index (RSI) has breached resistance due to the descending trendline. If the bulls manage a higher high on this momentum indicator, it would confirm a budding change in market structure.</p> 
<p>Besides a higher high on the RSI, traders should also wait for the Moving Average Convergence Divergence (MACD) to cross above the orange band of the signal line.</p> 
<p>The upside potential for the Ethena price is constrained by multiple supplier congestion levels. To begin with, the descending trendline has stunted ENA’s upside potential for along time. A flip of this roadblock into a support level would pave the way for a continuation of the trend.</p> 
<p>A bounce atop it, however, could see the Ethena price confront resistance presented by the 78.6% Fibonacci retracement level of $0.8382. In a highly bullish case, the ENA price could foray into the Fibonacci Golden Zone between the 61.8% and 38.2% retracement levels.</p> 
<p>Traders watch this zone closely, as it often acts as a strong support or resistance area, signaling potential price reversals.</p> 
<p>For a confirmed uptrend, the Ethena price must foray into the Golden Zone, and break and close above the 50% Fibonacci placeholder at $1.1259.</p> 
<p><a href="https://insidebitcoins.com/wp-content/uploads/2024/05/ENA-2.png"><img decoding="async" class="aligncenter wp-image-522454 size-full" src="https://insidebitcoins.com/wp-content/uploads/2024/05/ENA-2.png" alt="Ethena" width="1366" height="768" srcset="https://insidebitcoins.com/wp-content/uploads/2024/05/ENA-2.png 1366w, https://insidebitcoins.com/wp-content/uploads/2024/05/ENA-2-300x169.png 300w, https://insidebitcoins.com/wp-content/uploads/2024/05/ENA-2-1024x576.png 1024w, https://insidebitcoins.com/wp-content/uploads/2024/05/ENA-2-768x432.png 768w" sizes="(max-width: 1366px) 100vw, 1366px"></a></p> 
<p><a href="https://www.geckoterminal.com/eth/pools/0xc3db44adc1fcdfd5671f555236eae49f4a8eea18" target="_blank" rel="noopener">GeckoTerminal: ENA/USD 1-day chart</a></p> 
<h4><strong>Converse Case</strong></h4> 
<p>On the other hand, if the descending trendline continues to hold as resistance, the Ethena price could retract. A break and close below the $0.6229 on the one-day timeframe would invalidate the bullish thesis.</p> 
<p>As the Ethena price coils up for the next move, investors looking to diversify their portfolio might consider eTukTuk (TUK). It is a new green crypto focusing on electric vehicles that YouTuber DCA says is ”changing the world.”</p> 
<p><iframe title="This AI Project Is Changing The World! Get In Early! eTukTuk" width="640" height="360" src="https://www.youtube.com/embed/HdJyAYqHSUA?feature=oembed" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" referrerpolicy="strict-origin-when-cross-origin" allowfullscreen></iframe></p> 
<h2 id="promising-alternative-to-ethena">Promising Alternative To Ethena</h2> 
<p>The presale is a success story after absorbing funds of more than $3.3 million thus far.</p> 
<p>TUK is the native cryptocurrency for the <a href="https://insidebitcoins.com/visit/etuktuk" target="_blank" rel="noopener nofollow">eTukTuk ecosystem</a>.&nbsp;It presents itself as a revolutionary cryptocurrency project that aims to help Tuk Tuk drivers adopt a more energy-efficient and environmentally friendly mode of transportation.</p> 
<blockquote class="twitter-tweet" data-width="550" data-dnt="true"> 
 <p lang="en" dir="ltr">From endangering ecosystems to accelerating climate change, rising air pollution knows no bounds. </p> 
 <p>Let's take action for cleaner air with <a href="https://twitter.com/hashtag/eTukTuk?src=hash&amp;ref_src=twsrc%5Etfw">#eTukTuk</a>. <a href="https://t.co/3IIfYh8m1I">pic.twitter.com/3IIfYh8m1I</a></p> 
 <p>— eTukTuk (@eTukTukio) <a href="https://twitter.com/eTukTukio/status/1788195135877960156?ref_src=twsrc%5Etfw">May 8, 2024</a></p>
</blockquote> 
<p><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></p> 
<p>Its focus is on developing economies in Africa and South Asia, starting with Sri Lanka. It will introduce electric Tuk Tuks and a network of Electric Vehicle Charging Stations (EVSEs) to selected nations.</p> 
<blockquote class="twitter-tweet" data-width="550" data-dnt="true"> 
 <p lang="en" dir="ltr">Switching to electric vehicles isn't just good for the planet, it's also great for your wallet!</p> 
 <p>Save on fuel costs, benefit from tax incentives, and enjoy lower maintenance expenses.</p> 
 <p>Drive smart, save more with <a href="https://twitter.com/hashtag/eTukTuk?src=hash&amp;ref_src=twsrc%5Etfw">#eTukTuk</a>. 💸 <a href="https://t.co/2fUFjNkBOX">pic.twitter.com/2fUFjNkBOX</a></p> 
