Cryptocurrency

April

Ethena

<ul>
 <li>#<a href="https://www.coingabbar.com/en/crypto-currency/ethena-ena-prices-usd" title="Ethena" class="f-link" style="" rel="noopener noreferrer nofollow">Ethena</a> establishes a peak near $1.320 on April 3rd, followed by a corrective phase.</li>
 <li>Price action breaches the crucial psychological threshold at $1.00, registering a recent dip to $0.861.</li>
 <li>Noteworthy support is detected at the 61.80% Fibonacci retracement level, prompting a subsequent price rebound.</li>
 <li>The bullish trend of the newly introduced $ENA token remains intact, underpinned by a prominent trendline visible on the 1-hour chart.</li>
 <li>A recent surge in ENA's value surmounts the resistance barrier positioned at $1.25.</li>
 <li>The uptrend gains traction as bullish momentum triggers an upward breakout from an ascending triangle pattern, initiated upon surpassing the $1.20 mark.</li>
 <li>Presently, $ENA is exchanging hands at $1.38, exhibiting a 6.70% intraday appreciation and forming yet another bullish candlestick.</li>
 <li>The ongoing sequence of five consecutive bullish candles suggests a sustained increase in bullish sentiment.</li>
 <li>As per Fibonacci analysis, the ongoing breakout rally could potentially extend towards the $1.80 level.</li>
 <li>According to <a href="https://www.coingabbar.com/en/price-analysis" title="Coingabbar's analysis" class="f-link" rel="noopener noreferrer nofollow">Coingabbar's analysis</a>, #Ethena Price Prediction 2030 suggests an anticipated increase to $35.</li>
</ul>
KEY LEVELS :
RESISTANCE LEVEL : $2.000-$3.000
SUPPORT LEVEL : $0.850-$0.550
Disclaimer: Coingabbar's guidance and chart analysis on cryptocurrencies, NFTs, or any other decentralized investments is for informational purposes only. None of it is financial advice. Users are strongly advised to conduct their research, exercise judgement, and be aware of the inherent risks associated with any financial instruments. Coingabbar is not liable for any financial losses. Cryptocurrency and NFT markets could be highly volatile; users should consult financial professionals and assess their risk tolerance before investing.

Ethena Price Prediction: Is $5 the Next Milestone for ENA?

Coingabbar

Другие статьи, опубликованные 9 апр. 2024 г.

0G Launches Newton Testnet of Ultra-Scalable Modular AI Blockchain (9 Apr)

Ethereum Surges Past Resistance, Eyeing Further Gains

SEC Extends Review of Bitcoin ETF Options on NYSE

Zeta Markets Gears Up for Governance Token Debut and Airdrop within Solana’s Boundaries

Biden's mining tax is the least sensible part of his 2025 budget proposal

Mezo Gathers $21 Million to Enhance Bitcoin’s Layer-2 Infrastructure

Join our free newsletter for daily crypto updates!