Ethena Price Prediction: ENA Dives 6% As Investors Rush To Buy This $70 Million Pepe Derivative Before It’s Too Late
The Ethena price dropped 6% in the last 24 hours to trade at $0.5593 as of 2:00 a.m. EST on trading volume that plummeted 34% to $278.07 million. The ENA price has seen a 23% dip in the past seven days, initially trying to breach a resistance at $0.80 last Thursday and Friday, only to then plummet to around $0.55 as the US kicked off a trade war. The price then recovered to $0.70 on Monday, but the resistance rejected it, and it has been spiraling down ever since. Ethena Price Prediction Ethena spent most of this week slowly descending, with its Bollinger Bands typically remaining quite narrow other than short periods when another support would break, sending it further down. The price mostly fluctuated between the lower band and the middle line between the two bands over the last two days, only to then rise above the middle line before the support would break, and another widening followed, marking yet another drop. In fact, this pattern has been repeated two times already, and EN...