By Afe Funbi Key highlights: Ethena confirms a bullish reversal pattern after breaking key resistance, signaling momentum shift on multiple timeframes. Analysts highlight the 200-day moving average as the crucial level that could determine ENA’s next big move. Strong support around $0.43 continues to hold, keeping bulls in control as volume and RSI start trending […]
Tag: ENA
By Afe Funbi Key highlights: ENA price is holding at a major support zone near $0.54 after weeks of downside pressure. Ethena charts point to $0.59-$0.61 as the key resistance area that could trigger a rebound. A breakdown below $0.54 risks a slide toward $0.47, with $0.36 as a deeper target. ENA price $0.5412 Key […]
By Marco Piccolo Key highlights: M2 Capital has invested $20 million in ENA, the governance token of Ethena, a crypto-native synthetic dollar protocol. The deal supports the integration of Ethena’s products into M2’s regulated wealth management offerings via M2 Global Wealth. Ethena’s USDe stablecoin and sUSDe yield-bearing token have helped the protocol surpass $14 billion […]