 <p>— eTukTuk (@eTukTukio) <a href="https://twitter.com/eTukTukio/status/1790725159034536396?ref_src=twsrc%5Etfw">May 15, 2024</a></p>
</blockquote> 
<p><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></p> 
<p>The team is committed to creating a carbon-fighting environment, and does so by integrating blockchain and AI technologies. Additionally, the project promotes green transportation in a bid to accelerate the global transition to electric vehicle usage.</p> 
<blockquote class="twitter-tweet" data-width="550" data-dnt="true"> 
 <p lang="en" dir="ltr">Which side are you on? 🤔</p> 
 <p>Join the eco revolution with <a href="https://twitter.com/hashtag/eTukTuk?src=hash&amp;ref_src=twsrc%5Etfw">#eTukTuk</a> and let's drive towards a greener, cleaner future! 🌿🚗 <a href="https://t.co/Kxwte0SVe6">pic.twitter.com/Kxwte0SVe6</a></p> 
 <p>— eTukTuk (@eTukTukio) <a href="https://twitter.com/eTukTukio/status/1789644224566050863?ref_src=twsrc%5Etfw">May 12, 2024</a></p>
</blockquote> 
<p><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></p> 
<p>The project is also launching a Play-To-Earn (P2E) game in which players race around the streets of Sri Lanka. While doing so, they get to pick up and drop off customers at different locations.</p> 
<blockquote class="twitter-tweet" data-width="550" data-dnt="true"> 
 <p lang="en" dir="ltr">📢📢 EXCITING ANNOUNCEMENT 📢📢</p> 
 <p>We are thrilled to announce that our awaited game, Crazy Tuk Tuk taxi is now also available on the App store 🤩</p> 
 <p>Complete quests, earn rewards and compete in thrilling races 😎</p> 
 <p>Download now:<a href="https://t.co/E2rb7J8r2e">https://t.co/E2rb7J8r2e</a> <a href="https://t.co/XXgV8Wgz0Y">pic.twitter.com/XXgV8Wgz0Y</a></p> 
 <p>— eTukTuk (@eTukTukio) <a href="https://twitter.com/eTukTukio/status/1781951213673803976?ref_src=twsrc%5Etfw">April 21, 2024</a></p>
</blockquote> 
<p><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></p> 
<h4>Buy And Stake TUK In The Presale</h4> 
<p>Token holders staking their holdings enjoy annual yields (APY) as high as 84%. TUK token rewards will be distributed to users at a rate of 4.75 $TUK per BSC block. Rewards will be payable over 3 years and are determined by your share of the staking pool and annual returns percentage.</p> 
<blockquote class="twitter-tweet" data-width="550" data-dnt="true"> 
 <p lang="en" dir="ltr">Introducing Buy and Stake mechanism, get <a href="https://twitter.com/search?q=%24TUK&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$TUK</a> tokens and instantly stake them, initiating a dynamic APY. </p> 
 <p>Early stakers enjoy higher returns as APY adjusts with participation, encouraging early adoption and a fair, enticing incentive structure for all. 💫 <a href="https://t.co/pMrXEZzB3f">pic.twitter.com/pMrXEZzB3f</a></p> 
 <p>— eTukTuk (@eTukTukio) <a href="https://twitter.com/eTukTukio/status/1711761128576159791?ref_src=twsrc%5Etfw">October 10, 2023</a></p>
</blockquote> 
<p><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></p> 
<p>TUK tokens are priced at $0.0315. If the project attracts you, beware that the price will increase in about three days.</p> 
<p><a href="https://insidebitcoins.com/visit/etuktuk" target="_blank" rel="noopener nofollow">Visit the eTuktuk website here</a></p> 
<h3 id="strong-also-read-strong"><strong>Also Read: </strong></h3> 
<ul> 
 <li><a href="https://insidebitcoins.com/buy-cryptocurrency/how-to-buy-etuktuk">How To Buy eTukTuk (TUK) On Presale</a></li> 
 <li><a href="https://www.linkedin.com/pulse/best-ai-crypto-coin-projects-top-picks-2023-juliana-clarisse-calsona-d67oe">Best AI Crypto Coin Projects: Top Picks for 2023</a></li> 
 <li><a href="https://insidebitcoins.com/news/green-ai-revolution-in-web3-heres-how-you-can-seize-the-100x-opportunity-with-etuktuk">Green AI Revolution in Web3 – Here’s How You Can Seize the 100X Opportunity With eTukTuk</a></li> 
 <li><a href="https://insidebitcoins.com/news/etuktuk-tuk-storming-into-2024-with-massive-funding-learn-why-here">eTukTuk (TUK) Storming Into 2024 With Massive Funding, Learn Why Here</a></li> 
 <li><a href="https://insidebitcoins.com/news/etuktuk-strives-to-bring-sustainable-transport-to-developing-nations-with-its-innovative-three-wheeler-ev-and-charging-infrastructure">eTukTuk Strives to Bring Sustainable Transport to Developing Nations With Its Innovative Three-Wheeler EV and Charging Infrastructure</a></li> 
</ul>

Ethena Price Plunges 6% As This Green AI Crypto Presale Charges Towards $4 Million – Best Crypto To Buy Now?

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