Ethena’s (ENA) Price Jumped 10%, Is it Time for Reversal?

Quick Summary:

Ethena’s price rose 10% in the last 24 hours showcasing buyers’ presence at the lower level.

On the 4-hour timeframe, it gave a breakout above the 50-day EMA level indicating a short-term trend in the upward direction.

The RSI stands at 39 denoting the price is in bearish territory.

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Article Details

Author / Journalist: Zayan

Category: Crypto

Markets: United Arab Emirates

Topics: Ethena ENA Altcoin News Market Updates

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-22 @ 08:25:09 (19 hours ago)

News Timezone: GMT +0:00

News Source URL: thenewscrypto.com

Language: English

Article Length: 317 words

Reading Time: 2 minutes read

Sentences: 31 lines

Sentence Length: 11 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © TheNewsCrypto

News ID: 26331024

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About TheNewsCrypto

Main Topics: Crypto

Official Website: thenewscrypto.com

Update Frequency: 33 posts per day

Year Established: 2020

Headquarters: United Arab Emirates

News Last Updated: 13 hours ago

Coverage Areas: United Arab Emirates

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