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Ethena (ENA) Could Skyrocket 150% Soon – Here’s Why
ENA, the native token of Ethena — an Ethereum-based synthetic dollar protocol — has seen an impressive 45% surge over the past week. Currently trading at $0.38, the altcoin has reached its highest price level since July.
With growing momentum, ENA is now positioned for a potential 150% increase. However, the question remains: when will this happen?
Ethena in strong uptrend
At its current price, Ethena’s native token is trading above its 20-day exponential moving average (EMA) and 50-day simple moving average (SMA). Trading above these moving averages suggests that the altcoin is in a bullish trend.
With growing momentum, ENA is now positioned for a potential 150% increase. However, the question remains: when will this happen?
Ethena in strong uptrend
At its current price, Ethena’s native token is trading above its 20-day exponential moving average (EMA) and 50-day simple moving average (SMA). Trading above these moving averages suggests that the altcoin is in a bullish trend.
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ENA
1.2978
+10.51%
DATA
0.0579
-7.83%
SOL
226.1
+2.67%
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