Below is a detailed analysis and the latest updates on three cryptocurrencies: Ethena (ENA), Book of Meme (BOME), and ICON (ICX). The article includes current prices, technical analysis across time frames (15 minutes, 1 hour, 4 hours, 1 day), market information, and specific trading strategies for both Spot and Futures.
1. Ethena (ENA)
Current Price: $0.2707
24h Volatility: +2.65%
24h Trading Volume: $107.6 million
Market Cap: $1.58 billion
Technical Analysis
• 15M Frame: Price oscillates in the range of $0.26–$0.274. RSI at 55, positive MACD, giving a slight bullish signal.
• 1H Frame: Short-term uptrend, price above MA50. RSI at 60, positive MACD, supporting the uptrend.
• 4H Frame: Price approaches resistance at $0.28. If it breaks through, it may target $0.30.
• 1D Frame: Long-term uptrend is reinforced if the price maintains above $0.25.
Market Information
• Ethena is attracting attention in the DeFi community with new updates on the protocol and Layer 2 integration.
Trading Strategy
• Spot: Buy around the range of $0.26–$0.27, take profit at $0.30–$0.32.
• Futures:
• Long: When the price exceeds $0.28 with large volume, set SL at $0.27, TP at $0.32.
• Short: If the price does not exceed $0.28 and falls below $0.26, set SL at $0.27, TP at $0.24.
2. Book of Meme (BOME)
Current Price: $0.001373
24h Volatility: -0.69%
24h Trading Volume: $23.1 million
Market Cap: $95 million
Technical Analysis
• 15M Frame: Price oscillates in the range of $0.00131–$0.00140. RSI at 50, MACD near 0, giving a neutral signal.
• 1H Frame: Sideways trend, price around MA50. RSI at 45, MACD near 0, needs further monitoring.
• 4H Frame: Price approaches support at $0.00130. If it breaks, it may drop to $0.00120.
• 1D Frame: Long-term downtrend, needs to exceed $0.00150 to confirm a reversal.
Market Information
• Book of Meme is one of the meme coins attracting attention, but has recently experienced a significant price drop.
Trading Strategy
• Spot: Buy around the range of $0.00130–$0.00135, take profit at $0.00150–$0.00160.
• Futures:
• Long: When the price exceeds $0.00150 with large volume, set SL at $0.00140, TP at $0.00170.
• Short: If the price does not exceed $0.00150 and falls below $0.00130, set SL at $0.00140, TP at $0.00110.
3. ICON (ICX)
Current Price: $0.0976
24h Volatility: -18.16%
24h Trading Volume: $59.4 million
Market Cap: $103.7 million
Technical Analysis
• 15M Frame: Price oscillates in the range of $0.097–$0.122. RSI at 40, negative MACD, giving a slight bearish signal.
• 1H Frame: Short-term downtrend, price below MA50. RSI at 35, negative MACD, needs further monitoring.
• 4H Frame: Price approaches support at $0.095. If it breaks, it may drop to $0.090.
• 1D Frame: Long-term downtrend, needs to exceed $0.110 to confirm a reversal.
Market Information
• ICON is a blockchain platform from South Korea, striving to expand its ecosystem and attract new users.
Trading Strategy
• Spot: Buy around the range of $0.095–$0.100, take profit at $0.110–$0.115.
• Futures:
• Long: When the price exceeds $0.110 with large volume, set SL at $0.105, TP at $0.120.
• Short: If the price does not exceed $0.110 and falls below $0.095, set SL at $0.100, TP at $0.085.
Summary
• Ethena (ENA): Currently in an uptrend, may exceed $0.28 if it maintains the current momentum.
• Book of Meme (BOME): Currently in an accumulation phase, needs to exceed $0.00150 to confirm an uptrend.
• ICON (ICX): Currently in a downtrend, needs to monitor the support area at $0.095 to determine the next trend.
Note: Trading strategies should be adjusted according to each investor's risk appetite and profit goals.
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