BrunoHenriqu
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Ethena (ENA) Surges 328% in Key Bullish Metric
ENA is currently trading at $0.4611, following a 10.16% surge in the past 24 hours. This move was accompanied by a 257.25% increase in 24-hour trading volume, highlighting the growing demand for the asset.
ENA’s price has been undergoing a correction since its peak in January. The coin is currently close to a critical support level of $0.455. If ENA can hold above this level, it could start a rally towards the next resistance level of $0.60658.
Other important resistances include $0.76939 and $1.00290, which will determine whether ENA can reach new highs. However, if the price drops below $0.455, the asset could retreat to $0.39235.
The growth in ENA network activity suggests an increase in the number of users and investors. The increase in zero balance addresses indicates that both new and old $ENA
ENA is currently trading at $0.4611, following a 10.16% surge in the past 24 hours. This move was accompanied by a 257.25% increase in 24-hour trading volume, highlighting the growing demand for the asset.
ENA’s price has been undergoing a correction since its peak in January. The coin is currently close to a critical support level of $0.455. If ENA can hold above this level, it could start a rally towards the next resistance level of $0.60658.
Other important resistances include $0.76939 and $1.00290, which will determine whether ENA can reach new highs. However, if the price drops below $0.455, the asset could retreat to $0.39235.
The growth in ENA network activity suggests an increase in the number of users and investors. The increase in zero balance addresses indicates that both new and old $ENA
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